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Economy of France vs Slovakia compared: GDP & Debt

Updated on by Georank team

France has a GDP of $3.16T compared to $141B for Slovakia, ranking 7/197 and 61/197 by economy size, respectively.

France has $3.58T in government debt (113.1% of GDP), compared to $80.7B (57.2% of GDP) in Slovakia.

France vs Slovakia GDP by year

France
Slovakia
1x
Year GDP, current $
France Slovakia
2024 $3,160,442,622,465 $140,934,076,532
2023 $3,056,250,648,138 $133,578,518,424
2022 $2,794,788,137,067 $115,792,972,358
2021 $2,966,433,692,008 $120,511,265,913
2020 $2,647,926,055,110 $107,732,602,896
2019 $2,722,793,515,172 $105,843,498,304
2018 $2,781,576,320,884 $106,611,673,365
2017 $2,588,868,323,335 $95,978,130,735
2016 $2,470,407,619,777 $90,347,173,229
2015 $2,442,483,452,643 $89,178,548,717
2014 $2,861,236,112,552 $101,713,075,599
2013 $2,816,077,607,875 $99,134,277,850
2012 $2,683,007,095,787 $94,724,394,278
2011 $2,870,408,553,990 $99,705,104,723
2010 $2,646,230,027,988 $91,112,160,801
2009 $2,700,075,882,519 $89,342,984,698
2008 $2,926,802,941,586 $100,830,060,553
2007 $2,655,816,911,867 $86,587,749,518
2006 $2,317,861,544,691 $70,751,813,443
2005 $2,192,146,403,028 $62,547,753,148
2004 $2,109,792,297,237 $57,215,475,076
2003 $1,835,095,983,049 $46,616,149,117
2002 $1,492,427,756,382 $35,243,658,399
2001 $1,370,376,677,299 $30,726,659,551
2000 $1,360,959,069,477 $29,215,726,005
1999 $1,486,915,879,702 $30,496,272,225
1998 $1,496,906,382,032 $29,976,207,629
1997 $1,449,392,222,971 $27,844,628,979
1996 $1,598,889,216,566 $28,197,790,875
1995 $1,595,219,345,512 $26,180,022,222
1994 $1,385,822,778,828 $20,428,139,756
1993 $1,314,383,368,080 $16,737,973,764
1992 $1,389,663,073,110 $15,699,327,209
1991 $1,258,961,748,634 $14,459,924,589
1990 $1,257,649,439,827 $12,915,046,978
1989 $1,016,742,237,302 -
1988 $1,010,827,662,152 -
1987 $926,320,855,615 -
1986 $764,946,585,851 -
1985 $547,220,981,165 -
1984 $525,033,325,828 -
1983 $553,356,312,936 -
1982 $578,152,310,610 -
1981 $609,184,791,792 -
1980 $694,529,183,483 -
1979 $608,218,624,730 -
1978 $501,724,418,605 -
1977 $406,401,711,688 -
1976 $368,363,152,144 -
1975 $357,324,307,786 -
1974 $282,739,225,314 -
1973 $261,970,536,240 -
1972 $201,738,881,664 -
1971 $164,694,210,962 -
1970 $147,312,861,698 -
1969 $140,660,914,841 -
1968 $128,710,572,572 -
1967 $118,088,635,381 -
1966 $109,306,730,313 -
1965 $100,927,668,584 -
1964 $93,424,179,943 -
1963 $84,227,606,650 -
1962 $75,196,980,365 -
1961 $67,158,050,215 -
1960 $61,959,085,885 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/slovakia | CC BY

GDP per capita in France vs Slovakia by year

France
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
France Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $46,103 $62,557 $25,993 $48,132
2023 $44,700 $60,839 $24,615 $45,974
2022 $40,989 $57,043 $21,318 $41,562
2021 $43,725 $52,517 $22,123 $38,346
2020 $39,170 $49,482 $19,735 $35,328
2019 $40,408 $51,130 $19,406 $33,986
2018 $41,418 $46,381 $19,573 $31,510
2017 $38,687 $44,469 $17,646 $30,246
2016 $37,024 $42,880 $16,636 $29,868
2015 $36,702 $40,905 $16,442 $30,148
2014 $43,148 $40,218 $18,771 $29,108
2013 $42,669 $39,583 $18,313 $28,075
2012 $40,864 $37,671 $17,517 $27,023
2011 $43,930 $37,510 $18,469 $26,202
2010 $40,695 $35,908 $16,899 $25,382
2009 $41,728 $34,685 $16,587 $23,077
2008 $45,465 $35,053 $18,744 $23,714
2007 $41,486 $34,066 $16,110 $21,232
2006 $36,432 $32,424 $13,168 $18,906
2005 $34,696 $30,431 $11,642 $16,570
2004 $33,645 $28,921 $10,650 $15,166
2003 $29,480 $28,024 $8,675 $14,088
2002 $24,145 $28,350 $6,555 $13,292
2001 $22,332 $27,347 $5,712 $12,367
2000 $22,341 $26,007 $5,422 $11,370
1999 $24,576 $24,204 $5,652 $10,726
1998 $24,869 $23,263 $5,561 $10,666
1997 $24,169 $22,190 $5,172 $10,137
1996 $26,758 $21,268 $5,248 $9,500
1995 $26,792 $20,701 $4,883 $8,812
1994 $23,360 $19,892 $3,821 $8,178
1993 $22,239 $19,094 $3,143 $7,569
1992 $23,615 $18,801 $2,959 $7,270
1991 $21,501 $18,198 $2,727 $7,623
1990 $21,586 $17,475 $2,437 $8,638
1989 $17,547 - - -
1988 $17,550 - - -
1987 $16,176 - - -
1986 $13,430 - - -
1985 $9,657 - - -
1984 $9,312 - - -
1983 $9,862 - - -
1982 $10,360 - - -
1981 $10,956 - - -
1980 $12,565 - - -
1979 $11,063 - - -
1978 $9,167 - - -
1977 $7,459 - - -
1976 $6,792 - - -
1975 $6,617 - - -
1974 $5,261 - - -
1973 $4,907 - - -
1972 $3,809 - - -
1971 $3,137 - - -
1970 $2,833 - - -
1969 $2,729 - - -
1968 $2,518 - - -
1967 $2,328 - - -
1966 $2,173 - - -
1965 $2,024 - - -
1964 $1,891 - - -
1963 $1,723 - - -
1962 $1,554 - - -
1961 $1,402 - - -
1960 $1,307 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/slovakia | CC BY

France's GDP per capita is $46,103, ranking 27/197, compared to $25,993 in Slovakia, ranking 47/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 30th at $62,557, while Slovakia ranks 49th at $48,132.

Economic indicators

France Slovakia
Gross domestic product
$3.16T
2024
$141B
2024
GDP rank
7/197
2024
61/197
2024
GDP growth
1.19%
2023-2024
1.94%
2023-2024
GDP per capita
$46,103
2024
$25,993
2024
GDP per capita rank
27/197
2024
47/197
2024
GDP per capita, PPP
$62,557
2024
$48,132
2024
GDP per capita PPP rank
30/197
2024
49/197
2024
Government debt
$3.58T
2024
$80.7B
2024
Debt-to-GDP ratio
113.1%
2024
57.2%
2024
Government debt per person
$52,165
2024
$14,876
2024
Government debt per person rank
8/185
2024
40/185
2024
Average annual personal income after taxes
$35,669
2026
$17,983
2026
Market capitalization of domestic companies
$2.37T
2018
$5.38B
2014
Number of millionaires
2,897,000
2025
n/a
Number of billionaires
52
2025
2
2025
Income share by richest 10%
25%
2023
18.8%
2023
Income share by poorest 10%
3%
2023
3.3%
2023
Government expenditure, % of GDP
57.2%
2024
47.1%
2024
Consumer prices inflation
2%
2023-2024
2.76%
2023-2024
Unemployment rate
7.44%
2024
5.34%
2024
Population
68788006
5359438

Spending and national debt comparison by year

France
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
France Slovakia
Government spending Government debt Government spending Government debt
2024 57.2% 113.1% 47.1% 57.2%
2023 56.8% 109.6% 48% 55.6%
2022 58.4% 111.4% 43% 57.7%
2021 59.5% 112.8% 44.9% 60.2%
2020 61.7% 114.9% 44.5% 58.4%
2019 55.3% 98.1% 40.6% 48%
2018 56.4% 98.5% 39.7% 49.3%
2017 57.7% 98.7% 39.8% 51.4%
2016 57.4% 98.1% 40.9% 52.1%
2015 57.6% 96.9% 44.1% 51.6%
2014 58.4% 96.1% 42% 53.4%
2013 58.6% 94.5% 41.1% 54.6%
2012 57.9% 91.7% 40% 51.7%
2011 57% 88.7% 40.8% 43.3%
2010 57.7% 86.3% 41% 40.7%
2009 58% 84.1% 43.2% 36.4%
2008 54.3% 69.8% 36.5% 28.6%
2007 53.6% 65.5% 35.9% 30.4%
2006 53.7% 65.4% 38.2% 31.5%
2005 54.3% 68.2% 39.1% 35%
2004 54% 66.9% 38.4% 42%
2003 54.4% 65.4% 40% 43.6%
2002 53.9% 61.3% 46% 45.6%
2001 52.8% 59.3% 46.2% 51.4%
2000 52.6% 59.7% 53.2% 50.6%
1999 53.7% 61.4% 48.4% 47.1%
1998 54% 62.1% 46.2% 33.9%
1997 55.6% 62% 48.6% 32.8%
1996 56% 60.6% 52.8% 30.3%
1995 56% 57.8% 47.8% 21.3%
1994 55.9% 51.6% - -
1993 56.5% 48.2% - -
1992 54% 41.7% - -
1991 52.7% 37.8% - -
1990 51.6% 36.8% - -
1989 48.9% 34% - -
1988 50.1% 33.3% - -
1987 50.7% 33.4% - -
1986 51.3% 31.1% - -
1985 51.9% 30.6% - -
1984 51.2% 29% - -
1983 50.2% 26.6% - -
1982 49.9% 25.3% - -
1981 48.5% 22% - -
1980 46% 20.7% - -
1979 44.9% 21.1% - -
1978 44.7% 21.2% - -
1977 21.4% 15% - -
1976 21.7% 15.1% - -
1975 22% 16.1% - -
1974 19.9% 15.4% - -
1973 19.7% 15.8% - -
1972 19.8% 17.7% - -
1971 20% 20.1% - -
1970 20.5% 21% - -
1969 21.5% 14.4% - -
1968 22.7% 15.8% - -
1967 21.4% 16.1% - -
1966 21.4% 15.3% - -
1965 21.1% 17.6% - -
1964 21% 19.6% - -
1963 22.6% 22.2% - -
1962 21.7% 23.6% - -
1961 21.9% 26.3% - -
1960 22.2% 28.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/france/slovakia | CC BY

In 2024, France's government spending was $1.81T, accounting for 57.2% of its GDP, while Slovakia spent $66.4B, or 47.1% of GDP.

Debt-to-GDP ratio is 113.1% in France and 57.2% in Slovakia, ranking 14/185 and 90/185, respectively.

Government deficit by year

Deficit/surplus
France

Slovakia
1x
Year Deficit/surplus, % of GDP
France Slovakia
2024 -5.77% -5.27%
2023 -5.44% -5.15%
2022 -4.74% -1.16%
2021 -6.58% -5.09%
2020 -8.93% -5.3%
2019 -2.39% -1.21%
2018 -2.32% -1.01%
2017 -3.36% -0.98%
2016 -3.76% -2.59%
2015 -3.89% -2.78%
2014 -4.57% -3.25%
2013 -4.94% -2.86%
2012 -5.17% -4.37%
2011 -5.3% -4.36%
2010 -7.16% -7.44%
2009 -7.38% -8.18%
2008 -3.5% -2.54%
2007 -2.99% -2.26%
2006 -2.66% -3.57%
2005 -3.5% -2.86%
2004 -3.55% -2.36%
2003 -4.09% -2.28%
2002 -3.18% -8.35%
2001 -1.42% -7.74%
2000 -1.32% -12.7%
1999 -1.55% -7.25%
1998 -2.39% -5.37%
1997 -3.71% -6.24%
1996 -3.89% -9.72%
1995 -5.11% -3.43%
1994 -5.46% -
1993 -6.4% -
1992 -4.64% -
1991 -2.89% -
1990 -2.45% -
1989 -1.9% -
1988 -2.7% -
1987 -2.13% -
1986 -3.3% -
1985 -3.08% -
1984 -2.8% -
1983 -2.58% -
1982 -2.91% -
1981 -2.39% -
1980 -0.27% -
1979 -0.36% -
1978 -1.73% -
1977 0.9% -
1976 1.01% -
1975 -0.28% -
1974 3.05% -
1973 1.97% -
1972 1.94% -
1971 -0.13% -
1970 0.02% -
1969 -0.49% -
1968 -2.54% -
1967 -0.8% -
1966 -0.57% -
1965 -0.07% -
1964 -0.25% -
1963 -2.24% -
1962 -1.53% -
1961 -1.36% -
1960 -1.95% -
1959 0.56% -
1958 0.08% -
1957 -1.99% -
1956 -2.62% -
1955 -1.04% -
1954 -0.78% -
1953 -4.79% -
1952 -6.82% -
1951 -4.42% -
1950 -5.56% -
1949 -7.31% -
1948 -9.11% -
1947 -7.6% -
1946 -8.1% -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 -6.89% -
1936 -4.76% -
1935 -4.22% -
1934 -4.31% -
1933 -4.96% -
1932 -1.86% -
1931 -2.06% -
1930 -1.65% -
1929 1.48% -
1928 1.13% -
1927 -0.04% -
1926 -0.02% -
1925 -0.87% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.05% -
1912 0.23% -
1911 0.31% -
1910 -0.12% -
1909 -0.11% -
1908 -0.15% -
1907 0.23% -
1906 -0.04% -
1905 0.18% -
1904 0.3% -
1903 0.21% -
1902 -0.37% -
1901 -0.39% -
1900 0.21% -
1899 0.21% -
1898 0.29% -
1897 0.01% -
1896 -0.03% -
1895 -0.07% -
1894 -0.08% -
1893 -0.3% -
1892 -0.03% -
1891 0.36% -
1890 0.31% -
1889 0.09% -
1888 0.18% -
1887 -0.07% -
1886 -0.5% -
1885 -0.59% -
1884 -0.35% -
1883 -0.23% -
1882 -0.15% -
1881 0.64% -
1880 0.65% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/france/slovakia | CC BY

In 2024, France's government deficit, the difference between spending and revenue, was $182B, equivalent to 5.77% of GDP. This compares to Slovakia's deficit of $7.43B, or 5.27% of GDP.

Over the past 30 years, France recorded a fiscal deficit in 30 of those years, while Slovakia ran a deficit in 30 years. On average, France posted an annual deficit equal to 4.15% of GDP, compared to deficit of 4.59% of GDP for Slovakia.

Inflation comparison by year

Inflation
France

Slovakia
1x
Year Consumer prices inflation
France Slovakia
2024 2% 2.76%
2023 4.88% 10.5%
2022 5.22% 12.8%
2021 1.64% 3.15%
2020 0.48% 1.94%
2019 1.11% 2.66%
2018 1.85% 2.51%
2017 1.03% 1.31%
2016 0.18% -0.52%
2015 0.04% -0.33%
2014 0.51% -0.08%
2013 0.86% 1.4%
2012 1.95% 3.61%
2011 2.11% 3.92%
2010 1.53% 0.96%
2009 0.09% 1.62%
2008 2.81% 4.6%
2007 1.49% 2.76%
2006 1.68% 4.48%
2005 1.75% 2.71%
2004 2.14% 7.55%
2003 2.1% 8.55%
2002 1.92% 3.13%
2001 1.63% 7.33%
2000 1.68% 12%
1999 0.54% 10.6%
1998 0.65% 6.67%
1997 1.2% 6.14%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/slovakia | CC BY

Over the past 28 years, France has recorded an average annual inflation rate of 1.61%, compared with 4.45% in Slovakia. In 2024, inflation was 2% in France and 2.76% in Slovakia.

Top exports between countries

France
Export category Export value
Machinery & equipment $1.53B
Chemicals & pharma $449M
Metals $374M
Business & finance services $250M
Textiles & consumer goods $154M
Miscellaneous $141M
Transport & tourism services $106M
Raw materials & minerals $95.4M
Processed food, beverages & tobacco $79.4M
IT & IP services $64.9M
Slovakia
Export category Export value
Machinery & equipment $3.94B
Metals $303M
Raw materials & minerals $244M
Chemicals & pharma $228M
Textiles & consumer goods $212M
Transport & tourism services $140M
Wood & paper products $127M
Miscellaneous $115M
Processed food, beverages & tobacco $94.4M
IT & IP services $84.8M

Balance of trade

France Slovakia
Current account balance
$2.69B
2024
-$6.5B
2024
Current account balance ranking
42/190
2024
171/190
2024
Current account balance, % of GDP
+0.09%
2024
-4.61%
2024
Goods imports
$733B
2024
$107B
2024
Goods exports
$668B
2024
$106B
2024
Service imports
$341B
2024
$13.2B
2024
Service exports
$403B
2024
$13.9B
2024
Imports of goods and services, % of GDP
34.2%
2024
85.7%
2024
Exports of goods and services, % of GDP
33.9%
2024
85.5%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

France Slovakia
Economic freedom 64.6 67.7
Economic freedom ranking 72/197 54/197
Property rights 91.2 82.6
Government integrity 73.4 57.2
Judicial effectiveness 84.7 70.5
Tax burden 54.6 75.4
Government spending 0.9 36.4
Fiscal health 34.8 69.6
Business freedom 78.4 71.1
Labor freedom 59.1 55.1
Monetary freedom 73.2 69.7
Trade freedom 79.4 79.4
Investment freedom 75 75
Financial freedom 70 70

Economic freedom comparison by year

France
Slovakia
1x
Year Economic freedom index
France Slovakia
2026 64.6 67.7
2025 64.4 68.4
2024 62.5 68.1
2023 63.6 69
2022 65.9 69.7
2021 65.7 66.3
2020 66 66.8
2019 63.8 65
2018 63.9 65.3
2017 63.3 65.7
2016 62.3 66.6
2015 62.5 67.2
2014 63.5 66.4
2013 64.1 68.7
2012 63.2 67
2011 64.6 69.5
2010 64.2 69.7
2009 63.3 69.4
2008 64.7 70
2007 62.1 69.6
2006 61.1 69.8
2005 60.5 66.8
2004 60.9 64.6
2003 59.2 59
2002 58 59.8
2001 58 58.5
2000 57.4 53.8
1999 59.1 54.2
1998 58.9 57.5
1997 59.1 55.5
1996 63.7 57.6
1995 64.4 60.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/france/slovakia | CC BY

The Economic Freedom Index for France is 64.6, ranking 72/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

France Slovakia
Services, % of GDP
70.9%
2024
60%
2024
Industry, % of GDP
17.2%
2024
28.9%
2024
Agriculture, forestry, and fishing, % of GDP
1.3%
2024
1.58%
2024
GNI, Atlas method
$3.1T
2024
$128B
2024
GNI per capita, PPP
$63,880
2024
$47,040
2024
Total reserves including gold
$283B
2024
$14.5B
2024
Total reserves ranking
13/177
2024
68/177
2024
Net foreign direct investment
-$10.3B
2024
-$2.77B
2024
Net inflows of foreign direct investment
$52.1B
2024
$5.01B
2024
Net outflows of foreign direct investment
$41.7B
2024
$2.24B
2024
Poverty at national poverty lines
15.6%
2021
13.7%
2021
Gross capital formation, % of GDP
21.5%
2024
20.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/france/slovakia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.