France GDP Growth Rate  1949-2016 | Data | Chart | Calendar | Forecast

France economy recorded no growth in the second quarter of 2016, following a 0.7 percent expansion reported in January to March period and matching preliminary figure, second estimate showed. It was the lowest reading since the second quarter of 2015, as a contraction in fixed investment weighed on growth. In contrast, government spending expanded and net external demand contributed positively while household consumption stalled. Year-on-year, the GDP grew 1.4 percent, after growing by an upwardly revised 1.4 percent in the previous quarter and in line with 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. GDP Growth Rate in France is reported by the INSEE, France.

France GDP Growth Rate
Receive the next reported value for France GDP Growth Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.70 7.70 -5.00 1949 - 2016 percent Quarterly
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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-24 06:45 AM Q1 0.6% 0.4% 0.6% 0.6%
2016-07-29 05:30 AM Q2 0.0% 0.7% 0.2% 0.3%
2016-08-26 06:45 AM Q2 0% 0.7% 0% 0%
2016-09-23 06:45 AM Q2 0.7% 0% 0%
2016-10-31 06:30 AM Q3 0.3%
2016-12-23 07:45 AM Q3

French Economy Stalls in Q2


France economy recorded no growth in the second quarter of 2016, following a 0.7 percent expansion reported in January to March period and matching preliminary figure, second estimate showed. It was the lowest reading since the second quarter of 2015, as a contraction in fixed investment weighed on growth. In contrast, government spending expanded and net external demand contributed positively while household consumption stalled.

In the June quarter, total gross fixed capital formation declined by 0.2 percent, after growing 1.3 percent in the March quarter while household consumption decelerated sharply (+0.0 percent from +1.2 percent in the previous three months). In contrast, government expenditure expanded 0.4 percent, the same pace as in the preceding quarter. Final domestic demand (excluding changes in inventories) was virtually stable, contributing 0.1 points to GDP growth (after +1.0 points in Q1). Changes in inventories contributed negatively: -0.7 points after -0.1 points in the March quarter.

Exports dropped by 0.1 percent, slower than a 0.4 percent decline in the previous quarter. Imports dropped by 2.0 percent, compared to a 0.5 percent growth in the first quarter. The foreign trade balance contributed positively to the economy (+0.6 points after -0.2 points in the preceding quarter).

Year-on-year, the GDP grew 1.4 percent, after growing by an upwardly revised 1.4 in the previous quarter and in line with preliminary estimates.

Insee l Rida Husna | rida@tradingeconomics.com
8/26/2016 10:03:19 AM

France GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 0.70 7.70 -5.00 percent [+]
GDP Annual Growth Rate 1.40 1.40 12.50 -3.80 percent [+]
GDP 2421.68 2829.19 2923.47 62.65 USD Billion [+]
GDP Constant Prices 529560.30 529778.00 529778.00 68907.00 EUR Million [+]
Gross Fixed Capital Formation 115140.10 115326.00 121268.00 11800.00 EUR Million [+]
GDP per capita 41329.92 41049.60 41699.17 12992.04 USD [+]
GDP per capita PPP 37305.69 37052.66 37638.99 29423.93 USD [+]
GDP From Agriculture 8039.00 7993.00 8615.00 2165.00 EUR Million [+]
GDP From Construction 24020.00 24109.00 30489.00 6440.00 EUR Million [+]
GDP From Manufacturing 53774.00 54064.00 54509.00 7291.00 EUR Million [+]
GDP From Services 273706.00 273884.00 273884.00 26222.00 EUR Million [+]
GDP From Transport 22603.00 22466.00 22603.00 1600.00 EUR Million [+]
GDP From Utilities 11250.00 11175.00 12750.00 535.00 EUR Million [+]




Last
Venezuela 6.80 Dec/13
Bangladesh 6.51 Dec/15
Vietnam 5.55 Jun/16
Sri Lanka 5.50 Mar/16
Angola 4.90 Dec/15
Cape Verde 4.50 Dec/14
Morocco 4.50 Dec/15
Pakistan 4.24 Dec/15
Indonesia 4.02 Jun/16
Algeria 4.00 Dec/14
Macedonia 3.90 Mar/14
United Arab Emirates 3.90 Dec/15
Egypt 3.80 Dec/15
Mongolia 3.10 Mar/16
Rwanda 2.35 Dec/15
India 2.10 Mar/16
Botswana 1.80 Mar/16
China 1.80 Jun/16
Philippines 1.80 Jun/16
Costa Rica 1.75 Mar/16
Moldova 1.70 Mar/16
Hong Kong 1.60 Jun/16
Serbia 1.60 Mar/16
El Salvador 1.55 Dec/15
Romania 1.50 Jun/16
Saudi Arabia 1.50 Mar/16
Tanzania 1.50 Sep/10
Bosnia and Herzegovina 1.30 Mar/16
Kazakhstan 1.26 Dec/13
Albania 1.20 Mar/16
Australia 1.10 Mar/16
Ghana 1.10 Mar/16
Hungary 1.10 Jun/16
United States 1.10 Jun/16
Norway 1.00 Mar/16
Bahrain 0.90 Mar/16
Czech Republic 0.90 Jun/16
Israel 0.90 Jun/16
Mauritius 0.90 Mar/16
Poland 0.90 Jun/16
Slovakia 0.90 Jun/16
Paraguay 0.80 Mar/16
Spain 0.80 Jun/16
Thailand 0.80 Jun/16
Turkey 0.80 Mar/16
Bulgaria 0.70 Jun/16
Cyprus 0.70 Jun/16
Denmark 0.70 Mar/16
Luxembourg 0.70 Mar/16
Malaysia 0.70 Jun/16
New Zealand 0.70 Mar/16
South Korea 0.70 Jun/16
Canada 0.60 Mar/16
Croatia 0.60 Apr/16
Netherlands 0.60 Jun/16
Ukraine 0.60 Jun/16
United Kingdom 0.60 Jun/16
Belgium 0.50 Jun/16
Slovenia 0.50 Mar/16
European Union 0.40 Jun/16
Germany 0.40 Jun/16
Latvia 0.40 Jun/16
Tunisia 0.40 Mar/16
Austria 0.30 Jun/16
Estonia 0.30 Jun/16
Euro Area 0.30 Jun/16
Finland 0.30 Jun/16
Greece 0.30 Jun/16
Malta 0.30 Mar/16
Singapore 0.30 Jun/16
Sweden 0.30 Jun/16
Colombia 0.20 Mar/16
Portugal 0.20 Jun/16
Taiwan 0.15 Jun/16
Lithuania 0.10 Jun/16
Switzerland 0.10 Mar/16
Uruguay 0.10 Mar/16
Cameroon 0.05 Dec/15
France 0.00 Jun/16
Italy 0.00 Jun/16
Japan 0.00 Jun/16
Mozambique 0.00 Jun/16
Peru 0.00 Mar/16
Trinidad And Tobago -0.10 Dec/15
Mexico -0.20 Jun/16
Brazil -0.30 Mar/16
Chile -0.40 Jun/16
Iceland -0.50 Mar/16
Bolivia -0.56 Mar/16
Russia -0.57 Sep/15
Jamaica -0.60 Mar/16
Argentina -0.70 Mar/16
Belize -1.07 Mar/16
South Africa -1.20 Mar/16
Uganda -1.30 Mar/16
Kenya -1.40 Mar/16
Namibia -1.60 Mar/16
Dominican Republic -1.67 Mar/16
Ecuador -1.90 Mar/16
Ireland -2.10 Mar/16
Qatar -2.60 Mar/16
Nigeria -13.70 Mar/16
Senegal -14.10 Mar/16