Trends in France for achieving the Agenda 2030 sustainable development goals (SDG)

SDG17 – Partnerships for the Goals

Total official development assistance (ODA) grant equivalent (as a % of gross national income - GNI)
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+0.1 points from 2018 to 2022

0.56% of GNI
Favourable
Chart data: Total official development assistance (ODA) grant equivalent (as a % of gross national income - GNI)
Year Value
2018 0,43
2019 0,44
2020 0,53
2021 0,51
2022 0,56

Note: provisional 2022 data

Official development assistance represented 0.56% of France’s gross national income in 2022 (amounting to €15.1 billion). This proportion has risen considerably compared to 2018, when it stood at 0.43% (€10.3 billion), in line with the President of the French Republic’s commitment to reaching the target of 0.55% of GNI by 2022. These efforts made France the 4th largest donor worldwide in terms of amount and 10th in terms of percentage of GNI in 2022.


Bilateral official development assistance (ODA)
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+72.4% from 2016 to 2021

USD 12,805.0 million
Favourable
Chart data: Bilateral official development assistance (ODA)
Year Value
2016 7 426,00
2017 8 645,90
2018 9 542,70
2019 9 660,20
2020 13 760,80
2021 12 805,00

In 2021, France’s bilateral official development assistance (ODA) comprised 64.8% in the form of donations (5.1 billion euros) and 35.2% in the form of loans (2.8 billion euros). Expressed in gross amounts, including all public loans to developing nations, beyond ODA strictly speaking, the ratio has reversed: 56.3% loans and 43.7% donations. Included in the recorded contributions to official development assistance is the support for refugees from developing countries arriving on French soil (for one year), free higher education for some students from these countries, the cost of certain peacekeeping operations, and some cases of debt cancellation. In 2022, France’s bilateral commitment represented 60% of its total ODA. This objective is among the targets set by the planning act of 4 August 2021, which sets the bilateral component of French official development assistance at an average of 65% of total ODA for the 2022-2025 period.


Financial soundness
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+1.43 points from 2017 to 2022

16.84%
Favourable
Chart data: Financial soundness
Year Value
2017 15,41
2018 15,56
2019 15,98
2020 17,05
2021 16,94
2022 16,84

In 2022, the price hikes reached 9.2% on average for the euro zone. According to INSEE, average consumer price inflation stood at 5.2% in France in 2022 and 4.9% in 2023, versus 1.6% in 2021, a level that is far too high and above the inflation target Growth was steady in 2022 in keeping with the post-Covid upsurge (+2.5%). Activity slowed in the second half of the year, but growth was positive for the overall year 2022. Housing saving ratio remained very high in 2022 and early 2023, despite the rise in inflation. French businesses reported very solid results in 2022, despite tensions in the second half of the year. Their annual profit margin stabilised at 31.7% in 2022, in keeping with the level observed prior to the pandemic. The rate of bank loans for businesses was dynamic throughout 2022, with large businesses offsetting market debt with bank credit. French banks and insurers are in a solid financial and prudential position: the solvency ratio of the six main banking groups is close to record highs, reaching 14.5% at the end of September 2022, and that of insurers increased in the first half of 2022 to reach 263%.


Public debt (Maastricht definition, as a % of gross domestic product - GDP)
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+13.7 points from 2017 to 2022

111.8% of GDP
Unfavourable
Chart data: Public debt (Maastricht definition, as a % of gross domestic product - GDP)
Year Value
2017 98,10
2018 97,80
2019 97,40
2020 114,60
2021 112,90
2022 111,80

France remains one of the most heavily indebted countries in the euro zone and the European Union. Public debt for 2022 stood at 4.8%, versus 6.6% in 2021. The debt of public administrations (Maastricht definition) reached 111.8% at the end of 2022 (it stood at 97.9% of GDP in 2019 prior to the Covid-19 pandemic). Spending increased by 4% in 2022. However, in relation to GDP, spending continued to decline and stood at 59.6% in 2021 and 58.8% in 2022. However, it remains noticeably higher than pre-Covid levels (55.2% of GDP in 2019). Public debt in France remains high despite debt reduction efforts.


Private debt (as a % of gross domestic product - GDP)
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+18.9 points from 2017 to 2022

163.1% of GDP
Unfavourable
Chart data: Private debt (as a % of gross domestic product - GDP)
Year Value
2017 144,20
2018 147,50
2019 152,30
2020 173,30
2021 166,80
2022 163,10

At the end of 2022, the non-financial private sector debt ratio of the euro zone stood at 117% of GDP, down 5.1 points versus the end of 2021 (after -4.3 points in 2020). Household debt in France was considerably below the European average in 2012: 54% versus 61%. In 2021, there was a sharp increase and it stood at 66% versus 58%. In 2022, the French ratio reached 163,1% of GDP.


Source: INSEE, Dashboard of national indicators for monitoring the Sustainable Development Goals – published February 2024. Statistics processed by SDES (ministerial Statistical Data and Studies Department) - Only available in French. (Insee, Tableau de bord des indicateurs pour le suivi national des objectifs de développement durable - paru en février 2024. Traitements SDES)

*Change: since the latest available value, change over a period of 5 years (longer or shorter depending on data availability).

**Latest value: value corresponding to the last year of the trend graph.

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