France's quarterly economic growth was confirmed at 0.3 percent in the third quarter of 2019, the same rate as in the previous three-month period. Household consumption and fixed investment continued to expand while both net external demand and inventory changes contributed negatively to the GDP. GDP Growth Rate in France averaged 0.78 percent from 1949 until 2019, reaching an all time high of 8 percent in the third quarter of 1968 and a record low of -5.30 percent in the second quarter of 1968. source: INSEE, France
GDP Growth Rate in France is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in France to stand at 0.30 in 12 months time. In the long-term, the France GDP Growth Rate is projected to trend around 0.40 percent in 2020, according to our econometric models.