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French Finance Ministry Projects Public Debt-to-GDP Ratio at 119% in 2026, 122% in 2027

Debt is projected to hit 119.3% of GDP in 2026 and 121.7% in 2027, nearly double the EU reference limit, the ministry said.

Summary
This is a record we could have done without. According to the latest figures from the Ministry of the Economy and Finance, France's debt level will continue to rise, reaching record highs. According to Bercy (the Ministry of the Economy and Finance), the debt currently stands at 119% of Gross Domestic Product (GDP) for 2026. It will even continue to climb, reaching 121.7% in 2027.

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France24France24
Reposted by
LaProvence.comLaProvence.com
Center

These levels of debt have been at the highest since 1995, according to data from the National Institute of Statistics (Insee). In 2025, the debt represented 115.6% of the national wealth created. "This increase is mechanical. It is the result of a deficit that remains high", the ministry developed with journalists, after having submitted in the night the budget texts for 2027 to the High Council of Public Finance (HCFP), which must decide on the…

·Issy-les-Moulineaux, France
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SapoSapo
+2 Reposted by 2 other sources
Lean Right

"This rise is mechanical. It is a consequence of a deficit that remains high," the ministry added at a press conference, after submitting the budget texts for 2027 to the High Council for Public Finance (HCFP) during the night.

·Lisboa, Portugal
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Lean Left

On Friday, the government forwarded its draft budget to the High Council for Public Finance. The text foresees a further increase in compulsory levies, which will be the main factor in the expected reduction of the deficit. The debt will continue to rise.

·Paris, France
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lindependant.frlindependant.fr
Reposted by
ouest-france.frouest-france.fr
Center

The Ministry of Economy has announced that France's public debt will reach 119.3% of GDP in 2026 and 121.7% in 2027. This increase is due to a high public deficit, expected to reach 5.4% of GDP in 2026.

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www.cnews.fr broke the news in Issy-les-Moulineaux, France on Saturday, September 19, 2026.
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