Livret A savings rate rises to 1.7% in France

The interest rate for the Livret A savings account in France increased from 1.5% to 1.7% on August 1, 2026. This adjustment, which also applies to the Livret de Développement Durable et Solidaire (LDDS), was driven by a rise in inflation excluding tobacco, which averaged 1.52% during the first half of 2026.

While the Livret A rate rose, the Livret d’Épargne Populaire (LEP)—a savings account reserved for low-income households—was maintained at 2.5%. Although the standard calculation formula would have lowered the LEP rate to 2.2%, the government opted to deviate from the formula to support the purchasing power of vulnerable households.

Looking ahead to February 1, 2027, further increases are anticipated. Projections suggest the Livret A rate could rise above 2% and potentially reach 2.4%, driven by expected inflationary trends and potential rate revisions by the European Central Bank. The rate is calculated semi-annually by the Banque de France based on the average of the €STR interbank rate and the annual inflation rate excluding tobacco.