France's economy grew by 1.1% year-on-year during the first quarter of 2024, accelerating from an upwardly revised 0.8% expansion in the previous three-month period and beating market expectations of 0.9%, a preliminary estimate showed. source: INSEE, France

GDP Annual Growth Rate in France averaged 3.01 percent from 1950 until 2024, reaching an all time high of 17.90 percent in the second quarter of 2021 and a record low of -18 percent in the second quarter of 2020. This page provides the latest reported value for - France GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2024.

GDP Annual Growth Rate in France is expected to be 0.80 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
2024-02-29 07:45 AM YoY Final Q4 0.7% 0.6% 0.7%
2024-04-30 05:30 AM YoY Prel Q1 1.1% 0.8% 0.9% 1.2%
2024-05-31 06:45 AM YoY Final Q1 0.8% 1.1% 1.1%


Related Last Previous Unit Reference
Full Year GDP Growth 0.90 2.50 percent Dec 2023
GDP Growth Rate YoY 1.10 0.80 percent Mar 2024
GDP Constant Prices 593815.00 593504.00 EUR Million Dec 2023
GDP from Agriculture 8138.00 8113.00 EUR Million Dec 2023
GDP from Construction 26383.00 26604.00 EUR Million Dec 2023
GDP from Manufacturing 56961.00 56853.00 EUR Million Dec 2023
GDP from Services 312927.00 312723.00 EUR Million Dec 2023
GDP from Transport 19551.00 19695.00 EUR Million Dec 2023
GDP from Utilities 11408.00 11475.00 EUR Million Dec 2023
GDP Growth Rate 0.20 0.10 percent Mar 2024
Gross Fixed Capital Formation 144638.00 145886.00 EUR Million Dec 2023

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
1.10 0.80 17.90 -18.00 1950 - 2024 percent Quarterly
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