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France

Headline economic indicators for France, with the most recent official readings.

Prices

Prices — France
Indicator Value Change
Inflation rate · 0.9% -1.05 (-52.7%)
Consumer price index · 127.7 +1.19 (+0.9%)
Inflation rate (monthly) · 3.4% +0.80 (+30.8%)
Harmonised consumer price index · 128.7 -0.38 (-0.3%)
House price index (quarterly) · 125.8 -1.10 (-0.9%)
House price inflation, year on year (quarterly) · -0.8% -0.87 (-1,099.4%)
Real house price index (quarterly) · 96.3 -2.67 (-2.7%)
Real house price growth, year on year (quarterly) · -2.8% -1.97 (-226.3%)
Producer prices, year on year (monthly) · 8.2% +2.10 (+34.4%)
GDP deflator inflation · 1.2% -0.91 (-43.7%)

GDP

GDP — France
Indicator Value Change
GDP growth rate · 0.8% -0.35 (-29.4%)
GDP per capita · 48,985.73 +2,883 (+6.3%)
GDP growth, quarter on quarter · -0.1% -0.10
GDP growth, year on year (quarterly) · -0.1% -0.60 (-120.0%)
Industrial production, year on year (monthly) · 0.4% +1.30 (+144.4%)
Retail sales volume, year on year (monthly) · 2.8% -0.30 (-9.7%)
Economic sentiment indicator (monthly) · 96.1 +0.10 (+0.1%)
Consumer confidence (monthly) · -21.9 -3.40 (-18.4%)
GDP per capita, long-run history · 39,066 +823.57 (+2.2%)
GDP · 3,366,315,927,447.33 +205,873,304,982 (+6.5%)
GDP, PPP · 4,396,407,858,115 +110,247,054,050 (+2.6%)
GDP per capita, PPP · 63,975 +1,451 (+2.3%)
GDP per capita growth · 0.6% -0.33 (-35.9%)
GNI per capita · 48,630 +3,470 (+7.7%)
Agriculture to GDP · 1.4% +0.10 (+8.0%)
Industry to GDP · 16.8% -0.43 (-2.5%)
Manufacturing to GDP · 9.5% -0.08 (-0.8%)
Services to GDP · 70.9% -0.06 (-0.1%)
Household consumption to GDP · 54.1% -0.53 (-1.0%)
Gross capital formation to GDP · 21.9% +0.42 (+2.0%)
Gross savings to GDP · 21.6% +0.14 (+0.6%)

Labour

Labour — France
Indicator Value Change
Unemployment rate · 7.5% +0.14 (+1.9%)
Unemployment rate (monthly) · 8.5% +0.20 (+2.4%)
Labour force participation rate · 55.3% -0.32 (-0.6%)
Female labour force participation rate · 51.5% -0.29 (-0.6%)
Youth unemployment rate · 18.9% +0.29 (+1.5%)
Employment to population ratio · 51.2% -0.37 (-0.7%)
Employment in agriculture · 2.3% -0.06 (-2.4%)
Employment in industry · 19.3% -0.20 (-1.0%)
Employment in services · 78.3% +0.26 (+0.3%)

Money

Money — France
Indicator Value Change
Central bank policy rate · 2.7% +0.25 (+10.4%)
ECB deposit facility rate · 2.5% +0.25 (+11.1%)
Real effective exchange rate (monthly) · 94.7 -0.84 (-0.9%)
Nominal effective exchange rate (monthly) · 103.5 -0.10 (-0.1%)
Private sector credit to GDP (quarterly) · 214.3% -0.31 (-0.1%)
Credit-to-GDP gap (quarterly) · -15.74 pp -0.27 (-1.8%)
Debt service ratio, private sector (quarterly) · 19.9% +0.10 (+0.5%)
Debt service ratio, households (quarterly) · 6.0% +0.00 (+0.0%)
Debt service ratio, non-financial corporations (quarterly) · 58.2% +0.20 (+0.3%)
Cost of borrowing for house purchase (monthly) · 3.2% +0.02 (+0.6%)
Cost of borrowing for corporations (monthly) · 3.7% +0.07 (+1.9%)
10-year government bond yield (monthly) · 4.4% +0.44 (+11.0%)
Private sector credit to GDP · 107.6% -4.98 (-4.4%)
Bank deposit rate · 0.8% +0.03 (+4.5%)
Stock market capitalization to GDP · 85.1% -21.14 (-19.9%)
Bank nonperforming loans · 2.1% +0.03 (+1.3%)
Official exchange rate · 0.88 -0.04 (-4.2%)

Trade

Trade — France
Indicator Value Change
Current account to GDP · -0.3% -0.00 (-1.3%)
Exports to GDP · 33.4% -0.50 (-1.5%)
Imports to GDP · 33.8% -0.42 (-1.2%)
Trade to GDP · 67.2% -0.92 (-1.3%)
Exports of goods and services · 1,124,107,902,931.06 +53,041,665,459 (+5.0%)
Imports of goods and services · 1,137,799,795,606.86 +56,345,844,538 (+5.2%)
Trade balance, goods and services (annual) · -12,926,544,038.68 -1,262,064,199 (-10.8%)
Current account balance (annual) · -11,152,257,703.26 -815,377,299 (-7.9%)
Foreign direct investment to GDP · 1.8% +0.12 (+7.2%)
Remittances received to GDP · 1.3% +0.03 (+2.7%)
Total reserves, including gold · 428,208,373,515.73 +145,351,010,202 (+51.4%)
Reserves in months of imports · 3.4 +1.06 (+45.0%)

Government

Government — France
Indicator Value Change
Government debt to GDP (quarterly) · 119.1% +1.40 (+1.2%)
Government revenue to GDP · 42.1% +0.46 (+1.1%)
Government expense to GDP · 47.3% -1.60 (-3.3%)
Tax revenue to GDP · 22.8% -0.40 (-1.7%)
Government budget balance to GDP · -5.2% -0.21 (-4.1%)
Government consumption to GDP · 24.4% +0.18 (+0.8%)
Education spending to GDP · 5.3% -0.09 (-1.7%)
Health spending to GDP · 11.5% +0.02 (+0.1%)

Demography

Demography — France
Indicator Value Change
Population · 68,720,337 +168,684 (+0.2%)
Population, long-run history · 68,387 +272.59 (+0.4%)
Population growth · 0.2% -0.02 (-6.2%)
Life expectancy · 83.0 +0.15 (+0.2%)
Fertility rate · 1.61 -0.05 (-3.0%)
Birth rate · 9.7 -0.20 (-2.0%)
Death rate · 9.4 +0.00 (+0.0%)
Urban population share · 78.8% +0.04 (+0.1%)
Population aged 65 and over · 22.5% +0.40 (+1.8%)
Under-five mortality rate · 4.3 +0.00 (+0.0%)
Population density · 127.2 +0.33 (+0.3%)
Net migration · 91,737 +1,210 (+1.3%)
Gini index · 31.8 +0.60 (+1.9%)

Source: Bank for International Settlements (BIS). Translated titles are not official BIS translations.

Source: ECB

Source: ECB euro foreign exchange reference rates

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

France

Economies nearby

Comparable readings from neighbouring economies.