Marseille › Debt
The City’s debt
1.42€B
of borrowings to repay at the end of
Flat on 2023
Year by year
€€1.91B in 2017 · €€1.42B in 2024
Click a year to see its amount.
Understand
How many years would it take to repay?
How many years of savings it would take to repay all the debt.
According to the OFGL aggregates: 8.5 years in 2024.
What is the golden rule?
Four rules frame a municipality’s debt:
- Day-to-day spending is covered by day-to-day revenue.
- Borrowing only pays for investment.
- Capital is repaid from the City’s revenue, without new borrowing.
- The budget estimates revenue and spending as accurately as possible.
Where do these numbers come from?
Outstanding debt from the OFGL consolidated municipal database.
Source: OFGL, consolidated municipal database. Outstanding financial debt.