The French economy shrank 3.9 percent year-on-year in the third quarter of 2020, compared to initial estimates of a 4.3 percent decline. source: INSEE, France

GDP Annual Growth Rate in France averaged 3.01 percent from 1950 until 2020, reaching an all time high of 12.60 percent in the second quarter of 1969 and a record low of -18.90 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 - values, historical data and charts - was last updated on December of 2020.

GDP Annual Growth Rate in France is expected to be -3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in France to stand at 2.50 in 12 months time. In the long-term, the France GDP Annual Growth Rate is projected to trend around 2.70 percent in 2021 and 1.90 percent in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
France GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
-3.90 -18.90 12.60 -18.90 1950 - 2020 percent Quarterly

France GDP Last Previous Highest Lowest Unit
GDP Growth Rate 18.70 -13.80 18.70 -13.80 percent [+]
GDP Annual Growth Rate -3.90 -18.90 12.60 -18.90 percent [+]
GDP 2715.52 2787.86 2918.38 62.23 USD Billion [+]
GDP Constant Prices 559361.00 471370.00 582048.00 66592.00 EUR Million [+]
Gross Fixed Capital Formation 131716.00 106298.00 138806.00 11871.00 EUR Million [+]
GDP per capita 44317.40 43720.00 44317.40 12743.90 USD [+]
GDP per capita PPP 46183.50 45561.00 46183.50 33893.60 USD [+]
GDP From Agriculture 8024.00 7998.00 8666.00 2105.00 EUR Million [+]
GDP From Construction 27242.00 19808.00 33609.00 7105.00 EUR Million [+]
GDP From Manufacturing 52834.00 42692.00 58415.00 7643.00 EUR Million [+]
GDP From Services 283842.00 243757.00 298133.00 26341.00 EUR Million [+]
GDP From Transport 20169.00 15822.00 22850.00 1629.00 EUR Million [+]
GDP From Utilities 11335.00 10134.00 15241.00 658.00 EUR Million [+]

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.