France's economy grew by 6.8 percent in 2021, the strongest pace of expansion since 1969, after a 7.8 percent contraction in 2020 when strict coronavirus lockdowns were in force, revised data showed. The Eurozone's second-biggest economy has recovered to pre-crisis levels of activity in the third quarter as a vaccination campaign gained momentum and the government eased COVID-19 restrictions. source: INSEE, France

Full Year GDP Growth in France averaged 2.97 percent from 1951 until 2021, reaching an all time high of 8 percent in 1960 and a record low of -7.80 percent in 2020. This page includes a chart with historical data for France Full Year GDP Growth. France Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Full Year GDP Growth in France is expected to reach 2.50 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Full Year GDP Growth is projected to trend around 0.50 percent in 2023 and 1.20 percent in 2024, according to our econometric models.

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France Full Year GDP Growth

Related Last Previous Unit Reference
GDP Growth Rate 0.50 -0.20 percent Jun 2022
GDP Annual Growth Rate 4.20 4.80 percent Jun 2022
GDP 2937.47 2630.32 USD Billion Dec 2021

France Full Year GDP Growth
France is the seventh largest economy in the world and the second largest in the Euro Area. France has a large and diversified industrial and agricultural base which includes aircraft, military equipment, perfumes, pharmaceuticals, wine, beef and wheat production. With at least 82 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. Services are the biggest sector of the economy (79 percent of total GDP) while industry accounts for 19 percent. Agriculture contributes 2 percent to GDP, yet France is the second largest exporter of agricultural products in the world.
Actual Previous Highest Lowest Dates Unit Frequency
6.80 -7.80 8.00 -7.80 1951 - 2021 percent Yearly