France government debt and debt holders
France government debt and financial accounts are published quarterly by INSEE and Banque de France.
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Quarterly Maastricht debt for General Government - Deposits | 42.9 | 42.7 | 44.7 | 41.8 | 38.6 | 41.5 | 41.7 | 40.6 | 37.8 | 41.3 | 42.1 | 41 | 39.8 | |
| Quarterly Maastricht debt for General Government - Credits | 322.3 | 321.6 | 315.2 | 310.7 | 309.2 | 311.8 | 301.1 | 299.5 | 303.9 | 301.7 | 298.7 | 300.7 | 302.7 | |
| Quarterly Maastricht debt for General Government - Overall - % of GDP | 117.5 | 115.7 | 117 | 115.2 | 113.4 | 112.6 | 113.1 | 111.6 | 110 | 109.5 | 110.8 | 111.2 | 112.1 | |
| Quarterly Maastricht debt for General Government - Short-term bonds | 282.7 | 270.9 | 271 | 272.1 | 259.9 | 260.8 | 253.8 | 243.6 | 223.8 | 202 | 195.1 | 194.1 | 189.6 | |
| Quarterly Maastricht debt for General Government - State | 2,889 | 2,822.7 | 2,845.3 | 2,787.2 | 2,722.9 | 2,686.5 | 2,687.8 | 2,629 | 2,559.9 | 2,516.2 | 2,514.4 | 2,470 | 2,413.9 | |
| Quarterly net debt for General Government - Overall | 3,301.1 | 3,245.5 | 3,237.4 | 3,175.7 | 3,120.3 | 3,067.8 | 3,039.1 | 2,978.9 | 2,912.9 | 2,873.8 | 2,860.1 | 2,799.3 | 2,741.8 | |
| IMF gross debt for General Government - Insurance, pensions, and standardized guarantee schemes (F6) | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | |
| Quarterly Maastricht debt for General Government - Other central government bodies | 69.3 | 69 | 69.2 | 68.5 | 69.5 | 69.6 | 68.2 | 68.1 | 72.9 | 73 | 71.1 | 72.6 | 73.9 | |
| IMF gross debt for General Government - Other accounts payable (F8) | 241.9 | 249.8 | 227.2 | 243.1 | 225.4 | 240.6 | 243.3 | 244.3 | 250.7 | 285.5 | 272.7 | 267.6 | 287.4 | |
| IMF gross debt for General Government - Special drawing rights (F12) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Quarterly Maastricht debt for General Government - Overall | 3,536.1 | 3,460.5 | 3,484.1 | 3,417.2 | 3,346.3 | 3,306.1 | 3,303 | 3,232.4 | 3,163 | 3,103.2 | 3,095.8 | 3,055.9 | 3,021.1 | |
| Quarterly Maastricht debt for General Government - Long-term credits | 304.6 | 307.4 | 295.3 | 294.2 | 295.1 | 298.5 | 290.5 | 289.2 | 289.6 | 291.4 | 286.7 | 288.5 | 289.4 | |
| Quarterly Maastricht debt for General Government - Short-term credits | 17.7 | 14.1 | 19.9 | 16.5 | 14.1 | 13.3 | 10.5 | 10.3 | 14.3 | 10.3 | 12 | 12.3 | 13.4 | |
| Quarterly Maastricht debt for General Government - Long-term bonds | 2,888.1 | 2,825.3 | 2,853.1 | 2,792.5 | 2,738.6 | 2,692.1 | 2,706.6 | 2,648.6 | 2,597.4 | 2,558.3 | 2,559.8 | 2,520.1 | 2,489 | |
| IMF gross debt for General Government - Total in foreign currency | 99 | 93.5 | 109 | 105.4 | 93 | 93.3 | 98.4 | 89.1 | 87.5 | 81.4 | 76.6 | 77.6 | 86 | |
| General government holdings of quoted shares and mutual fund shares - Overall | 314.7 | 318.3 | 309.4 | 299.2 | 293.9 | 277 | 271.5 | 263.4 | 275.1 | 256.5 | 242.7 | 247.2 | 287.1 | |
| IMF gross debt for General Government - Total | 3,818 | 3,746.5 | 3,752.2 | 3,699 | 3,626 | 3,597.8 | 3,602.7 | 3,533.2 | 3,485.9 | 3,457.3 | 3,445.4 | 3,400.4 | 3,402 | |
| IMF gross debt for General Government - Total in domestic currency | 3,679.7 | 3,617.5 | 3,603 | 3,555.6 | 3,479.5 | 3,454.1 | 3,448.7 | 3,388.3 | 3,327 | 3,308 | 3,292.6 | 3,246.6 | 3,223.1 | |
| Quarterly Maastricht debt for General Government - Securities other than shares and other equity | 3,170.8 | 3,096.2 | 3,124.1 | 3,064.6 | 2,998.5 | 2,952.9 | 2,960.3 | 2,892.2 | 2,821.3 | 2,760.3 | 2,755 | 2,714.2 | 2,678.5 | |
| Quarterly Maastricht debt for General Government - Social security funds | 301.2 | 293.1 | 306 | 298.4 | 290.7 | 287.4 | 293 | 283.8 | 279.7 | 265.5 | 266.1 | 268.9 | 289.2 | |
| Quarterly Maastricht debt for General Government - Local government | 276.5 | 275.7 | 263.5 | 263.1 | 263.2 | 262.6 | 254.1 | 251.5 | 250.5 | 248.5 | 244.3 | 244.5 | 244.1 | |
| Government financial accounts4 | ||||||||||||||
| General government2 | ||||||||||||||
| Central government2 | ||||||||||||||
| Local government2 | ||||||||||||||
| Social security funds2 | ||||||||||||||
| Debt by holder and maturity3 | ||||||||||||||
| Debt by holder2 | ||||||||||||||
| Debt by instrument1 | ||||||||||||||
| Government financial operations2 |
Latest reading
The latest reading is 3,536.1 EUR billion, for Q1 2026. That is +2.2% from Q4 2025 and +5.7% from a year earlier. The series on this page is quarterly and runs from Q4 1995 to Q1 2026.
- Latest
- 3,536.1 EUR billion
- Q1 2026
- vs previous period
- +2.2%
- Q4 2025
- vs a year earlier
- +5.7%
About this data
France government debt and financial accounts are published quarterly by INSEE and Banque de France. The dataset tracks quarterly Maastricht debt for general government, including breakdowns by sub-sector like state, local government, and social security funds. It also details government financial assets and liabilities, alongside public debt held by non-residents. Quarterly series are available since 1995, expressed in millions of euros and as a percentage of GDP.
Frequently asked questions
- What is the Maastricht debt in France?
- Maastricht debt in France is the official measure of gross public debt for general government, calculated according to European Union rules. It includes liabilities in deposits, debt securities, and loans.
- Who publishes France government debt statistics?
- France government debt statistics are compiled and published quarterly by INSEE, with additional financial account details provided by the Banque de France.
- What breakdowns are available for French public debt?
- French public debt is broken down by sub-sector (state, local government, and social security funds), by instrument (short-term and long-term bonds, credits), and by resident versus non-resident holders.
- How far back does the quarterly France government debt data go?
- Quarterly Maastricht debt and financial accounts for France are available in this dataset starting from the first year of 1995, expressed in euros and as a percentage of GDP.
