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

France GDP advanced 0.4 percent quarter-on-quarter in the December quarter of 2016, compared to a 0.2 percent growth in the three months to September and in line with second estimates, final figures showed. It was the second straight quarter of growth and the strongest since the March quarter, driven by faster rises in household consumption and investment while net external demand contributed slightly to the GDP. Year-on-year, the GDP grew 1.1 percent, compared to a 1.0 percent expansion in the third quarter and matching preliminary estimates. GDP Growth Rate in France averaged 0.79 percent from 1949 until 2016, 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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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-01-31 06:30 AM Q4 0.4% 0.2% 0.4% 0.4%
2017-02-28 07:45 AM Q4 0.4% 0.2% 0.4% 0.4%
2017-03-24 07:45 AM Q4 0.4% 0.2% 0.4% 0.4%
2017-04-28 05:30 AM Q1 0.4% 0.4%
2017-05-30 06:45 AM Q1 0.4% 0.4%
2017-06-23 06:45 AM Q1 0.4% 0.4%




France GDP Growth Matches Estimates In Q4


France GDP advanced 0.4 percent quarter-on-quarter in the December quarter of 2016, compared to a 0.2 percent growth in the three months to September and in line with second estimates, final figures showed. It was the second straight quarter of growth and the strongest since the March quarter, driven by faster rises in household consumption and investment while net external demand contributed slightly to the GDP.

In the three months to December 2016, household consumption rose 0.6 percent, following a 0.1 percent rise in the previous two quarters. Government expenditure went up 0.3 percent, the same as in the preceding quarter. Total gross fixed capital formation grew by 0.5 percent, compared to a 0.2 percent growth in the third quarter. Final domestic demand (excluding changes in inventories) contributed 0.5 points to GDP growth, up significantly from 0.2 points in the prior quarter.

Exports rose 1.3 percent, faster than a 0.8 percent rise in the September quarter. Imports went up 0.9 percent, slowing sharply from a 2.7 percent increase in the preceding quarter. The foreign trade balance contributed positively to the economy (0.1 points after -0.6 points in the third quarter). In contrast, changes in inventories contributed negatively: -0.2 points after +0.7 points in the September quarter.

Year-on-year, the GDP grew 1.1 percent, compared to a 0.9 percent expansion in the third quarter and matching preliminary estimates.

Insee | Rida Husna | rida@tradingeconomics.com
3/24/2017 11:52:59 AM



France GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.20 7.70 -5.00 percent [+]
GDP Annual Growth Rate 1.10 0.90 12.50 -3.80 percent [+]
GDP 2418.84 2839.16 2923.47 62.65 USD Billion [+]
GDP Constant Prices 531550.00 529309.00 531550.00 68907.00 EUR Million [+]
Gross Fixed Capital Formation 116213.00 115627.00 121168.00 11800.00 EUR Million [+]
GDP per capita 41533.87 41204.01 41699.17 12992.04 USD [+]
GDP per capita PPP 37489.78 37192.04 37638.99 29423.93 USD [+]
GDP From Agriculture 7112.00 7027.00 8619.00 2165.00 EUR Million [+]
GDP From Construction 24254.00 24210.00 30452.00 6440.00 EUR Million [+]
GDP From Manufacturing 53869.00 53776.00 54510.00 7291.00 EUR Million [+]
GDP From Services 275500.00 274250.00 275500.00 26222.00 EUR Million [+]
GDP From Transport 23040.00 22734.00 23040.00 1600.00 EUR Million [+]
GDP From Utilities 11167.00 10939.00 12750.00 535.00 EUR Million [+]



France GDP Growth Rate Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.20 7.70 -5.00 1949 - 2016 percent Quarterly



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