France GDP Growth Rate  1949-2018 | Data | Chart | Calendar | Forecast

The French economy expanded by 0.6 percent on quarter in the three months to September 2017, above the second estimate of 0.5 percent, as government spending increased faster than previously expected. Household consumption was confirmed to rise at a faster pace while fixed investment growth slowed and foreign trade contributed negatively. GDP Growth Rate in France averaged 0.78 percent from 1949 until 2017, reaching an all time high of 7.70 percent in the third quarter of 1968 and a record low of -5 percent in the second quarter of 1968.

France GDP Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




French Q3 GDP Growth Revised Up to 0.6%


The French economy expanded by 0.6 percent on quarter in the three months to September 2017, above the second estimate of 0.5 percent, as government spending increased faster than previously expected. Household consumption was confirmed to rise at a faster pace while fixed investment growth slowed and foreign trade contributed negatively.

The positive contribution to GDP came from changes in inventories (0.5 percentage points), household final consumption expenditure (0.3 percentage points), fixed investment (0.2 percentage points) and government spending (0.1 percentage points); while net trade had a negative contribution of 0.6 percentage points.

Household consumption grew by 0.6 percent in the third quarter, faster than a 0.3 percent expansion in the previous period and government spending increased by 0.6 percent, following a 0.5 percent gain in Q2. Meanwhile, gross fixed capital formation rose by 0.9 percent, easing from a 1.1 percent advance in the previous three-month period.

Imports jumped by 2.6 percent, accelerating from a 0.1 percent gain in the second quarter; while exports rose at a slower 0.8 percent, following a 2 percent increase.

Year-on-year, the economy grew 2.3 percent year-on-year in the third quarter of 2017, above the second estimate of 2.2 percent and following a 1.8 percent expansion in the previous period. It was the strongest pace of expansion since the second quarter of 2011.


INSEE | Joana Ferreira | joana.ferreira@tradingeconomics.com
12/22/2017 9:28:28 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-10-31 06:30 AM GDP Growth Rate QoQ 1st Est 0.5% 0.5% 0.5% 0.5%
2017-11-29 07:45 AM GDP Growth Rate QoQ 2nd Est 0.5% 0.6% 0.5% 0.5%
2017-12-22 07:45 AM GDP Growth Rate QoQ Final 0.6% 0.6% 0.5% 0.5%
2018-01-30 06:30 AM GDP Growth Rate QoQ 1st Est 0.6% 0.50%
2018-02-28 07:45 AM GDP Growth Rate QoQ 2nd Est 0.6%
2018-03-24 07:45 AM GDP Growth Rate QoQ Final 0.6%


France GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.60 7.70 -5.00 percent [+]
GDP Annual Growth Rate 2.30 1.80 12.50 -3.80 percent [+]
GDP 2465.45 2433.56 2923.47 62.65 USD Billion [+]
GDP Constant Prices 541807.00 538772.00 541807.00 68907.00 EUR Million [+]
Gross Fixed Capital Formation 120920.10 119831.00 121025.10 11800.00 EUR Million [+]
GDP per capita 42013.29 41689.71 42013.29 12991.27 USD [+]
GDP per capita PPP 38058.87 37765.75 38058.87 29527.97 USD [+]
GDP From Agriculture 8285.00 8157.00 8845.00 2165.00 EUR Million [+]
GDP From Construction 24839.00 24732.00 30384.00 6440.00 EUR Million [+]
GDP From Manufacturing 55817.00 55473.00 55817.00 7291.00 EUR Million [+]
GDP From Services 279678.00 278149.00 279678.00 26222.00 EUR Million [+]
GDP From Transport 23007.00 22924.00 23007.00 1600.00 EUR Million [+]
GDP From Utilities 10894.00 10799.00 12752.00 535.00 EUR Million [+]


France GDP Growth Rate

France is the seventh largest economy in the world and the second largest in the Euro Area. Composition of the GDP on the expenditure side: household consumption (55 percent); government expenditure (24 percent) and gross fixed capital formation (22 percent). Exports of goods and services account for 29 percent of GDP while imports account for 31 percent, subtracting 2 percent from total GDP. This page provides the latest reported value for - France GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.60 7.70 -5.00 1949 - 2017 percent Quarterly




GDP growth rate by Country
Country Last
United States 3.20 Sep/17
Indonesia 3.18 Sep/17
China 1.60 Dec/17
South Korea 1.50 Sep/17
India 1.40 Jun/17
Turkey 1.20 Sep/17
Russia 1.08 Jun/17
Germany 0.80 Sep/17
Spain 0.80 Sep/17
Australia 0.60 Sep/17
Euro Area 0.60 Sep/17
France 0.60 Sep/17
Japan 0.60 Sep/17
Switzerland 0.60 Sep/17
Canada 0.40 Sep/17
Italy 0.40 Sep/17
Netherlands 0.40 Sep/17
United Kingdom 0.40 Sep/17
Brazil 0.10 Sep/17
Mexico -0.30 Sep/17


Related

Latest