The French budget deficit increased to EUR 87.1 billion in January-September of 2018 from EUR 76.3 billion in the corresponding period of 2017. Government spending rose 1.1 percent to EUR 291 billion from EUR 287.9 billion a year ago, while revenues decreased 2.7 percent to EUR 231.9 billion from EUR 238.3 billion. Meantime, the Treasury special accounts, which track the balance of inflows and outflows for targeted revenues and outlays, for example receipts from local government, posted a EUR 28.0 billion deficit in the first nine months of the year, compared to a EUR 26.6 billion gap in the same period of the previous year. Government Budget Value in France averaged -48.34 EUR Billion from 1994 until 2018, reaching an all time high of -4.21 EUR Billion in January of 2000 and a record low of -148.80 EUR Billion in December of 2010.
Government Budget Value in France is expected to be -67.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in France to stand at -73.00 in 12 months time. In the long-term, the France Government Budget Value is projected to trend around -62.00 EUR Billion in 2020, according to our econometric models.