The national accounts in 2024 National accounts - 2020 Base
Public finances in 2024 National accounts - 2020 Base
The "Public finances" item introduces the leading indicators published by Insee relating to the general government accounts. It aims at satisfying the growing interest of a large audience for information on this topic (political decision makers, international organizations...). Its implementation follows the recommendations of the IMF formulated in a quality audit run in 2003.
Warning: In the context of the notification of general government debt and deficit to the European Commission, the annual accounts are updated each year at the end of August to incorporate the final social security accounting data not available for the April 1 notification, as well as revisions that may affect general government account. This update will be carried out with the publication of the detailed results of the quarterly accounts for the second quarter.
tableauMain aggregates of the general government accounts in % of GDP
| Titles | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Expenditure | 56.4 | 55.3 | 61.7 | 59.5 | 58.4 | 56.9 | 57.2 |
| Expenditure excluding imputed items (1) | 51.8 | 51.7 | 57.9 | 55.9 | 54.9 | 53.4 | 53.7 |
| Receipts | 54.0 | 53.0 | 52.8 | 52.9 | 53.7 | 51.5 | 51.4 |
| Receipts excluding imputed items (1) | 49.5 | 48.5 | 48.6 | 49.1 | 49.9 | 48.0 | 47.9 |
| Deficit according to the Maastricht definition | 2.3 | 2.4 | 8.9 | 6.6 | 4.7 | 5.4 | 5.8 |
| Debt according to the Maastricht definition (2) | 98.6 | 98.2 | 114.9 | 112.8 | 111.4 | 109.8 | 113.2 |
| Net debt (3) | 89.4 | 89.0 | 101.6 | 100.5 | 101.1 | 101.6 | 104.9 |
| Compulsory levies (4) | 44.9 | 44.0 | 44.3 | 44.2 | 45.0 | 43.2 | 42.8 |
| of which levies of the European Union | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.1 |
- (1) The expenditure and receipts of the general government exclude the imputed socials contributions, tax credits and output produced for own final use.
- (2) Debt according to the Regulation no 3605 of the European Commission.
- (3) The general government net debt is defined as the difference between the general government debt according to the Maastricht definition and the deposits, loans and securities (excluding shares) held by the general government over the other sectors.
- (4) Excluding imputed social contributions, tax credits and output produced for own final use.
- Source: National accounts Insee - base 2020
Avertissement
Methodology of the annual accounts
The main revisions to the annual national accounts published on May 28, 2025, compared with the previous year's publication (May 31, 2024) and the latest publication of quarterly accounts (first estimate for the first quarter of 2025, published on April 30, 2025) are summarized in this note (in French).
Since May 31, 2024, INSEE has been publishing the national accounts in base 2020. All the changes brought about by this change of base are described in the file "Les comptes passent en base 2020 (in French)", which refers to methodological sheets providing additional information on specific points of national accounting.