France GDP Growth Rate  1949-2018 | Data | Chart | Calendar | Forecast

The French economy advanced 0.2 percent on quarter in the three months to March of 2018, unrevised from the second estimate and after a 0.7 percent growth in the previous period, final figure showed. It is the weakest pace of expansion since the September quarter 2016. Year-on-year, the economy expanded 2.2 percent in the first quarter, matching the second estimates and following a 2.8 percent growth in the previous quarter. GDP Growth Rate in France averaged 0.78 percent from 1949 until 2018, 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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French Q1 GDP Growth Confirmed at 0.2%


The French economy advanced 0.2 percent on quarter in the three months to March of 2018, unrevised from the second estimate and after a 0.7 percent growth in the previous period, final figure showed. It is the weakest pace of expansion since the September quarter 2016.

In the first quarter, positive contribution to GDP growth came from final domestic demand (0.2 percentage points). Meanwhile, net foreign trade had a negative contribution of 0.1 percentage points and changes in inventories gave no contribution to growth.

Within domestic demand, gross fixed capital formation rose by 0.2 percent, much slower than a 0.9 percent rise in the previous quarter, mainly due to a sharp slowdown in corporate investment (0.1 percent from 1.2 percent in the December quarter). In addition, household spending increased by 0.1 percent, following a 0.2 percent gain in the preceding period. Meantime, government expenditure went up 0.3 percent, the same as in the prior quarter.

Exports declined by 0.3 percent, reversing from a 2.4 percent growth in the prior quarter. Meantime, imports fell 0.1 percent, after a 0.3 percent rise in the previous period.

Year-on-year, the economy expanded by 2.2 percent in the first quarter, matching the second estimates  and following a 2.8 percent growth in the previous quarter.


Insee l Rida | rida@tradingeconomics.com
6/22/2018 7:16:15 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-04-27 05:30 AM GDP Growth Rate QoQ 1st Est 0.3% 0.7% 0.4% 0.4%
2018-05-30 06:45 AM GDP Growth Rate QoQ 2nd Est 0.2% 0.7% 0.2% 0.3%
2018-06-22 06:45 AM GDP Growth Rate QoQ Final 0.2% 0.7% 0.2% 0.2%
2018-07-27 05:30 AM GDP Growth Rate QoQ 1st Est 0.3% 0.3% 0.5%
2018-08-29 06:45 AM GDP Growth Rate QoQ 2nd Est 0.2%
2018-09-22 06:45 AM GDP Growth Rate QoQ Final 0.2%


France GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 0.70 7.70 -5.00 percent [+]
GDP Annual Growth Rate 2.20 2.80 12.50 -3.80 percent [+]
GDP 2582.50 2465.13 2918.38 62.65 USD Billion [+]
GDP Constant Prices 568759.00 567791.00 568759.00 68907.00 EUR Million [+]
Gross Fixed Capital Formation 129680.00 129405.00 129680.00 11800.00 EUR Million [+]
GDP per capita 42567.74 41968.98 42567.74 12991.27 USD [+]
GDP per capita PPP 38605.67 38062.64 38605.67 29514.85 USD [+]
GDP From Agriculture 8351.00 8382.00 8843.00 2165.00 EUR Million [+]
GDP From Construction 24993.00 24918.00 30385.00 6440.00 EUR Million [+]
GDP From Manufacturing 56012.00 56590.00 56590.00 7291.00 EUR Million [+]
GDP From Services 283585.00 282094.00 283585.00 26222.00 EUR Million [+]
GDP From Transport 23910.00 23553.00 23910.00 1600.00 EUR Million [+]
GDP From Utilities 11178.00 10938.00 12753.00 535.00 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.70 7.70 -5.00 1949 - 2018 percent Quarterly




GDP growth rate by Country
Country Last
Turkey 2.00 Mar/18
United States 2.00 Mar/18
India 1.90 Mar/18
China 1.80 Jun/18
Mexico 1.10 Mar/18
Australia 1.00 Mar/18
South Korea 1.00 Mar/18
Russia 0.85 Mar/18
Spain 0.70 Mar/18
Netherlands 0.60 Mar/18
Switzerland 0.60 Mar/18
Brazil 0.40 Mar/18
Euro Area 0.40 Mar/18
Canada 0.30 Mar/18
Germany 0.30 Mar/18
Italy 0.30 Mar/18
France 0.20 Mar/18
United Kingdom 0.20 Mar/18
Japan -0.20 Mar/18
Indonesia -0.42 Mar/18


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