Projection of General government net lending/borrowing for France
GGNLBPFRA188N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.14
Year-over-Year Change
6.10%
Date Range
1/1/2024 - 1/1/2030
Summary
The 'Projection of General government net lending/borrowing for France' measures France's fiscal balance as a percentage of GDP, indicating whether the government is running a budget surplus or deficit.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator provides insight into the overall financial health of the French government and its ability to manage public finances. It is closely watched by policymakers, investors, and economists to assess the sustainability of France's fiscal policies.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) as part of its World Economic Outlook projections.
Historical Context
Governments use this metric to guide fiscal policy decisions, while markets analyze it to evaluate France's creditworthiness and economic stability.
Key Facts
- France's fiscal balance as a percentage of GDP was -2.9% in 2022.
- The government's net borrowing position is projected to improve to -1.8% of GDP by 2024.
- France's fiscal deficit has declined from a high of -9.1% of GDP in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Projection of General government net lending/borrowing for France' measures the difference between the French government's total revenue and total expenditure as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing the sustainability of France's public finances and the government's ability to manage its budget. It provides insight into the country's fiscal health, which is important for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) as part of its World Economic Outlook projections.
Q: How is this trend used in economic policy?
A: Governments use this metric to guide fiscal policy decisions, while markets analyze it to evaluate France's creditworthiness and economic stability.
Q: Are there update delays or limitations?
A: The data is published twice a year as part of the IMF's World Economic Outlook releases, so there may be a delay of several months between the reporting period and the availability of the latest data.
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Citation
U.S. Federal Reserve, Projection of General government net lending/borrowing for France (GGNLBPFRA188N), retrieved from FRED.