France vs United States

France vs United States: Government debt

Government debt in 2025: 115.5% of GDP in France and 124.4% of GDP in United States, by IMF estimates. In 2025 the value was higher in United States, by 8.9 percentage points, or 1.08 times that in France.

% of GDP · IMF

France vs United States: Government debtGovernment debt in 2025: 115.5% of GDP in France and 124.4% of GDP in United States, by IMF estimates. In 2025 the value was higher in United States, by 8.9 percentage points, or 1.08 times that in France.
FranceUnited StatesIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • United States has been higher since 2008, when it overtook France.
  • In 2025, France ranked 7 and United States ranked 6 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts France at 123.6% of GDP and United States at 145% of GDP in 2031.

Every year

% of GDP · IMF

YearFranceUnited States
2025115.5124.4
2024112.6122.3
2023109.5120
2022111.4119.2
2021112.8125
2020114.9132.6
201998.2108.8
201898.5107.7
201798.8106.5
201698.2107.5
201597105.5
201496.2105
201394.6105
201291.7103.7
201188.8100
201086.395.7
200984.187.1
200869.873.9
200765.565
200665.464.6
200568.265.8
200466.966.4
200365.459
200261.355.9
200159.353.5
200059.7–
199961.4–
199862.1–
199762–
199660.6–
199557.8–
199451.6–
199348.2–
199241.7–
199137.8–
199036.8–
198935.5–
198834.7–
198734.8–
198632.4–
198531.9–
198430.2–
198327.7–
198226.2–
198122.7–
198021.3–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearFranceUnited States
2026118.5126.8
2027120.4128.7
2028121.7132.3
2029122.6136.4
2030123.2140.7
2031123.6145

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 United States

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