France vs India

France vs India: Government debt

Government debt: 115.5% of GDP in France in 2025 and 84.8% of GDP in India in 2024, by IMF estimates. In 2024 the value was higher in France, by 27.8 percentage points, or 1.33 times that in India.

% of GDP · IMF

France vs India: Government debtGovernment debt: 115.5% of GDP in France in 2025 and 84.8% of GDP in India in 2024, by IMF estimates. In 2024 the value was higher in France, by 27.8 percentage points, or 1.33 times that in India.
FranceIndiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • France has been higher since 2009, when it overtook India.
  • The IMF projection (World Economic Outlook, October 2026) puts France at 123.6% of GDP and India at 75.1% of GDP in 2031.

Every year

% of GDP · IMF

YearFranceIndia
2025115.584.3
2024112.684.8
2023109.584.8
2022111.484.4
2021112.885.5
2020114.990.4
201998.276.5
201898.571.6
201798.870.7
201698.269.8
20159769.7
201496.267.6
201394.668
201291.768.1
201188.868.7
201086.367.7
200984.172.7
200869.874.3
200765.575.4
200665.477.9
200568.282.4
200466.984.9
200365.485.9
200261.384.3
200159.380.1
200059.774.9
199961.471.3
199862.169.3
19976269
199660.667.1
199557.870.9
199451.674.8
199348.278.3
199241.778.8
199137.876.7
199036.8–
198935.5–
198834.7–
198734.8–
198632.4–
198531.9–
198430.2–
198327.7–
198226.2–
198122.7–
198021.3–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearFranceIndia
2026118.583.1
2027120.481.3
2028121.779.9
2029122.678.4
2030123.277
2031123.675.1

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

France vs India

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