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

The French economy advanced 0.6 percent on quarter in the three months to December of 2017, after a downwardly revised 0.5 percent growth in the previous quarter and above market consensus of a 0.5 percent growth, the preliminary estimate showed. It marked the sixth straight quarter of expansion, driven by fixed investment and exports while household consumption and government spending went up at slower paces. Year-on-year, the economy expanded by 2.4 percent, following a 2.3 percent growth in the previous period. It was the fastest pace of expansion since the first quarter of 2011. For full 2017, the economy expanded by 1.9 percent, the strongest growth rate since 2011. 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
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French Q4 GDP Growth Beats Estimates


The French economy advanced 0.6 percent on quarter in the three months to December of 2017, after a downwardly revised 0.5 percent growth in the previous quarter and above market consensus of a 0.5 percent expansion, the preliminary estimate showed. It marked the sixth straight quarter of growth, mainly driven by fixed investment and exports while household consumption and government spending went up at slower paces. For full 2017, the economy expanded by 1.9 percent, the strongest growth rate since 2011.

In the fourth quarter, positive contribution to GDP came from final domestic demand (0.5 percentage points) and net foreign demand (0.6 percentage points). On the other hand, changes in inventories contributed negatively (−0.5 percentage points).

Gross fixed capital formation rose at a faster 1.1 percent, after a 0.9 percent rise in the September quarter. Meanwhile, household consumption increased by 0.3 percent, slower than a 0.6 percent gain in the second quarter. Government expenditure went up by 0.4 percent, compared to a 0.6 percent growth in Q3.

Exports grew by 2.6 percent, much stronger than a 1.1 percent increase in the preceding quarter; while imports rose by 0.7 percent, after a 2.4 percent growth in the previous period.

Year-on-year, the economy grew by 2.4 percent, following a 2.3 percent growth in the previous period. It was the fastest expansion since the first quarter of 2011.


Insee | Rida Husna |
1/30/2018 8:17:24 AM



Calendar GMT Actual Previous Consensus TEForecast
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% 0.5% 0.6% 0.5%
2018-02-28 07:45 AM GDP Growth Rate QoQ 2nd Est 0.5% 0.6% 0.6%
2018-03-26 07:45 AM GDP Growth Rate QoQ Final 0.5%
2018-04-27 05:30 AM GDP Growth Rate QoQ 1st Est 0.5%


France GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.50 7.70 -5.00 percent [+]
GDP Annual Growth Rate 2.40 2.30 12.50 -3.80 percent [+]
GDP 2465.45 2433.56 2923.47 62.65 USD Billion [+]
GDP Constant Prices 545094.00 541734.00 545094.00 68907.00 EUR Million [+]
Gross Fixed Capital Formation 122248.00 120894.00 122248.00 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 8355.00 8286.00 8844.00 2165.00 EUR Million [+]
GDP From Construction 24892.00 24810.00 30385.00 6440.00 EUR Million [+]
GDP From Manufacturing 56641.00 55806.00 56641.00 7291.00 EUR Million [+]
GDP From Services 281687.00 279654.00 281687.00 26222.00 EUR Million [+]
GDP From Transport 23360.00 23066.00 23360.00 1600.00 EUR Million [+]
GDP From Utilities 10927.00 10949.00 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.50 7.70 -5.00 1949 - 2017 percent Quarterly




GDP growth rate by Country
Country Last
United States 2.60 Dec/17
China 1.60 Dec/17
India 1.60 Sep/17
Turkey 1.20 Sep/17
Russia 1.08 Jun/17
Mexico 0.80 Dec/17
Netherlands 0.80 Dec/17
Spain 0.70 Dec/17
Australia 0.60 Sep/17
Euro Area 0.60 Dec/17
France 0.60 Dec/17
Germany 0.60 Dec/17
Switzerland 0.60 Sep/17
Canada 0.40 Sep/17
United Kingdom 0.40 Dec/17
Italy 0.30 Dec/17
Brazil 0.10 Sep/17
Japan 0.10 Dec/17
South Korea -0.20 Dec/17
Indonesia -1.70 Dec/17


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