France GDP Growth Rate 1949-2017 | Data | Chart | Calendar | Forecast

The French economy advanced 0.5 percent quarter-on-quarter in the three months to September 2017, following a 0.6 percent expansion in the previous period and matching the preliminary estimate. Growth was mainly driven by household consumption while fixed investment rose at softer pace and foreign trade contributed negatively. Year-on-year, the economy advanced 2.2 percent, the strongest pace of expansion since the second quarter of 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
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 Confirmed at 0.5%


The French economy advanced 0.5 percent quarter-on-quarter in the three months to September 2017, following a 0.6 percent expansion in the previous period and matching the preliminary estimate. Growth was mainly driven by household consumption while fixed investment rose at softer pace 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 gross fixed capital formation rose by 0.9 percent, following a 1.1 percent advance in Q2. Also, government spending increased by 0.5 percent, the same pace as in the preceding three months.

Imports jumped by 2.8 percent, accelerating from a 0.3 percent gain in the second quarter; while exports rose at a slower 1.1 percent, following a 2.2 percent increase.

Year-on-year, the economy grew 2.2 percent year-on-year in the third quarter of 2017, unrevised from the preliminary estimate 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 l Rida Husna |
11/29/2017 10:20:31 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-09-22 06:45 AM GDP Growth Rate QoQ Final 0.5% 0.5% 0.5% 0.5%
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% 0.5% 0.5%
2018-01-30 06:30 AM GDP Growth Rate QoQ 1st Est
2018-02-28 07:45 AM GDP Growth Rate QoQ 2nd Est


France GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.60 7.70 -5.00 percent [+]
GDP Annual Growth Rate 2.20 1.80 12.50 -3.80 percent [+]
GDP 2465.45 2433.56 2923.47 62.65 USD Billion [+]
GDP Constant Prices 541418.00 538545.30 541418.00 68907.00 EUR Million [+]
Gross Fixed Capital Formation 120902.00 119812.00 121022.00 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 8073.00 7978.00 8839.00 2165.00 EUR Million [+]
GDP From Construction 24843.00 24734.00 30384.00 6440.00 EUR Million [+]
GDP From Manufacturing 55753.00 55449.00 55753.00 7291.00 EUR Million [+]
GDP From Services 279494.00 278073.00 279494.00 26222.00 EUR Million [+]
GDP From Transport 22849.00 22791.00 22849.00 1600.00 EUR Million [+]
GDP From Utilities 10955.00 10825.00 12751.00 535.00 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 December of 2017.

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




GDP growth rate by Country
Country Last
United States 3.30 Sep/17
Indonesia 3.18 Sep/17
China 1.70 Sep/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
Japan 0.60 Sep/17
Switzerland 0.60 Sep/17
France 0.50 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