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.

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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

Recent Releases

French Q1 GDP Growth Revised Lower to 0.2%
The French economy expanded by 0.2 percent on quarter in the three months to March of 2018, slightly below a preliminary estimate of 0.3 percent and following a 0.7 percent growth in the previous period. It was the weakest pace of expansion since the third quarter of 2016.
Published on 2018-05-30

French Q1 GDP Growth Weakest in 1-1/2 Years
The French economy expanded by 0.3 percent on quarter in the three months to March 2018, easing from a 0.7 percent growth in the previous quarter and missing market expectations of 0.4 percent. It was the weakest pace of expansion since the third quarter of 2016.
Published on 2018-04-27

French Q4 GDP Growth Revised Up to 0.7%
The French economy grew by 0.7 percent on quarter in the three months to December of 2017, beating earlier estimates of 0.6 percent and following a 0.5 percent expansion in the previous quarter. Exports rose faster than initially thought.
Published on 2018-03-26

French Q4 GDP Growth Confirmed at 0.6%
The French economy grew by 0.6 percent on quarter in the three months to December of 2017, unrevised from the preliminary estimate and following a 0.5 percent expansion in the previous quarter.
Published on 2018-02-28

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

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GDP growth rate by Country

Country	Last		Previous	Highest	Lowest
Turkey	2.00	Mar/18	1.7	5.6	-5.2	%	Quarterly
United States	2.00	Mar/18	2.9	16.9	-10	%	Quarterly
India	1.90	Mar/18	1.8	5.4	-1.7	%	Quarterly
China	1.80	Jun/18	1.4	2.4	1.3	%	Quarterly
Mexico	1.10	Mar/18	0.9	3.2	-5.7	%	Quarterly
Australia	1.00	Mar/18	0.5	4.4	-2	%	Quarterly
South Korea	1.00	Mar/18	-0.2	7.8	-7	%	Quarterly
Russia	0.85	Mar/18	-0.33	4.1	-5.4	%	Quarterly
Spain	0.70	Mar/18	0.7	1.6	-1.6	%	Quarterly
Netherlands	0.60	Mar/18	0.9	1.7	-3.2	%	Quarterly
Switzerland	0.60	Mar/18	0.6	2.3	-1.6	%	Quarterly
Brazil	0.40	Mar/18	0.2	3.6	-4.1	%	Quarterly
Euro Area	0.40	Mar/18	0.7	1.3	-2.9	%	Quarterly
Canada	0.30	Mar/18	0.4	3.1	-2.3	%	Quarterly
Germany	0.30	Mar/18	0.6	4	-4.5	%	Quarterly
Italy	0.30	Mar/18	0.4	6	-2.8	%	Quarterly
France	0.20	Mar/18	0.7	7.7	-5	%	Quarterly
United Kingdom	0.20	Mar/18	0.4	5	-2.7	%	Quarterly
Japan	-0.20	Mar/18	0.3	3.2	-4.9	%	Quarterly
Indonesia	-0.42	Mar/18	-1.7	4.01	-3.57	%	Quarterly