France's Public Debt Hits Record 119% of GDP, Surpassing Covid-Era Peak

France's public debt reached 3.5955 trillion euros by the end of June 2026, equivalent to 119% of its GDP, according to data from Insee released on September 29. This figure marks a new record, surpassing the peak observed during the Covid-19 pandemic. The debt increased by 59.6 billion euros over the three-month period, with the central government accounting for 53 billion euros of this growth. The current ratio represents a 3.8 percentage point increase compared to June 2025.