2011 general-government accounts

In 2011, France posted a public deficit of €103.1 billion, or 5.2% of GDP. This represents a €33.9-billion decrease from 2010, reflecting buoyant revenue growth and a modest decline in spending. As a share of GDP, public revenues rose 1.4 points and public spending eased 0.6 points. The largest reductions in the public deficit concerned central government and social-security agencies. The ratio of compulsory contributions (taxes and other levies) to GDP rose 1.4 points to 43.9%. The public-debt burden rose 3.7 points to 86.0% of GDP.