French government debt: who owes what
French government debt: who owes what
Maastricht government debt outstanding, broken down between central government, local authorities and social security funds. Quarterly Eurostat series since 2000.
General government (APU) — Eurostat quarterly
Total consolidated APU debt
116.2 % PIB
↑ +3.0 pp·over 4 quarters
Q4 2025· ≈ 3,460 Mds €
Debt by sub-sector
The 4 series do not add up: consolidated APU (S13) removes cross-holdings between government sub-sectors. Read each line for what it represents.
Maastricht government debt (consolidated, gross). S13 ≠ S1311 + S1313 + S1314 because consolidation removes cross-holdings between government sub-sectors.
Where France stands
Consolidated APU debt as % of GDP, Q4 2025, sorted descending. Reference neighbours plus EU27 average.
Consolidated government debt — Maastricht% GDP · Q4 2025
Italie
FR116.2%
Country137.1%
Gap-20.9
Espagne
FR116.2%
Country100.7%
Gap+15.5
Moyenne UE27
FR116.2%
Country81.7%
Gap+34.5
Allemagne
FR116.2%
Country63.5%
Gap+52.7
Pays-Bas
FR116.2%
Country44.4%
Gap+71.8