Government accounts in 2006 - Deficit and debt down

Oanh Duong Hoang, Éric Roque, Philippe Vial, direction générale du Trésor et de la politique économique Agathe Couture, direction générale de la Comptabilité publique Luc Brière, département des Comptes nationaux, Insee

In 2006, the deficit, as set out in the Maastricht treaty, went down by 5.3 billion Euros to 45.5 billion Euros. It went from 3.0 % of GDP in 2005 to 2.5 % in 2006. The improvement was mainly due to increased tax revenues. Local government finances continued on a downward trend. The overall tax burden went up by 0.4 of a point to 44.2 %. Public debt went up to 1,142 billion by the end of 2006; as a percentage of GDP it went down by 2.5 points to settle at 63.7 %.

Insee Première N° 1135
No 1135
Paru le : 15/05/2007