Fourth consecutive slowdown disappoints markets: The Philippines’ GDP grew 2.3% in annual terms in Q2, following 2.8% growth in the...
Economic Growth in France
France's GDP growth over the last decade was modest, reflecting broader European economic trends, despite the Macron government introducing some liberalizing economic reforms. The economy experienced a sharp downturn due to the COVID-19 pandemic followed by a swift recovery, but by 2023-2024 had returned to the typically tepid growth rates seen pre-pandemic.
In the year 2024, the economic growth in France was 1.14%, compared to 1.02% in 2014 and 1.11% in 2023. It averaged 1.16% over the last decade. For more GDP information, visit our dedicated page.
France GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for France from 2014 to 2025.
Source: Macrobond.
France GDP Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Economic Growth (Real GDP, ann. var. %) | 6.8 | 2.8 | 1.8 | 1.4 | 0.9 |
| GDP (EUR bn) | 2,505 | 2,653 | 2,838 | 2,937 | 2,995 |
| Economic Growth (Nominal GDP, ann. var. %) | 8.1 | 5.9 | 7.0 | 3.5 | 2.0 |
Economy rebounds in Q2 2026
Q2 rebound in line with market expectations: France's GDP expanded 0.2% in seasonally adjusted quarter-on-quarter terms in Q2, following a 0.1% contraction in the prior quarter. Q2’s print matched market expectations, but fell short of the prior five-year average and that of the euro area. On a year-on-year basis, the economy increased 0.7% in Q2, following 0.8% growth in the prior quarter.
Economy returns to growth on broad-based gains: Relative to the prior quarter's data, readings in Q2 improved for private consumption (+0.2% on a seasonally adjusted quarter-on-quarter basis vs -0.3% in Q1), government consumption (+0.4% vs +0.3% in Q1), fixed investment (-0.3% vs -0.8% in Q1), exports of goods and services (+2.6% vs -3.1% in Q1) and imports of goods and services (+0.8% vs -0.7% in Q1).
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects French GDP projections for the next ten years from a panel of 60 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for French GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our French GDP projections.
Want to get access to the full dataset of French GDP forecasts? Send an email to info@focus-economics.com.
Latest Global GDP News
-
Philippines: Economic growth slows in the second quarter of 2026 -
Indonesia: Economic growth eases in the second quarter of 2026 GDP growth cools less than markets had expected: Indonesia’s GDP expanded 5.3% on a year-on-year basis in Q2, following a... -
Taiwan: Economic growth decelerates in the second quarter of 2026 GDP reading: Taiwan’s GDP expanded 12.9% in annual terms in Q2, following 14.5% growth in the prior quarter. Though down... -
Hong Kong: Economic growth decelerates in the second quarter of 2026 GDP reading: Hong Kong’s GDP increased 4.3% on a year-on-year basis in Q2, following a 5.9% expansion in the previous... -
Serbia: Economic growth accelerates in the second quarter of 2026 GDP reading: Serbia’s GDP increased 3.6% on a year-on-year basis in Q2, following a 3.2% expansion in the prior quarter.... -
Canada: Economic growth ebbs in May GDP reading: GDP was up 0.3% on a seasonally adjusted month-on-month basis in May, following a 0.6% increase in the... -
Costa Rica: Economic growth ebbs in the second quarter of 2026 GDP growth slows to over five-year low: According to a flash estimate, Costa Rica’s GDP grew 2.7% on a year-on-year...