France GDP Growth Rate  1950-2016 | Data | Chart | Calendar | Forecast

The French economy advanced 0.2 percent in the fourth quarter of 2015, following a 0.3 percent expansion in the preceding quarter and matching market consensus, preliminary estimate showed. A faster increase in investment and a rebound exports were unable to offset a decline in households' consumption while government consumption was steady. GDP Growth Rate in France averaged 0.79 percent from 1950 until 2015, 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
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Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.30 7.70 -5.00 1950 - 2015 percent Quarterly
France is the fifth 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 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-13 06:30 AM Q3 0.3% 0.0% 0.3% 0.2%
2015-12-23 07:45 AM Q3 0.3% 0.0% 0.3% 0.3%
2016-01-29 06:30 AM Q4 0.2% 0.3% 0.2% 0.3%
2016-03-25 07:45 AM Q4 0.3% 0.2%
2016-05-13 05:30 AM Q1 0.2%
2016-06-24 06:45 AM Q1

French GDP Growth Confirmed at 0.3% QoQ in Q3


The French economy expanded 0.3 percent in the September quarter of 2015, following a stagnation in the June quarter and matching preliminary estimates, mainly boosted by household spending.

In the third quarter of 2015, households final consumption expenditure grew 0.3 percent (after remaining unchanged in the June quarter). Government expenditure grew by 0.4 percent, following a 0.3 percent expansion in the previous quarter. Total gross fixed capital formation remained unchanged, after a 0.1 percent contraction in the second quarter. Non-financial corporations' gross fixed capital formation expanded by 0.5 percent, the same pace as in the preceding quarter. Final domestic demand (excluding changes in inventories) contributed +0.3 points to GDP growth (after +0.1 points in the June quarter).

Exports fell by 0.6 percent, reversing from a 2.0 percent growth in the second quarter. Imports grew by 1.8 percent, accelerating from a 0.7 percent growth in the second quarter. That brought the foreign trade balance contributed negatively to the economy (-0.7 points after +0.4 points). In contrast, changes in inventories contributed positivevely to GDP growth (+0.7 points after -0.5 points in the previous three months).

Year-on-year, the French economy advanced by 1.1 percent, the same pace as in the preceding quarter.

Inseel Rida Husna | rida@tradingeconomics.com
12/23/2015 8:12:27 AM

France GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 0.30 7.70 -5.00 percent [+]
GDP Annual Growth Rate 1.50 1.10 12.50 -3.95 percent [+]
GDP 2829.19 2810.25 2923.47 62.65 USD Billion [+]
GDP Constant Prices 522982.00 522077.00 522982.00 68907.00 EUR Million [+]
Gross Fixed Capital Formation 111550.10 110566.00 121453.00 11800.00 EUR Million [+]
GDP per capita 35669.59 35757.47 36075.58 11154.68 USD [+]
GDP per capita PPP 37217.53 37309.22 37641.14 29476.13 USD [+]
GDP From Agriculture 8000.00 8001.00 8407.00 2165.00 EUR Million [+]
GDP From Construction 23475.00 23429.00 30474.00 6440.00 EUR Million [+]
GDP From Manufacturing 53338.00 52939.00 54491.00 7291.00 EUR Million [+]
GDP From Services 270130.00 269355.00 270130.00 26222.00 EUR Million [+]
GDP From Transport 22619.00 22507.00 22619.00 1600.00 EUR Million [+]
GDP From Utilities 10416.00 10648.00 12737.00 535.00 EUR Million [+]




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