The French public deficit came in at €169.6 billion in 2024, 5.8% of GDP, as revenues accelerated and spending did not grow as much as in the previous year. That’s according to the French statistics office INSEE’s first account of the public finances for last year, subject to revision in May.
Minister of the Economy Eric Lombard attributed the result to "very tight spending by Michel Barnier's government" at the end of the year, as well as "slightly" better-than-expected revenues in recent weeks, in an interview with France Inter radio.
