France GDP Annual Growth Rate

The Gross Domestic Product (GDP) in France expanded 0.80 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in France is reported by the INSEE, France. GDP Annual Growth Rate in France averaged 1.80 Percent from 1979 until 2013, reaching an all time high of 4.90 Percent in the third quarter of 1988 and a record low of -3.90 Percent in the first quarter of 2009. France is the fifth largest economy in the world and the second largest in the Euro Area. Services are the biggest sector of the economy and account for 79 percent of total GDP. Within services the most important segments are: wholesale and retail trade, transportation, accommodation and food services (19 percent of total GDP); real estate activities (13.2 percent); public administration, defence and social security (8 percent); education (6 percent); health (6 percent); information and communication (5 percent) and financial and insurance services (5 percent). Industry accounts for 19 percent of GDP. Within industry, the manufacturing, mining and quarrying segment represents 12.8 percent and construction accounts for 6 percent of total GDP. Agriculture contributes 2 percent to GDP. Yet, France is the second largest exporter of agricultural products in the world. This page provides - France GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.80 0.30 4.90 -3.90 0.44 | 2014/06 1979 - 2013 Percent Quarterly


France GDP Annual Growth Rate

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-11-14 06:30 AM France
GDP Growth Rate YoY- P
Q3 2013 0.2% 0.5% (R) 0.2% 0.51%
2013-12-24 07:45 AM France
GDP Growth Rate YoY - Final
Q3 2013 0.2% 0.5% 0.2% 0.2%
2014-02-14 06:30 AM France
GDP Growth Rate YoY
Q4 2013 0.0% 0.3% (R) -0.06%
2014-03-31 07:45 AM France
GDP Growth Rate YoY Final
Q4 2013 0.8% 0.2% 0.0% 0.0%
2014-06-27 07:45 AM France
GDP Growth Rate YoY
Q1 2014 0.8% 0.36%

GDP Last Previous Highest Lowest Forecast Unit
GDP Constant Prices 454992.00 2013-11-15 453446.00 454992.00 63083.00 456576.25 2014-06-30 EUR Million [+]
Gross Fixed Capital Formation 83208.00 2013-11-15 82731.00 94837.00 9036.00 82265.09 2014-06-30 EUR Million [+]
GDP per capita 34239.89 2012-12-31 34405.38 34982.13 11154.40 34179.78 2014-06-30 USD [+]
GDP per capita PPP 29819.10 2012-12-31 29963.22 30465.50 20242.98 29766.76 2014-06-30 USD [+]
GDP Growth Rate 0.30 2013-12-31 -0.10 1.60 -1.70 0.41 2014-06-30 Percent [+]
GDP Annual Growth Rate 0.80 2013-12-31 0.30 4.90 -3.90 0.44 2014-06-30 Percent [+]
GDP 2612.90 2012-12-31 2779.70 2831.80 62.70 2491.21 2014-06-30 USD Billion [+]

GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


French Inflation Rate Slows in March  
French annual consumer prices decelerated in March of 2014 to 0.6 percent, the lowest rate since October last year. On a monthly basis, prices rose 0.4 percent, down from 0.6 percent in February.
French Trade Deficit Narrows to 4-1/2-Year Low  
In February of 2014, French trade deficit decreased to € 3.37 billion, down from a € 5.6 billion gap a month earlier and in the same month last year. It is the lowest trade deficit since July of 2009, mainly due to a fall in imports.
French GDP Growth Confirmed at 0.3% in Q4  
The French economy advanced 0.3 percent in the final quarter of 2013, in line with the first estimate and recovering from a 0.1 percent contraction in the previous three months.
French Inflation Rate Accelerates in February  
French consumer prices increased to 0.9 percent year-on-year in February of 2014, after remaining steady at 0.7 percent in each of the previous three months. On a monthly basis, prices accelerated to 0.6 percent after a decline of 0.6 percent in January.
French Trade Deficit Widens in January  
French trade deficit increased in January of 2014 to a seasonally adjusted € 5.7 billion from € 5.2 billion in the previous month and € 5.4 billion a year earlier. Exports declined hurt by lower sales of manufactured goods, art and arms and imports remained almost unchanged.
French Unemployment Rate Falls in Q4  
France's jobless rate decreased to 10.2 percent in the last quarter of 2013, down from a revised 10.3 percent in the previous three-month period. The unemployment rate was calculated under a new method significantly lowering the jobless level.
French CPI Unchanged in January  
In January of 2014, French annual inflation rate remained steady at 0.7 percent for the second straight month. From December to January, prices fell 0.6 percent, after a 0.3 percent drop in the previous period.
French Economy Rebounds in Q4  
French GDP rose 0.3 percent In the fourth quarter of 2013 over the previous three month period due to increased household consumption and investment.
France Trade Deficit Falls in 2013  
France's trade deficit shrank by 6 billion euros to 61.2 billion euros in 2013, its lowest level since 2010 as imports fell faster than exports.
French Inflation Rate Stable at 0.7% in December  
In December of 2013, French annual inflation rate remained steady at 0.7 percent, the same rate recorded in the previous month. On a monthly basis, prices rose for the first time in three months by 0.3 percent due to higher cost of transport, communication and fresh food.


Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
Japanese Trade Deficit Widens in March  
Japan’s trade gap increased to a wider-than-expected ¥ 1446.3 billion in March of 2014, up from a revised ¥ 802.5 billion deficit in the previous month and a ¥ 356.9 billion gap a year earlier, as energy imports continued to rise.
Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.

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