Skip to main content

French government debt: who owes what

01Consolidated view

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

117.6 % PIB

↑ +4.0 pp·over 4 quarters

Q1 2026· ≈ 3,536 Mds €

022000–2025 evolution

Debt by sub-sector

The 4 series do not add up: the debt of all public bodies together removes what they owe one another. Read each line for what it represents.

Source: Eurostat — gov_10q_ggdebt · Q1 2026·Data ↗·Method →

General government debt as defined by the Maastricht treaty: what public bodies owe, without deducting what they own. The sub-sector lines do not add up: the total removes what one public body owes another.

03European comparison

Where France stands

Consolidated APU debt as % of GDP, Q1 2026, sorted descending. Reference neighbours plus EU27 average.

Consolidated government debt — Maastricht% GDP · Q1 2026
Italy
FR117.6%
Country138.9%
Gap-21.3
Spain
FR117.6%
Country101.6%
Gap+16.0
EU-27 average
FR117.6%
Country82.9%
Gap+34.7
Germany
FR117.6%
Country64.4%
Gap+53.2
Netherlands
FR117.6%
Country43.8%
Gap+73.8
Source: Eurostat — gov_10q_ggdebt · Q1 2026·Data ↗·Method →