France - Gross External Debt

France: Gross External Debt

Unit Mil. EUR, NSA
Adjustments Not Seasonally Adjusted
Quarterly 0.16 %
Data 2022 Q2 6,723,048
2022 Q1 6,733,568

Series Information

Source Bank of France
Release Gross External Debt
Frequency Quarterly
Start Date 3/31/2008
End Date 6/30/2022

France: Government

Reference Last Previous Units Frequency
Government Expenditures Jan 2023 34,490 445,672 Mil. EUR YTD, NSA Monthly
Government Revenues Jan 2023 18,139 287,477 Mil. EUR YTD, NSA Monthly
Gross External Debt 2022 Q2 6,723,048 6,733,568 Mil. EUR, NSA Quarterly
Outstanding Public Debt 2022 Q2 6,723,048 6,733,568 Mil. EUR, NSA Quarterly
Outstanding Public Debt - Domestic 2022 Q2 1,399,587 1,490,444 Mil. EUR, NSA Quarterly
Government Budget Balance 2021 -163,325 -207,733 Bil. EUR Annual

Release Information

The French external debt is the outstanding amount of the liability side of the French international investment position excluding equities and financial derivatives. The French external debt is compiled by the Banque de France according to the conceptual framework of the External Debt Statistics : Guide for Compilers and Users. The French external debt is broken down by institutional sector - general government, monetary authorities, monetary financial institutions (MFIs) and other sectors - , by maturity (short and long term on an original maturity basis) and by type of debt instrument (debt securities, trade credit, loans, currency and deposit). The French external debt data are classified according the standard components identified in the BPM6.

Quarterly/monthly stocks are collected for monetary authorities, MFIs, and partly for other sectors (trade credits) and for general government. The other quarterly stocks . debt securities, loans and deposits for non affiliated companies, intercompany lending for affiliated companies - are calculated by adding quarterly flows to the stock at the end of the previousreference period.

Debt securities : External debt data on portfolio investment cover bonds and notes and money market instruments. Stocks are compiled from an annual survey of resident banks which report notably on the portfolio held on behalf of their non-resident clients. A very limited number of firms report directly on money market instruments on a yearly basis.Data are also collected quarterly from clearing houses for public debt instruments.

Other investment : Quarterly stocks of monetary authorities are directly reported by the Banque de France. Stocks data of the general government sector are partly reported on a monthly basis by the reporting agencies and partly estimated with the balance flows. Quarterly stocks of monetary and financial institutions (MFIs) are derived from banks. and monetary mutual funds. balance sheets. For the other sectors, stocks are compiled from an annual survey of companies and flows are derived from the quarterly Balance of Payments. Stocks of trade credits are monthly reported by a sample of firms.

Intercompany lending : Data on inward direct investment stocks of other capital are collected through an annual survey. Flows are derived from the quarterly Balance of Payments.

Portfolio investment : The quarterly stock is an aggregation of the last stock plus the quarterly flows including the value of accrued interest, with stocks and flows both valued with an index.

Other investment : On a sectoral basis, quarterly stocks are available for monetary authorities, MFI and partly available for general government. In addition monthly stocks are available for trade credits. For the other components of the other investment, quarterly stocks are the result of an aggregation of stock plus quarterly flow.

Data are revised once a year in June when yearly data are available.

For more information, please visit the France - External Debt page from the IMF.