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France social security funds liabilities: loans

France social security funds liabilities: loans stood at 40,694 EUR million in Q2 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Government debt and financial accounts table (Value · Quarterly), with a complete series running from Q4 1998 to Q2 2026. The complete series with an interactive chart, free to download.

Source: INSEE – Institut national de la statistique et des études économiques (BDM)Last updated: Curated by Bui Thanh Phuc
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This indicator in the Government debt and financial accounts table

IndicatorQ2-2026Q1-2026Q4-2025Q3-2025Q2-2025Q1-2025Q4-2024Q3-2024Q2-2024Q1-2024
Liabilities, consolidated outstanding amounts
Loans40,69437,85936,06142,28038,94336,88737,35134,56834,79134,969
Other accounts payable126,366112,691108,711115,387118,961101,993105,330115,464118,975125,657

Understanding france social security funds liabilities: loans

Bilateral borrowings, non-negotiable credit advances, and direct financing arrangements secured by statutory institutions administering social protection schemes from banks and financial intermediaries. This total measures credit received through formal loan contracts and financial leases, excluding marketable bonds, treasury bills, and accounts payable. Consolidation eliminates any loans extended between administrative units within the social security sub-sector.

Evaluating this liability metric requires awareness of credit agreement renewals and the timing of direct credit disbursements from financial institutions. Revisions frequently follow the receipt of detailed financial statements from specialized public lending bodies and commercial banks. Analysts comparing loan obligations with debt securities must account for differing amortization profiles and variable interest rate exposures. Observing year-on-year trends helps isolate deliberate financing strategies from seasonal fluctuations in treasury liquidity.

Frequently asked questions

From whom do social security institutions typically secure these loans?
Lenders include public financial institutions, commercial banks, and specialized official lending agencies.
Do these loan figures include trade credit liabilities?
No, trade credits and routine accounts payable are recorded under separate liability categories rather than loan obligations.
Why do loan balances get revised after the initial quarterly release?
Revisions occur when lenders and borrowers reconcile transaction records and submit finalized administrative data.

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