France's Central Government Debt (% of GDP), 1990-2022

France's Central Government Debt (% of GDP), 1990-2022

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TGM StatBox. (2024). France's Central Government Debt (% of GDP), 1990-2022. TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: France
Published date: 2024
Note: The Central Government Debt (Percent of GDP) by the International Monetary Fund (IMF) refers to the total debt owed by a country's central government as a percentage of its Gross Domestic Product (GDP).
Key Takeaways
France's government debt grew steadily from 26.16% in 1990 to 49.93% in 1998, reflecting increasing public spending and economic challenges. The global financial crisis caused a sharp increase, with the debt jumping from 55.25% in 2008 to 67.05% in 2009.

In subsequent years, debt continued to rise due to stagnant growth and high public spending, peaking at 93.38% in 2020 as the government implemented pandemic-related fiscal measures. Despite this, by 2022, the debt ratio stabilized at 92.15%, reflecting moderate fiscal consolidation efforts amidst persistent economic pressures.

For additional information, visit statistics on France’s net lending/borrowing overview, urbanization rate in France, France’s annual GDP growth rate.

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