French public debt to reach new record level in 2027, exceeding 120% of GDP
- Posted on September 19, 2026
- By Le Monde
- 2 Views
- 1 min read
In brief
France's fiscal trajectory faces mounting challenges as projected public debt is expected to surpass 120% of GDP by 2027, reaching unprecedented levels. The government's draft budget strategy relies heavily on tax increases as the primary mechanism to combat the expanding budget deficit. Despite these revenue-raising measures, the debt accumulation continues unabated, reflecting structural imbalances in the nation's public finances and raising concerns about long-term economic sustainability and fiscal stability.
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French public debt to reach new record level in 2027, exceeding 120% of GDP
The government submitted its draft budget bill to the High Council of Public Finances on Friday. The bill provides for new tax increases, which are set to be the main factor in reducing the budget deficit. The public debt, meanwhile, will continue to rise.
