Gross debt in France

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in France in the period from 1998 to 2021 was between 803.8 billion and 3,327.0 billion USD. The highest level of the last years at 3,327 billion US Dollar was reached in 2021. The budget deficit in the same year was 190.3 billion USD.

Based on the number of inhabitants, this is in France a debt of 49,290 USD per person. For comparison: The average debt per person in the same year in the European Union was 33,714 USD.

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Gross debt of the last 23 years in billion USD

YearFrance totalFrance per capitaEU per capita
1998874.32 bn USD14,527 USD14,079 USD
1999857.43 bn USD14,173 USD14,032 USD
2000804.11 bn USD13,201 USD11,232 USD
2001803.75 bn USD13,100 USD11,255 USD
2002904.74 bn USD14,639 USD12,258 USD
20031,188.16 bn USD19,089 USD15,286 USD
20041,397.66 bn USD22,290 USD17,595 USD
20051,480.38 bn USD23,431 USD18,327 USD
20061,499.32 bn USD23,566 USD18,877 USD
20071,717.05 bn USD26,822 USD20,898 USD
20082,015.48 bn USD31,308 USD24,086 USD
20092,242.81 bn USD34,661 USD25,361 USD
20102,255.18 bn USD34,680 USD26,496 USD
20112,516.68 bn USD38,515 USD29,231 USD
20122,431.54 bn USD37,032 USD28,174 USD
20132,626.63 bn USD39,798 USD29,981 USD
20142,709.99 bn USD40,867 USD30,648 USD
20152,331.34 bn USD35,032 USD25,920 USD
20162,422.43 bn USD36,305 USD26,262 USD
20172,546.72 bn USD38,057 USD27,025 USD
20182,729.15 bn USD40,672 USD28,454 USD
20192,658.75 bn USD39,536 USD27,178 USD
20203,024.71 bn USD44,890 USD30,798 USD
20213,327.04 bn USD49,290 USD33,714 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      France       European Union

Budget deficit in France

The budget deficit of a country is the result of all its claims and liabilities. This includes incomes and expenses, repayments and building of new debts in other countries, but also domestic positions of the government, such as social insurances, local authorities and communities. It is the financial balance of the economic accounts. In simple terms: If a country at the end of the year has more money, than at at the beginning, it is a surplus - it is less, it is called deficit.

The budget deficit in France in the period between 1998 and 2021 varied between 19.41 billion Euro and 234.76 billion Euro. In 2021 was reached a balance of -190 billion Euro.

In ratio to population, this equals a new indebtedness of 2,819 Euro per capita in France only in 2021. For comparison, the average debt per capita in the European Union was in the same year at 1,788 Euro.

Budget deficit of the past 23 years

YearFrance totalFrance per capitaEU per capita
1998-38.06 bn USD-632 USD-398 USD
1999-25.73 bn USD-425 USD-204 USD
2000-19.41 bn USD-319 USD112 USD
2001-20.75 bn USD-338 USD-299 USD
2002-46.05 bn USD-745 USD-565 USD
2003-73.97 bn USD-1,188 USD-840 USD
2004-74.25 bn USD-1,184 USD-920 USD
2005-69.78 bn USD-1,104 USD-822 USD
2006-56.71 bn USD-891 USD-568 USD
2007-70.14 bn USD-1,096 USD-360 USD
2008-95.64 bn USD-1,486 USD-1,085 USD
2009-193.79 bn USD-2,995 USD-2,021 USD
2010-182.16 bn USD-2,801 USD-1,970 USD
2011-147.70 bn USD-2,260 USD-1,462 USD
2012-133.67 bn USD-2,036 USD-1,220 USD
2013-114.84 bn USD-1,740 USD-1,027 USD
2014-111.52 bn USD-1,682 USD-852 USD
2015-88.42 bn USD-1,329 USD-577 USD
2016-89.95 bn USD-1,348 USD-423 USD
2017-76.78 bn USD-1,147 USD-263 USD
2018-63.89 bn USD-952 USD-139 USD
2019-83.63 bn USD-1,244 USD-197 USD
2020-234.76 bn USD-3,484 USD-2,313 USD
2021-190.31 bn USD-2,819 USD-1,788 USD

(negative numbers = deficit)
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