Government Budget Value

The Government Budget surplus or deficit which is the difference between government revenue and expenditure for a period of time. Government revenue for example include tax revenues net of transfer payments and government spending for example include interest payments on government debt. It is a useful indicator to identify whether the fiscal policy of a government is getting tighter or looser. If a government surplus increases it means the government might applies contractionary fiscal policy while an increase in government deficit the might mean that the government applies expansionary fiscal policy. This metric is reported on a monthly basis by France Ministere du Budget.

 French Government Budget Value

In Q1 2017 the deficit widened to €66.45 billion from the previous month which was at €57.92 billion which represents a change of 14.7%. This figure was at its historical lows of €-148.80 billion in Dec 2010 and at its highs of €-4.21 billion in Jan 2000.