Government budget and debt · France

France Budget Balance

The France Budget Balance measures the public finances of France: the budget balance (revenue minus spending), revenue, or debt relative to the size of the economy.

Importance
Medium
Released
Monthly
Next release
Currency
EUR · euro
Central bank
The European Central Bank (with the Banque de France)

Latest figures

The latest release for AUG, published on 6 October 2026, came in at €-159.6B.

ReleasedForActualConsensusPrevious
6 Oct 2026AUG€-159.6B–€-145.9B
2 Sep 2026JUL€-145.9B–€-106.8B
4 Aug 2026JUN€-106.8B–€-93.3B
2 Jul 2026MAY€-93.3B–€-69.6B
2 Jun 2026APR€-69.6B–€-42.9B
5 May 2026MAR€-42.9B–€-32.1B
2 Apr 2026FEB€-32.1B–€-9.7B
3 Mar 2026JAN€-9.7B–€-124.7B
3 Feb 2026DEC€-124.7B–€-155.4B
13 Jan 2026NOV€-155.4B–€-136.2B
2 Dec 2025OCT€-136.2B–€-155.4B
4 Nov 2025SEP€-155.4B–€-157.5B

See it in the economic calendar →

Why it matters

Large deficits mean more government borrowing, which can push bond yields up and, if markets lose confidence, weigh on the currency. Debt ratios matter for credit ratings and for euro-area rules.

How it is calculated

The finance ministry or statistics office reports cash revenue and spending each month or quarter; debt is the stock of government borrowing, usually shown as a share of GDP.

Budget balance = revenue − spending
Debt ratio = government debt ÷ GDP × 100

What changes mean

  • Markets react mostly to surprises that change the borrowing plan.
  • Rising debt is more worrying when interest rates are above growth rates.

A short history

Public debt has financed wars since the Bank of England was founded in 1694 to lend to the government; the euro area's 3% deficit and 60% debt rules date from the Maastricht Treaty (1992).

Questions

What is the France Budget Balance?

The France Budget Balance measures the public finances of France: the budget balance (revenue minus spending), revenue, or debt relative to the size of the economy.

What was the latest France Budget Balance?

€-159.6B for AUG, published on 6 October 2026.

When is the next France Budget Balance?

On Tuesday 3 November 2026 at 07:45 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.