Markets Actual Q4 Q1 Q2 Q3 2022
Stock Market (points) 6713.89 6555 6407 6262 6120 5847
Currency 1.13 1.13 1.12 1.12 1.11 1.1
Government Bond 10Y (%) 0.01 0.04 0.04 0.04 0.05 0.06

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 3.00 1.6 0.9 0.7 0.6 0.5
GDP Annual Growth Rate (%) 3.30 4 3 2.2 3.2 2.5
Unemployment Rate (%) 8.10 8.5 8.8 8.7 8.4 8.3
Inflation Rate (%) 2.80 3 2.5 2.4 2.1 1.8
Inflation Rate Mom (%) 0.40 -0.2 0.5 0.4 -0.3 0.5
Interest Rate (%) 0.00 0 0 0 0 0.1
Balance of Trade (EUR Million) -6777.00 -4550 -4480 -4300 -4000 -3330
Current Account (EUR Million) -2664.00 -780 -1870 -2000 -2890 -640
Current Account to GDP (% of GDP) -1.90 -1.7 -1.2 -1.2 -1.2 -1.2
Government Debt to GDP (% of GDP) 115.70 117 115 115 115 115
Government Budget (% of GDP) -9.20 -11.5 -4.7 -4.7 -4.7 -4.7
Business Confidence (points) 109.00 104 105 106 107 105
Manufacturing PMI (points) 54.60 54.5 54 54.4 54.6 55
Services PMI (points) 58.20 55.1 53.6 54 54.4 54.8
Consumer Confidence (points) 99.00 98 104 105 104 107
Retail Sales MoM (%) 0.90 0.6 0.9 0.7 -1 0.5
Corporate Tax Rate (%) 26.50 33.3 26.5 26.5 26.5 26.5
Personal Income Tax Rate (%) 45.00 45 45 45 45 45

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Growth Rate (%) 3.00 1.6 0.9 0.7 0.6 0.5
GDP Annual Growth Rate (%) 3.30 4 3 2.2 3.2 2.5
GDP (USD Billion) 2630.32 2690 2820 2820 2820 2820
GDP Constant Prices (EUR Million) 582338.00 579932 574785 577771 600973 594430
Gross Fixed Capital Formation (EUR Million) 140120.00 141668 140884 143341 144604 145209
GDP per capita (USD) 35765.38 42600 43400 43400 43400 43400
GDP per capita PPP (USD) 42025.62 45600 46340 46340 46340 46340
GDP From Agriculture (EUR Million) 7870.00 8311 8142 8027 8122 8518
GDP From Construction (EUR Million) 27608.00 27542 27516 28350 28491 28231
GDP From Manufacturing (EUR Million) 56441.00 58206 58527 57752 58247 59661
GDP From Services (EUR Million) 297990.00 290782 287470 291319 307526 298051
GDP From Transport (EUR Million) 20294.00 17855 18220 19043 20943 18301
GDP From Utilities (EUR Million) 12948.00 13151 12898 12998 13362 13480

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 8.10 8.5 8.8 8.7 8.4 8.3
Employed Persons (Thousand ) 28455.00 28550 28510 28650 28700 28690
Unemployed Persons (Thousand) 3142.50 3250 3260 3230 3210 3180
Employment Rate (%) 67.50 66.6 66.8 66.7 66.8 66.9
Long Term Unemployment Rate (%) 2.40 2.9 3.2 3.1 2.8 2.7
Youth Unemployment Rate (%) 19.20 19.7 20 19.9 19.6 19.5
Labour Costs (points) 105.70 110 106 106 106 107
Wages (EUR/Month) 3137.00 3052 3153 3150 3153 3172
Wages in Manufacturing (points) 106.80 104 106 107 107 107
Wage Growth (%) 0.30 0.5 0.4 0.5 0.3 0.6
Minimum Wages (EUR/Month) 1554.58 1555 1610 1610 1610 1610
Population (Million) 67.29 67.41 67.75 67.75 67.75 67.75
Retirement Age Women 62.00 62 62 62 62 62
Retirement Age Men 62.00 62 62 62 62 62
Initial Jobless Claims (Thousand) -111.20 -18 -40 -60 -34 -30
Labor Force Participation Rate (%) 73.50 72.7 72.8 72.7 72.6 72.5
Non Farm Payrolls (Thousand) 25682.10 25620 25660 25600 25650 25690
Nonfarm Payrolls Private (Thousand) 19942.20 19840 19860 19800 19840 19880
Employment Change (%) 0.50 0.4 0.5 0.4 0.3 0.6

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 2.80 3 2.5 2.4 2.1 1.8
Inflation Rate Mom (%) 0.40 -0.2 0.5 0.4 -0.3 0.5
Consumer Price Index CPI (points) 107.64 108 108 109 109 110
Harmonised Consumer Prices (points) 109.08 109 109 110 110 111
Core Consumer Prices (points) 104.72 105 105 105 106 106
Core Inflation Rate (%) 1.30 1.2 1.1 1.2 1.5 1.4
Producer Prices (points) 115.20 114 115 113 116 117
Producer Prices Change (%) 14.90 10.9 8.2 5 3.5 2.2
Food Inflation (%) 0.70 1.2 1.2 1.4 1.5 1.7
CPI Housing Utilities (points) 112.01 109 110 111 112 111
CPI Transportation (points) 112.22 112 113 113 113 113

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 0.00 0 0 0 0 0.1
Interbank Rate (%) -0.48 -0.48 -0.48 -0.48 -0.48 -0.38
Banks Balance Sheet (EUR Million) 11128987.00 11470000 11520000 11550000 11580000 11570000
Loans to Private Sector (EUR Million) 2899508.00 2932202 2954784 2980841 3018388 3061219
Loan Growth (%) 3.97 4 3.4 3.7 4.1 4.4
Private Debt to GDP (%) 296.50 272 268 268 268 268
Central Bank Balance Sheet (EUR Million) 1950665.00 1980000 1976000 1995000 2051000 2110000

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (EUR Million) -6777.00 -4550 -4480 -4300 -4000 -3330
Current Account (EUR Million) -2664.00 -780 -1870 -2000 -2890 -640
Current Account to GDP (% of GDP) -1.90 -1.7 -1.2 -1.2 -1.2 -1.2
Imports (EUR Million) 48773.00 47800 47960 48000 48500 49100
Exports (EUR Million) 41996.00 43250 43480 43700 44500 45770
External Debt (EUR Million) 6320729.00 6323000 6384000 6422000 6445000 6461000
Foreign Direct Investment (EUR Million) 3970.00 3620 3420 2870 3200 2520
Tourism Revenues (EUR Million) 4403.00 2990 3020 4170 4450 3470
Tourist Arrivals (Thousand) 2209.00 1980 2340 2100 2650 2000

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 115.70 117 115 115 115 115
Government Budget (% of GDP) -9.20 -11.5 -4.7 -4.7 -4.7 -4.7
Government Budget Value (EUR Billion) -175.12 -65 -33 -83 -135 -116
Government Spending (EUR Million) 143338.00 144305 142379 142260 147925 147913
Government Spending to GDP (% of GDP) 62.10 61 56 56 56 56
Government Revenues (EUR Billion) 215.10 306 79 143 191 324
Government Debt (EUR Billion) 2762.00 2750 2710 2730 2750 2790
Fiscal Expenditure (EUR Billion) 367.29 446 112 226 326 440

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 26.50 33.3 26.5 26.5 26.5 26.5
Personal Income Tax Rate (%) 45.00 45 45 45 45 45
Sales Tax Rate (%) 20.00 20 20 20 20 20
Social Security Rate (%) 68.00 59.2 68 68 68 68
Social Security Rate For Companies (%) 45.00 45 45 45 45 45
Social Security Rate For Employees (%) 23.00 14.2 23 23 23 23

Business Actual Q4 Q1 Q2 Q3 2022
Business Confidence (points) 109.00 104 105 106 107 105
Manufacturing PMI (points) 54.60 54.5 54 54.4 54.6 55
Services PMI (points) 58.20 55.1 53.6 54 54.4 54.8
Composite PMI (points) 56.30 53.6 54 54.2 54.4 54.6
Industrial Production (%) 0.80 5.1 2.8 3.6 3.2 2.9
Industrial Production Mom (%) -1.30 0.6 0.9 0.7 -0.8 0.6
Manufacturing Production (%) 0.10 5.5 4.2 4.5 3.8 3.2
Car Registrations 118521.00 192200 185900 248700 184900 205200
Mining Production (%) 0.90 5.2 4.4 4.9 4 3.6
Business Climate Indicator (points) 114.00 111 112 109 110 107

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Confidence (points) 99.00 98 104 105 104 107
Retail Sales MoM (%) 0.90 0.6 0.9 0.7 -1 0.5
Retail Sales YoY (%) 5.90 4.5 4 4.8 4 3.6
Consumer Spending (EUR Million) 313456.00 306615 303536 305073 323487 314280
Disposable Personal Income (EUR Million) 384394.00 396986 392643 392851 396695 406910
Personal Savings (%) 21.38 14.4 14 14.3 14 13.6
Households Debt To GDP (% of GDP) 68.10 68 65 65 65 65
Households Debt To Income (%) 102.18 101 98 98 98 98
Personal Spending (%) -0.40 0.6 1.2 0.7 -1 0.7
Bank Lending Rate (%) 1.48 1.48 1.48 1.48 1.48 1.58
Gasoline Prices (USD/Liter) 1.94 1.84 1.75 1.66 1.58 1.5
Consumer Credit (EUR Million) 1611044.00 1613731 1607825 1620446 1662597 1654074

Housing Actual Q4 Q1 Q2 Q3 2022
Construction Output (%) 1.90 6.2 2.8 3.6 3.3 3.2
Housing Index (points) 122.12 126 127 128 127 130
Home Ownership Rate (%) 64.00 62.8 62.5 62.5 62.5 62.5
Housing Starts (units) 34500.00 39400 29100 36200 37200 41400
New Home Sales (Units) 23217.00 32200 30600 33800 29700 38200
Construction PMI (points) 50.30 52.5 53.4 54 54.5 54.7
Building Permits 47600.00 39100 36800 34800 36500 42100


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. France Forecast - was last updated on Tuesday, November 30, 2021.