The French economy expanded 1% year-on-year in the second quarter of 2024, revising lower from the initial estimates of 1.1%, and slowing from a 1.5% growth in the previous three-month period. GDP Annual Growth Rate in France averaged 3.05 percent from 1950 until 2024, reaching an all time high of 17.40 percent in the second quarter of 2021 and a record low of -17.20 percent in the second quarter of 2020. source: INSEE, France

GDP Annual Growth Rate in France is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France GDP Annual Growth Rate is projected to trend around 1.40 percent in 2025 and 1.70 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-07-30 05:30 AM YoY Prel Q2 1.1% 1.5% 0.8%
2024-08-30 06:45 AM YoY Final Q2 1% 1.5% 1.1% 1.1%
2024-10-30 06:30 AM YoY Prel Q3 1% 0.7%


Related Last Previous Unit Reference
Full Year GDP Growth 0.90 2.50 percent Dec 2023
GDP Growth Rate YoY 1.00 1.50 percent Jun 2024
GDP Constant Prices 648399.00 647338.00 EUR Million Jun 2024
GDP from Agriculture 8179.00 8138.00 EUR Million Mar 2024
GDP from Construction 26330.00 26425.00 EUR Million Mar 2024
GDP from Manufacturing 57014.00 56996.00 EUR Million Mar 2024
GDP from Services 315721.00 313819.00 EUR Million Mar 2024
GDP from Transport 19740.00 19675.00 EUR Million Mar 2024
GDP from Utilities 11273.00 11535.00 EUR Million Mar 2024
GDP Growth Rate 0.20 0.30 percent Jun 2024
Gross Fixed Capital Formation 141470.00 141997.00 EUR Million Jun 2024

France GDP Annual Growth Rate
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
1.00 1.50 17.40 -17.20 1950 - 2024 percent Quarterly
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