French finance ministry expects record debt in 2026, reaching nearly 120% of GDP ↧ ↧ French finance ministry expects record debt in 2026, reaching nearl... France's debt is expected to reach a ​record high of 119.3% of output in 2026, ‌with a projected debt-to-GDP ratio of 121.7% in 2027, the finance ministry said on Saturday, in the latest indication of the country's ​deteriorating public finances.