2010 general-government accounts
In 2010, France posted a public deficit of €136.5 billion, or 7.1% of GDP. This represents a €6.0-billion decrease from 2009, reflecting a recovery in public revenues and slower spending growth. Central- and local-government deficits were down, while that of social-security agencies was up. Compulsory contributions rose 0.5 points from 42.0% of GDP in 2009 to 42.5% in 2010. As a share of GDP, public spending eased slightly from 56.7% to 56.6%. The public-debt burden rose 3.3 points to 82.3% of GDP.