France’s real Gross Domestic Product (GDP) registered one of its lowest growth in 2009 (-2.9 percent). One year after the 2008 financial crisis, France faced economic issues. The unemployment rate in the country went from 7.4 percent in 2008 up to 9.1 percent in 2009. Since then, France’s GDP at current prices remained stable, being the second or third largest economy in Europe depending on the year. However, in 2020, during the economic crisis caused by the coronavirus pandemic, the gross domestic product decreases by 7.5 percent in volume. By 2024, it had re-increased by 1.6 percent The evolution of France’s GDP This graph shows that the real GDP in France reached its highest growth in 2021 with 6.9 percent and its lowest in 2020 with -7.4 percent. Apart from these two years and 2009, France’s GDP growth fluctuated between 0.3 and 3.9 percent. The GDP, which is an economic construct that measures a country’s production, is an important indicator of the economic strength of this country. Public debt in France Since 2007, the public debt of France continuously rose reaching 111 percent of the GDP in 2023. France appears to be one of the industrialized countries that borrowed the most abroad and has a public debt higher than the Euro Zone average. In absolute numbers, the country's debt amounted to approximately 3.3 trillion US dollars in 2023.

The Gross Domestic Product (GDP) in France expanded 0.50 percent in the third quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - France GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic depicts France's real gross domestic product (GDP) growth rate from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, France's real GDP grew by about 1.07 percent compared to the previous year. Unemployment in France France has one of the largest economies in the world and is the second largest economy in the European Union, behind Germany, with whom France often partnered in order to support the structure of the European Union. France is also the fourth most populated country in Europe and has maintained slow population growth since the mid 2000s. Despite being not only a European but also a global economic power, France struggled with maintaining a low unemployment rate and experienced a significant increase in unemployment after the 2008 crash, just like many other prominent industrial countries. However, unlike these other nations, unemployment continued to rise well into the 2010s, while the employment situations in neighboring and international countries improved almost every year. The lack of working opportunities is related to the Eurozone crisis that primarily affected southern European countries, such as Spain, Portugal and Italy.

The Gross Domestic Product (GDP) in France was worth 3162.08 billion US dollars in 2024, according to official data from the World Bank. The GDP value of France represents 2.98 percent of the world economy. This dataset provides the latest reported value for - France GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Due to the outbreak of coronavirus (COVID-19), the gross domestic product of France could decrease by **** to **** percent in 2020. The largest decrease might be registered if a second wave of infections, with renewed lock-downs, hits the country before the end of 2020.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Facts and Figures page.

The Gross Domestic Product (GDP) in France expanded 0.90 percent in the third quarter of 2025 over the same quarter of the previous year. This dataset 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.

Key information about France Real GDP Growth

• The Gross Domestic Product (GDP) in France expanded 0.9 % YoY in Sep 2025, following a growth of 0.7 % in the previous quarter.
• Real GDP Growth YoY data in France is updated quarterly, available from Mar 1950 to Sep 2025, with an average rate of 3.8 %.
• The data reached an all-time high of 17.1 % in Jun 2021 and a record low of -17.1 % in Jun 2020.

• In the latest reports, Nominal GDP of France reached 875.2 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) increased 0.9 % in Sep 2025.
• GDP Per Capita in France reached 46,068.9 USD in Dec 2024.
• Its Gross Savings Rate was measured at 14.2 % in Dec 2017.
• For Nominal GDP contributions, Investment accounted for 21.5 % in Sep 2025.
• Public Consumption accounted for 24.3 % in Sep 2025.
• Private Consumption accounted for 54.3 % in Sep 2025.

Since 2008, and despite the beginning of the financial and economic crisis, France’s GDP has increased gradually. In 2023, the GDP of France reached ***** billion euros, compared to ******* billion euros in 2008. However, with the economic crisis caused by the coronavirus pandemic, it had fallen by almost ***** percent by 2020. Member of the European Union and of the G7, France is one of the leading industrialized country worldwide and in Europe. In 2024, the country's GDP amounted to ******* billion euros. A GDP that is expected to increase in the coming years For a few years now, the GDP of France has increased every year. Only 2009 and 2020 marked a decline in GDP compared to the previous year. Studies have shown that the GDP of France is supposed to increase in the years to come. In 2028, the GDP of France is expected to reach ***** billion U.S dollars. Projections of the real GDP of the country have also shows that it is supposed to grow by between *** and **** percent from 2023 to 2028. An economy that is doing better According to World Bank, services contributed to more than ** percent of the GDP of France. France is ranked in the top 20 export countries worldwide, despite a share of the industry sector in the GDP which has declined in the past years. The country has seen its number of exporting companies rising since 2016, with ****** billion U.S dollars worth of goods which were exported from France that year. France had a total business economy annual turnover of *** trillion euros in 2020 and its employment rate has remained steady in the past years.

France GDP Growth Tracker: Yo2Y data was reported at 9.814 % in 23 Apr 2023. This records an increase from the previous number of 9.709 % for 16 Apr 2023. France GDP Growth Tracker: Yo2Y data is updated weekly, averaging 0.548 % from May 2020 (Median) to 23 Apr 2023, with 155 observations. The data reached an all-time high of 34.381 % in 10 Apr 2022 and a record low of -12.286 % in 10 May 2020. France GDP Growth Tracker: Yo2Y data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s France – Table FR.OECD.WT: GDP Growth Tracker: Weekly.

France: Economic freedom, overall index (0-100): The latest value from 2025 is 64 index points, an increase from 63 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for France from 1995 to 2025 is 62 index points. The minimum value, 57 index points, was reached in 2000 while the maximum of 66 index points was recorded in 2020.

GDP: GVA: CL 2020p: OS: Other Services Activities data was reported at 33.951 EUR bn in 2023. This records an increase from the previous number of 33.498 EUR bn for 2022. GDP: GVA: CL 2020p: OS: Other Services Activities data is updated yearly, averaging 20.253 EUR bn from Dec 1959 (Median) to 2023, with 65 observations. The data reached an all-time high of 33.951 EUR bn in 2023 and a record low of 9.780 EUR bn in 1959. GDP: GVA: CL 2020p: OS: Other Services Activities data remains active status in CEIC and is reported by National Institute of Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.A024: ESA 2010: GDP: by Industry: Chain Linked 2020 Prices.

France: Economic growth: the rate of change of real GDP: The latest value from 2024 is 1.17 percent, an increase from 0.94 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for France from 1961 to 2024 is 2.67 percent. The minimum value, -7.44 percent, was reached in 2020 while the maximum of 7.11 percent was recorded in 1969.

France's economy posted a slight growth in the first quarter of 2025. This follows a period of fluctuations in 2020, when the country recorded a historic contraction of **** percent in the second quarter, followed by a record rebound of **** percent in the third quarter.

France - Real GDP growth rate was 1.20% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for France - Real GDP growth rate - last updated from the EUROSTAT on December of 2025. Historically, France - Real GDP growth rate reached a record high of 6.90% in December of 2021 and a record low of -7.40% in December of 2020.

France GDP Counterfactual Tracker: % Change from Pre-Crisis Trend: High data was reported at 0.580 % in 30 Jan 2022. This records a decrease from the previous number of 1.366 % for 23 Jan 2022. France GDP Counterfactual Tracker: % Change from Pre-Crisis Trend: High data is updated weekly, averaging -1.947 % from May 2020 (Median) to 30 Jan 2022, with 91 observations. The data reached an all-time high of 2.509 % in 27 Jun 2021 and a record low of -8.530 % in 10 May 2020. France GDP Counterfactual Tracker: % Change from Pre-Crisis Trend: High data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s France – Table FR.OECD.WT: GDP Growth Tracker: Weekly.

Graph and download economic data for Insurance Company Assets to GDP for France (DDDI11FRA156NWDB) from 1994 to 2020 about companies, France, insurance, assets, and GDP.

France: Financial system deposits, percent of GDP: The latest value from 2021 is 106.66 percent, a decline from 109.99 percent in 2020. In comparison, the world average is 69.41 percent, based on data from 138 countries. Historically, the average for France from 1960 to 2021 is 56.98 percent. The minimum value, 17.45 percent, was reached in 1960 while the maximum of 109.99 percent was recorded in 2020.

GDP: GVA: CL 2020p: NS: Public Adm & Defense, Compul Social Security data was reported at 173.989 EUR bn in 2023. This records a decrease from the previous number of 176.979 EUR bn for 2022. GDP: GVA: CL 2020p: NS: Public Adm & Defense, Compul Social Security data is updated yearly, averaging 126.713 EUR bn from Dec 1959 (Median) to 2023, with 65 observations. The data reached an all-time high of 176.979 EUR bn in 2022 and a record low of 52.814 EUR bn in 1959. GDP: GVA: CL 2020p: NS: Public Adm & Defense, Compul Social Security data remains active status in CEIC and is reported by National Institute of Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.A024: ESA 2010: GDP: by Industry: Chain Linked 2020 Prices.

GDP: GVA: CL 2020p: MS: PS: Legal, Accounting, Mgt, Architect, Eng data was reported at 138.788 EUR bn in 2023. This records an increase from the previous number of 134.928 EUR bn for 2022. GDP: GVA: CL 2020p: MS: PS: Legal, Accounting, Mgt, Architect, Eng data is updated yearly, averaging 52.879 EUR bn from Dec 1959 (Median) to 2023, with 65 observations. The data reached an all-time high of 138.788 EUR bn in 2023 and a record low of 9.408 EUR bn in 1959. GDP: GVA: CL 2020p: MS: PS: Legal, Accounting, Mgt, Architect, Eng data remains active status in CEIC and is reported by National Institute of Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.A024: ESA 2010: GDP: by Industry: Chain Linked 2020 Prices.

Household debt to GDP, in percent in France, March, 2025 The most recent value is 60.2 percent as of March 2025, a decline compared to the previous value of 60.5 percent. Historically, the average for France from March 1999 to March 2025 is 51.65 percent. The minimum of 33.7 percent was recorded in March 1999, while the maximum of 68.2 percent was reached in December 2020. | TheGlobalEconomy.com