In France, Public Debt Rises to 119% of GDP a Few Months After the Presidential Election
19 Articles
19 Articles
Public debt is expected to increase to 119.3% of GDP by the end of this year and to 121.7% in 2027.
French public debt increased further in the second quarter, reaching nearly 3.6 billion euros, or 119% of gross domestic product (GDP), announced on Tuesday 29 September INSEE, before a record expected in 2027. A very uncomfortable situation just a few months before the elections.
France's public debt continues to rise, reaching 3,595.5 billion euros at the end of the second quarter, or 119% of gross domestic product. Above all, net debt increases more than gross debt.
French public debt reached 119% of GDP in the second quarter of 2026, a record since 1946. With an anemic growth of 0.5%, the ratio cannot decline without massive budget cuts. The 74 billion interest rates...
Since 2024, taxes, taxes and contributions have increased by 36.7 billion euros, according to Rexecode. At the end of June, the public debt amounted to 3,595.5 billion, or 119% of GDP. The additional revenue absorbed part of the deficit without interrupting debt.
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