Flag of fr

France Current Account to GDP Ratio

France's current account to GDP ratio improved to 0.1% in 2024. This is the highest ratio since 2021. The ratio was -1% in 2023. The improvement is due to a lower energy bill and a smaller deficit in goods excluding energy. A surplus in services, especially tourism and financial services, also helped. The primary income surplus increased. France's record low current account to GDP was -2.1% in 1982 and record high was 3.4% in 1999.

Yearly Historical Data (1980-2024)

(in %)
Year Current Account to GDP Ratio
2024 0.1%
2023 -1%
2022 -1.2%
2021 0.3%
2020 -2.1%
2019 0.6%
2018 -0.7%
2017 -0.5%
2016 -0.5%
2015 -0.3%
2014 -0.9%
2013 -0.5%
2012 -1%
2011 -0.9%
2010 -0.6%
2009 -0.6%
2008 -0.7%
2007 -0.1%
2006 0.3%
2005 0.1%
2004 0.5%
2003 0.8%
2002 1.1%
2001 1.6%
2000 1.1%
1999 3.4%
1998 2.6%
1997 2.7%
1996 1.2%
1995 0.5%
1994 0.5%
1993 0.7%
1992 0.3%
1991 -0.5%
1990 -0.8%
1989 -0.5%
1988 -0.5%
1987 -0.5%
1986 0.3%
1985 -0.1%
1984 -0.1%
1983 -0.9%
1982 -2.1%
1981 -0.8%
1980 -0.6%
France Current Account to GDP Ratio : Definition
France's current account to GDP measures its net international transactions, expressed as a percentage of its gross domestic product. It's calculated by dividing the current account balance by GDP. The current account includes trade in goods & services, net income and current transfers. A positive value indicates a surplus, a negative indicates a deficit.
Indicator Last Value Prior Value Period
Debt to GDP Ratio 113% 110% Dec'24
Private Credit (% GDP) 107.53% 112.73% 2024