France raises Livret A savings rate to 1.70% from August 1, 2026
On 1 August 2026 the French government will increase the interest rate on the Livret A savings account from 1.5 % to 1.7 % net, marking the first rise since February 2023. The change was announced by Economy Minister Roland Lescure on 15 July, following a recommendation from the governor of the Banque de France.
The adjustment also applies to the Livret de Développement Durable et Solidaire (LDDS), which will adopt the same 1.7 % rate. The Livret d’Épargne Populaire (LEP) keeps its 2.5 % net rate. With about 58 million Livret A holders, the average net yield for the full year 2026 is expected to be around 1.6 %.
For a holder at the Livret A ceiling of €22,950, the higher rate translates into roughly €367 of net interest per year, while the LEP ceiling would generate about €252. The rate formula continues to combine inflation (excluding tobacco) over the past twelve months with the Euro‑area inter‑bank rate, a method used for the semi‑annual revisions.
Entities: Banque de France · French Ministry of Economy · LDDS · LEP · Livret A · Livret A · Roland Lescure
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 5 SOURCES] The Livret A interest rate will rise to 1.70% net on 1 August 2026, up from 1.5%. (French Ministry of Economy)
- [● 2 SOURCES] The average net yield of the Livret A for the full year 2026 is expected to be about 1.6%. (Financial calculations based on the new rate)
- [● 2 SOURCES] Approximately 58 million French households hold a Livret A account. (Caisse des Dépôts / French statistics)
- [○ 1 SOURCE] The LDDS rate will also be set to 1.70% net on 1 August 2026. (French Ministry of Economy)
- [○ 1 SOURCE] The Livret A rate is set using a formula that combines inflation (excluding tobacco) over the past twelve months with the Euro‑area inter‑bank rate. (Banque de France methodology)
- [● 2 SOURCES] Economy Minister Roland Lescure announced the rate change on 15 July 2026, based on a recommendation from the governor of the Banque de France. (Minister Roland Lescure)
- [● 2 SOURCES] A full‑year balance at the Livret A ceiling (€22,950) will generate roughly €367 of net interest per year at the new 1.7% rate. (Interest calculation examples)
- [○ 1 SOURCE] The LEP rate remains unchanged at 2.5% net. (French Ministry of Economy)