Net lending (+) / net borrowing (-) in France
France: Net lending (+) / net borrowing (-) was -152.93 billion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in France, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
France recorded -152.93 billion current LCU for net lending (+) / net borrowing (-) in 2024.
That represents a change of down 7.5% on the previous year and down 64.8% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in France peaked at 2.94 billion current LCU in 1974 and was at its lowest, -203.23 billion current LCU, in 2020.
France ranks 108th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in France, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 2.20 billion current LCU | — |
| 1973 | 2.87 billion current LCU | +30.6% |
| 1974 | 2.94 billion current LCU | +2.7% |
| 1975 | -2.88 billion current LCU | -197.9% |
| 1976 | 1.66 billion current LCU | -157.7% |
| 1977 | 106.71 million current LCU | -93.6% |
| 1978 | -3.73 billion current LCU | -3600.0% |
| 1979 | -350.63 million current LCU | -90.6% |
| 1980 | 2.30 billion current LCU | -756.5% |
| 1981 | -5.98 billion current LCU | -359.6% |
| 1982 | -10.90 billion current LCU | +82.4% |
| 1983 | -15.29 billion current LCU | +40.3% |
| 1984 | -16.14 billion current LCU | +5.6% |
| 1985 | -18.00 billion current LCU | +11.5% |
| 1986 | -19.16 billion current LCU | +6.4% |
| 1987 | -14.13 billion current LCU | -26.3% |
| 1988 | -12.91 billion current LCU | -8.6% |
| 1989 | -10.14 billion current LCU | -21.5% |
| 1990 | -14.74 billion current LCU | +45.4% |
| 1991 | -20.21 billion current LCU | +37.1% |
| 1992 | -39.94 billion current LCU | +97.6% |
| 1993 | -63.33 billion current LCU | +58.5% |
| 1994 | -64.93 billion current LCU | +2.5% |
| 1995 | -58.14 billion current LCU | -10.4% |
| 1996 | -47.58 billion current LCU | -18.2% |
| 1997 | -49.25 billion current LCU | +3.5% |
| 1998 | -34.74 billion current LCU | -29.5% |
| 1999 | -24.31 billion current LCU | -30.0% |
| 2000 | -20.41 billion current LCU | -16.0% |
| 2001 | -22.49 billion current LCU | +10.2% |
| 2002 | -51.44 billion current LCU | +128.7% |
| 2003 | -66.53 billion current LCU | +29.3% |
| 2004 | -57.33 billion current LCU | -13.8% |
| 2005 | -58.22 billion current LCU | +1.5% |
| 2006 | -44.98 billion current LCU | -22.7% |
| 2007 | -49.66 billion current LCU | +10.4% |
| 2008 | -59.56 billion current LCU | +19.9% |
| 2009 | -136.38 billion current LCU | +129.0% |
| 2010 | -140.62 billion current LCU | +3.1% |
| 2011 | -107.90 billion current LCU | -23.3% |
| 2012 | -103.29 billion current LCU | -4.3% |
| 2013 | -96.43 billion current LCU | -6.6% |
| 2014 | -92.82 billion current LCU | -3.7% |
| 2015 | -85.25 billion current LCU | -8.2% |
| 2016 | -86.28 billion current LCU | +1.2% |
| 2017 | -78.47 billion current LCU | -9.1% |
| 2018 | -56.39 billion current LCU | -28.1% |
| 2019 | -55.68 billion current LCU | -1.3% |
| 2020 | -203.23 billion current LCU | +265.0% |
| 2021 | -164.26 billion current LCU | -19.2% |
| 2022 | -124.75 billion current LCU | -24.1% |
| 2023 | -142.22 billion current LCU | +14.0% |
| 2024 | -152.93 billion current LCU | +7.5% |
France compared with similar countries
- France's -152.93 billion current LCU is below the median for high income countries, which is -2.76 billion current LCU, 55.5× the median. (57 countries reporting)
- France's -152.93 billion current LCU is below the median for Europe & Central Asia, which is -6.97 billion current LCU, 21.9× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-) in France changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | -3600.0% | 106.71 million current LCU | -3.73 billion current LCU |
| 1980 | +756.5% | -350.63 million current LCU | 2.30 billion current LCU |
| 1981 | -359.6% | 2.30 billion current LCU | -5.98 billion current LCU |
| 2020 | -265.0% | -55.68 billion current LCU | -203.23 billion current LCU |
| 1975 | -197.9% | 2.94 billion current LCU | -2.88 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 350.63 million current LCU | -3.73 billion current LCU | 2.94 billion current LCU | 8 |
| 1980s | -12.04 billion current LCU | -19.16 billion current LCU | 2.30 billion current LCU | 10 |
| 1990s | -41.72 billion current LCU | -64.93 billion current LCU | -14.74 billion current LCU | 10 |
| 2000s | -56.70 billion current LCU | -136.38 billion current LCU | -20.41 billion current LCU | 10 |
| 2010s | -90.31 billion current LCU | -140.62 billion current LCU | -55.68 billion current LCU | 10 |
| 2020s | -157.48 billion current LCU | -203.23 billion current LCU | -124.75 billion current LCU | 5 |
Countries ranked near France
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Frequently asked questions
- What is net lending (+) / net borrowing (-) in France?
- Net lending (+) / net borrowing (-) in France was -152.93 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in France?
- The highest recorded value was 2.94 billion current LCU in 1974.
- What is the lowest net lending (+) / net borrowing (-) recorded in France?
- The lowest recorded value was -203.23 billion current LCU in 2020.
- How does France rank for net lending (+) / net borrowing (-)?
- France ranks 108th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in France?
- Over the last ten years it is down 64.8%. The long-run trend across the full record is volatile.
- Where does this France data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.