How is French private sector debt represented in this table?

French private sector debt is shown as outstanding debt in euros, as a percentage of GDP, and as a percentage of gross disposable income, including debt flows over the last four quarters.

What is the source of the France corporate financial accounts data?

The data is compiled and published quarterly by the Banque de France through its Webstat portal, reflecting official national financial accounts.

How far back does the France private sector debt dataset go?

The quarterly series for French corporate financial accounts and private sector debt are available starting from 1995 and are updated with each new release.

France corporate financial accounts

Name: France corporate financial accounts
Creator: Banque de France – Webstat (webstat.banque-france.fr)
License: https://creativecommons.org/licenses/by/4.0/

France corporate financial accounts and private debt are published quarterly by the Banque de France.

Source: Banque de France – Webstat (webstat.banque-france.fr)Last updated: Sep 15, 2026, 12:38Curated by Bui Thanh PhucAbout this data ↓

Indicator	Q1-2026	Q4-2025	Q3-2025	Q2-2025	Q1-2025	Q4-2024	Q3-2024	Q2-2024	Q1-2024	Q4-2023	Q3-2023	Q2-2023	Q1-2023
Liabilities, outstanding amounts1
Total4	17,368,743	18,048,115	17,596,660	17,312,538	17,616,824	17,310,019	17,761,125	17,448,623	18,343,820	17,534,068	16,835,452	17,502,407	17,313,614
Debt securities2	715,390	717,712	721,518	703,994	689,705	691,075	696,041	686,830	672,189	679,179	645,877	640,176	637,185
Short-term debt securities	52,323	47,342	54,609	53,905	47,361	44,003	53,089	55,126	50,961	48,263	52,312	54,080	52,288
Long-term debt securities	663,067	670,370	666,909	650,089	642,344	647,072	642,952	631,704	621,228	630,916	593,565	586,096	584,897
Loans2	3,954,111	3,930,895	3,881,753	3,877,944	3,857,364	3,797,701	3,756,734	3,739,388	3,709,889	3,690,224	3,676,621	3,653,014	3,627,134
Short-term loans	1,355,997	1,351,543	1,322,411	1,353,748	1,350,546	1,304,720	1,282,542	1,296,068	1,281,482	1,280,524	1,283,438	1,282,094	1,279,934
Long-term loans	2,598,114	2,579,351	2,559,342	2,524,196	2,506,818	2,492,981	2,474,192	2,443,320	2,428,407	2,409,701	2,393,184	2,370,919	2,347,200
Equity and investment fund shares2	11,221,649	11,954,489	11,556,515	11,304,586	11,643,978	11,422,360	11,934,992	11,659,274	12,615,011	11,799,082	11,128,171	11,844,564	11,695,844
Listed shares	2,382,390	2,563,760	2,478,290	2,423,713	2,515,766	2,469,452	2,593,786	2,533,861	2,762,952	2,576,048	2,447,098	2,641,632	2,661,524
Unlisted shares and other equity	8,839,259	9,390,729	9,078,224	8,880,873	9,128,211	8,952,908	9,341,206	9,125,412	9,852,058	9,223,034	8,681,073	9,202,932	9,034,320
Other accounts receivable or payable1	1,461,686	1,431,517	1,422,497	1,413,241	1,407,937	1,378,182	1,358,960	1,346,554	1,330,733	1,349,966	1,366,846	1,340,591	1,330,629
Trade credits and advances	1,242,284	1,216,728	1,196,394	1,183,567	1,174,746	1,149,794	1,118,242	1,107,391	1,084,773	1,068,919	1,062,202	1,055,658	1,049,552
Financial assets, outstanding amounts1
Total5	14,935,832	15,514,063	15,100,036	14,816,822	15,015,260	14,757,168	14,970,896	14,690,719	15,325,030	14,639,133	13,977,741	14,485,619	14,298,291
Currency and deposits	913,751	926,488	893,542	883,455	885,830	908,440	887,433	901,443	903,797	926,340	906,355	907,885	931,515
Debt securities	205,558	212,779	217,877	212,374	211,060	203,688	195,386	195,999	194,661	184,633	188,209	180,391	170,481
Loans	2,616,465	2,571,222	2,544,141	2,513,203	2,486,404	2,467,546	2,434,995	2,413,608	2,395,382	2,362,332	2,363,345	2,333,373	2,301,190
Equity and investment fund shares3	9,097,461	9,626,493	9,326,384	9,108,065	9,337,442	9,118,477	9,433,586	9,190,055	9,881,423	9,200,288	8,572,518	9,106,540	8,970,622
Listed shares	647,278	772,821	790,253	802,549	873,305	892,827	940,286	925,877	1,035,852	960,924	886,065	989,607	993,400
Unlisted shares and other equity	8,135,094	8,554,845	8,224,668	8,011,431	8,178,304	7,950,529	8,227,027	8,006,369	8,574,280	7,999,604	7,453,600	7,886,503	7,747,439
Investment fund shares	315,089	298,827	311,463	294,085	285,833	275,121	266,272	257,809	271,292	239,760	232,854	230,431	229,783
Other accounts receivable or payable1	2,036,237	2,117,095	2,055,018	2,037,085	2,029,609	1,996,726	1,959,514	1,926,579	1,886,742	1,906,090	1,886,832	1,886,610	1,857,602
Trade credits and advances	1,158,218	1,150,874	1,115,036	1,104,682	1,096,103	1,094,866	1,069,150	1,052,615	1,030,753	1,025,006	1,015,322	1,013,164	1,005,177
Net incurrence of liabilities (quarterly flows)1
Total3	88,335	68,846	48,438	71,463	107,930	72,429	51,676	81,454	61,387	82,775	76,626	80,406	59,964
Debt securities	8,447	-3,620	16,194	14,913	2,169	-7,727	-3,421	18,845	-1,826	5,328	7,482	3,121	-2,589
Loans2	12,312	50,160	3,281	28,677	68,662	34,628	21,858	28,627	19,534	14,941	22,868	26,833	44,801
Short-term loans	-7,365	29,226	-32,193	9,404	52,743	15,372	-9,926	13,367	-496	-3,086	-831	2,682	27,303
Long-term loans	19,677	20,934	35,475	19,272	15,920	19,255	31,784	15,260	20,030	18,027	23,699	24,151	17,497
Equity and investment fund shares	40,623	13,932	15,148	22,831	8,008	24,963	20,081	19,176	24,991	68,177	26,007	37,359	10,770
Private sector debt3
Non-financial corporations5
Debt, % of GDP	75.4	75.21	75.29	74.35	74.36	74.94	75.02	75.51	75.21	76.44	77.19	77.6	79.02
Debt net of cash holdings, % of GDP	40.02	40.43	40.27	39.88	39.94	40.1	40.2	39.66	39.2	40.14	40.27	40.16	40.32
Outstanding debt2	2,268.62	2,252.6	2,242.75	2,206.16	2,194.79	2,200.77	2,191.89	2,187.02	2,162.17	2,169.13	2,156.11	2,131.92	2,129.55
Loans	1,528.28	1,518.23	1,510.64	1,488.52	1,483.08	1,484.05	1,479.5	1,468.04	1,460.03	1,462.61	1,458.71	1,441.93	1,441.4
Debt securities at nominal value	740.34	734.37	732.11	717.65	711.7	716.72	712.4	718.98	702.14	706.53	697.4	689.99	688.15
Share of loans in debt	67.4	67.1	67	67.5	67.6	67.2	67.1	67.2	67.5	67.2	67.3	67.6	67.7
Debt flows over the last four quarters	197.8	134.4	108.27	56.24	54.86	108.21	81.64	93.51	47.53	58.97	88.27	85.99	141.82
Households4
Debt, % of GDP	58.75	58.91	59.15	59.23	59.47	59.64	59.8	60.31	60.88	61.7	62.76	63.78	64.85
Debt, % of gross disposable income	90.35	90.49	90.46	90.18	90.24	90.25	90.65	91.69	93.02	94.49	96.08	97.93	99.93
Outstanding debt	1,767.56	1,764.45	1,761.82	1,757.57	1,755.45	1,751.57	1,747.17	1,746.74	1,750.22	1,750.9	1,753.04	1,752.19	1,747.59
Debt flows over the last four quarters	14.77	16.6	17.62	13.79	7.39	2.85	-1.9	-1.96	6.14	20.01	34.04	53.46	73.29
Private non-financial sector2
Debt, % of GDP	134.15	134.12	134.44	133.58	133.83	134.58	134.82	135.82	136.1	138.14	139.95	141.39	143.87
Outstanding debt	4,036.19	4,017.04	4,004.57	3,963.73	3,950.23	3,952.34	3,939.06	3,933.75	3,912.39	3,920.04	3,909.15	3,884.11	3,877.15
Other financial institutions3
Vis-à-vis the rest of the world1
Net financial assets2	1,687,544	1,671,231	1,607,926	1,591,728	1,533,708	1,537,884	1,466,778	1,414,574	1,362,813	1,342,853	1,284,747	1,306,323	1,279,570
Financial assets	2,974,944	2,904,593	2,859,378	2,802,560	2,771,171	2,663,407	2,610,417	2,494,011	2,451,909	2,239,039	2,219,374	2,218,421	2,201,312
Liabilities	1,287,400	1,233,362	1,251,452	1,210,832	1,237,463	1,125,523	1,143,639	1,079,437	1,089,096	896,186	934,627	912,098	921,742
Vis-à-vis the domestic economy1
Net financial assets, all resident sectors5	-1,808,191	-1,768,372	-1,734,071	-1,736,764	-1,675,859	-1,662,275	-1,626,463	-1,586,907	-1,545,159	-1,523,006	-1,462,535	-1,472,393	-1,403,561
Assets on monetary financial institutions (MFIs)	917,423	910,173	892,979	895,024	880,201	837,485	842,647	825,446	804,848	788,922	742,164	729,743	748,939
Liabilities to MFIs	877,051	853,661	821,246	845,583	805,920	771,749	733,761	726,884	689,636	698,339	674,625	666,523	636,395
Net financial assets on general government2	211,587	199,355	215,535	208,960	207,175	187,737	186,463	175,535	181,112	204,035	207,346	222,251	238,243
Assets on general government	374,952	366,642	380,350	374,820	370,803	351,260	348,004	336,385	342,634	358,352	357,954	370,932	382,117
Liabilities to general government	163,365	167,287	164,815	165,860	163,628	163,523	161,541	160,850	161,522	154,317	150,608	148,681	143,874
Assets on non-financial corporations, households and NPISHs	1,195,827	1,212,271	1,174,965	1,152,488	1,138,352	1,126,659	1,122,012	1,103,031	1,119,105	1,062,322	1,034,114	1,052,199	1,019,813
Liabilities to non-financial corporations, households and NPISHs	3,255,977	3,236,511	3,196,304	3,147,653	3,095,667	3,042,408	3,043,824	2,964,035	2,960,588	2,879,946	2,771,533	2,810,062	2,774,160
Equity and investment fund shares issued (liabilities, all counterparties)	2,580,723	2,609,107	2,539,405	2,494,677	2,433,395	2,360,057	2,332,354	2,258,934	2,272,282	2,152,059	2,064,178	2,105,414	2,082,668

Latest reading

Total stood at 17,368,743 EUR million in Q1 2026. That is −3.8% from Q4 2025 and −1.4% from a year earlier. The series on this page is quarterly and runs from Q4 1995 to Q1 2026. Source: Banque de France – Webstat (webstat.banque-france.fr).

Latest: 17,368,743 EUR million; Q1 2026
vs previous period: −3.8%; Q4 2025
vs a year earlier: −1.4%

About this data

France corporate financial accounts and private debt are published quarterly by the Banque de France. The dataset includes outstanding financial assets and liabilities of non-financial corporations and other financial institutions. It also tracks private sector debt as a percentage of GDP and gross disposable income, with quarterly flows since 1995.

Frequently asked questions

What do the France corporate financial accounts measure?: They measure the outstanding financial assets and liabilities of French non-financial corporations and other financial institutions, alongside quarterly flows of net incurrence of liabilities.
How is French private sector debt represented in this table?: French private sector debt is shown as outstanding debt in euros, as a percentage of GDP, and as a percentage of gross disposable income, including debt flows over the last four quarters.
What is the source of the France corporate financial accounts data?: The data is compiled and published quarterly by the Banque de France through its Webstat portal, reflecting official national financial accounts.
How far back does the France private sector debt dataset go?: The quarterly series for French corporate financial accounts and private sector debt are available starting from 1995 and are updated with each new release.