France's government budget deficit widened to EUR 67.2 billion in January-April 2019 from EUR 54.3 billion in the same period last year. Government spending rose 2.2 percent to EUR 136.1 billion, while revenues plunged 25.1 percent to EUR 36.7 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 19.7 billion deficit in the first four months of the year, compared to a EUR 19.3 billion gap a year earlier. Government Budget Value in France averaged -48.62 EUR Billion from 1994 until 2019, 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 -58.00 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 207.00 in 12 months time. In the long-term, the France Government Budget Value is projected to trend around -65.00 EUR Billion in 2020, according to our econometric models.