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Will France's 2025 public deficit be 5.5% of GDP or lower?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Official reports from the French Ministry of Finance or Eurostat
Story
France Targets 2025 Deficit Between 5%-5.5% of GDP, Plans €50 Billion Savings
Jan 6, 2025, 07:56 AM
The French government aims to reduce its public deficit to between 5% and 5.5% of GDP by 2025, according to Finance Minister Eric Lombard and Budget Minister Amélie de Montchalin. Lombard stated that bringing the deficit down to 5% by 2025 would be too ambitious, emphasizing that the deficit 'will not significantly exceed 5%'. The government plans to achieve €50 billion in cost savings in 2025, primarily through spending cuts rather than new tax increases beyond those already announced, including a special tax on the biggest companies. Lombard reiterated that the 2024 deficit is projected to be around 6.1% of GDP and that they aim to reduce it progressively, targeting a deficit below 3% by 2029.
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Above 6% • 25%
5% or lower • 25%
Between 5% and 5.5% • 25%
Between 5.5% and 6% • 25%
Exactly 5.4% • 25%
Below 5.4% • 25%
Above 6% • 25%
Between 5.4% and 6% • 25%
Above 5% • 25%
3% to 5% • 25%
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1% to 3% • 25%
Another interim budget measure • 34%
2024 budget extension continues • 33%
New budget adopted • 33%
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Yes • 50%
Decrease by more than 2% • 25%
No significant change • 25%
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Decrease by 1-2% • 25%
Government survives without changes • 25%
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Government makes significant concessions • 25%
Government faces a successful motion of censure • 25%