Public debt stabilizes at record levels


It only increased at the end of June by 6.2 billion, to tangent 2,920 billion euros.

The bar of 3000 billion euros will wait a few more months before being crossed. In the second quarter, the French public debt only increased by 6.2 billion euros, to peak at 2916.8 billion. Compared to national wealth, it now represents no less than 113.3% of GDP, a rate that has fallen slightly over three months (it was 114.7% in the first quarter) due to the good resistance of activity .

For the record, French public debt amounted to 97.6% of GDP in 2019 before the health crisis broke out. At the time, the prospect of going beyond the symbolic 100% debt alone petrified the government…

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