This statistic shows the gross domestic product (GDP) in France from 1987 to 2024, with a projection 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. In 2024, the GDP in France was around 3.16 trillion U.S. dollars. Economy of France France is an economically developed nation and one of the members of the G7. France is also considered to be one of the leading countries in Europe, often seen as the second most important nation in the European Union behind Germany. France has a relatively high gross domestic product (GDP), being one of the top 10 countries with the largest GDP in the world in 2014. Despite this, the country is still ranked in the top 20 in regards to its public debt compared to its GDP in the same year. A high debt-to-GDP ratio demonstrates a country’s ability to produce and sell goods and services in order to be able to pay back its debts, however producing and selling these goods should not result in more debts. France’s national debt slightly increased year-over-year up until 2014, most notably between 2008 and 2009. Additionally, France reported a large trade deficit in 2012, a value almost 5 times larger compared to the previous year, indicating that the country is importing much more than it is exporting. This often leads to higher debts due to a need to borrow more money to produce goods.

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.

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’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 0.30 percent in the second 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.

Since 1980, Europe's largest economies have consistently been France, Germany, Italy, Spain, and the United Kingdom, although the former Soviet Union's economy was the largest in the 1980s, and Russia's economy has been larger than Spain's since 2010. Since Soviet dissolution, Germany has always had the largest economy in Europe, while either France or the UK has had the second largest economy depending on the year. Italy's economy was of a relatively similar size to that of the UK and France until the mid-2000s when it started to diverge, resulting in a difference of approximately 800 billion U.S dollars by 2018. Russia's economy had overtaken both Italy and Spain's in 2012, but has fallen since 2014 due to the drop in international oil prices and the economic sanctions imposed for its annexation of Crimea - economic growth is expected to be comparatively low in Russia in the coming years due to the economic fallout of its invasion of Ukraine in 2022. In 2025, Germany, now the world's third-largest economy, was estimated at over *** trillion U.S. dollars.

In 2023, the gross domestic product of France was 2.77 trillion euros. The region with the highest GDP that year was Île-de-France, with 860,067 million euros, followed by the Auvergne-Rhône-Alpes region. The regions with the lowest GDP were the overseas regions of Guadeloupe, Martinique, Guyane, and Mayotte.

In 2023, services contributed the most to France's gross domestic product (GDP), with a share of just under 70 percent. Having an economy based on the services sector is a widely recognized marker of an advanced economy. What are the attractions in the services sector? France's economy was about 2.7 trillion U.S. dollars, and its GDP is projected to increase through 2024. The country's services sector relies heavily on the retail and fashion industry, as well as a robust tourist industry: France is the number one tourist location worldwide, with many different types of destinations, including museums, pieces of architecture, beaches, and seaside resorts. France's future France's economic strength is quite steady, as the growth rate of the country's real GDP is continuously positive but incremental. Employment is expected to increase slightly as well, with travel and tourism expected to contribute over 2.8 billion jobs in France.

Gross domestic product (GDP) has increased over the past two decades in the French overseas regions. In French Guiana, for example, it was almost two billion euros in 2000, compared to over **** billion in 2022. The most significant increase, however, concerns the GDP of La Réunion, which has grown by nearly ten billion euros in twenty years. By comparison, the GDP of France was **** trillion US dollars in the same year.

The European Union is comprised of 27 member states who share the European Single Market, a common trade area which ensures the free movement of goods, services, capital, and people. As of 2024, the largest economies in the EU were Germany, France, Italy, Spain, and the Netherlands, with these countries making up the vast majority of the EU's almost 17 trillion Euro GDP. The relatively small island member states of Cyprus and Malta come in at the bottom of the list, with GDPs of around 23 and 33 billion Euros respectively.

The gross domestic product of the United Kingdom was around 2.56 trillion British pounds, an increase when compared to the previous year, when UK GDP amounted to about 2.54 trillion pounds. The significant drop in GDP visible in 2020 was due to the COVID-19 pandemic, with the smaller declines in 2008 and 2009 because of the global financial crisis of the late 2000s. Low growth problem in the UK Despite growing by 0.9 percent in 2024, and 0.4 percent in 2023 the UK economy is not that much larger than it was before the COVID-19 pandemic. Since recovering from a huge fall in GDP in the second quarter of 2020, the UK economy has alternated between periods of contraction and low growth, with the UK even in a recession at the end of 2023. While economic growth picked up somewhat in 2024, GDP per capita is lower than it was in 2022, following two years of negative growth. UK's global share of GDP falling As of 2024, the UK had the sixth-largest economy in the world, behind the United States, China, Japan, Germany, and India. Among European nations, this meant that the UK currently has the second-largest economy in Europe, although the economy of France, Europe's third-largest economy, is of a similar size. The UK's global economic ranking will likely fall in the coming years, however, with the UK's share of global GDP expected to fall from 2.16 percent in 2025 to 2.02 percent by 2029.  

The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2024, with projections up until 2030. The gross domestic product of the United States in 2024 amounted to around 29.18 trillion U.S. dollars. The United States and the economy The United States’ economy is by far the largest in the world; a status which can be determined by several key factors, one being gross domestic product: A look at the GDP of the main industrialized and emerging countries shows a significant difference between US GDP and the GDP of China, the runner-up in the ranking, as well as the followers Japan, Germany and France. Interestingly, it is assumed that China will have surpassed the States in terms of GDP by 2030, but for now, the United States is among the leading countries in almost all other relevant rankings and statistics, trade and employment for example. See the U.S. GDP growth rate here. Just like in other countries, the American economy suffered a severe setback when the economic crisis occurred in 2008. The American economy entered a recession caused by the collapsing real estate market and increasing unemployment. Despite this, the standard of living is considered quite high; life expectancy in the United States has been continually increasing slightly over the past decade, the unemployment rate in the United States has been steadily recovering and decreasing since the crisis, and the Big Mac Index, which represents the global prices for a Big Mac, a popular indicator for the purchasing power of an economy, shows that the United States’ purchasing power in particular is only slightly lower than that of the euro area.

Germany is the country in the European Union which collects the greatest tax revenues each year, with Europe's largest economy collecting almost 1.6 trillion euros in taxes and social security contributions in 2023. France and Italy are the second and third largest tax collectors in terms of revenues in the EU, however, the gap between the two countries had been growing since 2009, as the stagnation of the Italian economy in the past 15 years has limited increases in tax revenues.

By the year 2030, it is projected that China will eclipse the United States and have the largest gross domestic product (GDP) in the world, at 31.7 trillion U.S. dollars. The United States is projected to have the second largest GDP, at 22.9 trillion U.S. dollars.

What is gross domestic product?

Gross domestic product, or GDP, is an economic measure of a country’s production in time. It includes all goods and services produced by a country and is used by economists to determine the health of a country’s economy. However, since GDP just shows the size of an economy and is not adjusted for the country’s size, this can make direct country comparisons complicated.

The growth of the global economy

Currently, the United States has the largest GDP in the world, at 20.5 trillion U.S. dollars. China has the second largest GDP, at 13.4 trillion U.S. dollars. In the coming years, production will become faster and more global, which will help to grow the global economy.

The United States was the global travel destination with the highest international tourism receipts in 2023. That year, inbound tourism receipts in the U.S. amounted to roughly *** billion U.S. dollars. While this figure denoted a sharp annual increase, it remained below pre-pandemic levels. Meanwhile, Spain and the United Kingdom followed in the ranking in 2023, with around ** billion and ** billion U.S. dollars, respectively. What are the most visited countries in the world? While France ranked fourth based on international tourism receipts, it topped the list of the countries with the highest number of inbound tourist arrivals worldwide, both before and after the impact of the pandemic. In 2023, France recorded *** million arrivals by international travelers, while Spain and the United States followed in the ranking with over ** million and ** million arrivals, respectively. What is the economic impact of travel and tourism worldwide? As estimated, the total contribution of travel and tourism to GDP worldwide amounted to just under ** trillion U.S. dollars in 2023. This figure refers to the direct, indirect, and induced impacts of these industries. That year, the number of travel and tourism jobs worldwide exceeded *** million.

In 2025, public debt in France represented 116.2 percent of the country’s GDP. According to the source, public debt in France is supposed to remain stable in the upcoming years. There was a substantial increase between 2019 and 2020 due to the Covid-19 pandemic and the French government's economic response to it. Since 2005, public debt in France is increasing making the country one of the most in debt of the European Union. A debt country Public debt, also known as national debt, appears to be the difference between what a government is receiving and spending in a year. It is the accumulation of annual budget deficits, which happened when the government was spending more than receiving. Public debt in France is increasing since 2007, while the debt interest expenditure amounted to more than 40.3 billion euros in 2023. France’s revenue and spending Most of French public debt is generated by the State, in comparison with the social security system and the regional and local authorities. The budget balance of the country has been negative for years and does not appear to reach a positive one in the future. France spends most of its budget on tax repayments and abatement, as well as on education and defense. In 2023, France’s government spent more than 1.61 trillion euros, whereas its revenue amounted to 1.45 trillion euros. Non-tax revenue collected by the state came in majority from dividends, while it collected 70 billion euros by levying taxes on income and 140 billion euros through VAT in 2016.

The statistic shows the national debt of France from 2019 to 2022, with projections up until 2029. In 2022, the national debt of France amounted to around 3.19 trillion U.S. dollars. For comparison, the Greek debt amounted to approximately 392.27 billion euros that same year. French national debt and developments in taxationFrance currently has one of the highest national debt levels of any of the world’s nations. Debt in the European Union’s second-largest economy is currently at around 97 percent of GDP. The cost of interest on the country’s debt alone comes in at over 1,600 euros per second; every man, woman, and child in France, of which there are 65.3 million in total, takes a share of just under 28 thousand euros of the debt.On 6th May 2012, the incumbent French President was defeated by François Hollande, leader of the French Socialist Party. The new President vowed to develop and change the tax system of France, announcing wide-ranging economic policies in a bid to balance the nation’s budget and right what he considered to be social wrongs. He pledged and supported the separation of lending and investment banks, as well as proposing sweeping changes to the French tax system. The introduction of the measure of capping tax loopholes at a maximum of ten thousand euros per year and questioning the solidarity tax on wealth, the annual direct wealth tax on those with assets above 1.3 million, were also part of Hollande’s proposals. The President has also signaled his intention to implement an income tax rate of 75 percent on revenue earned above one million euros per year. He stated the allocation of the revenue from this tax would be used to develop the deprived suburbs and to balance the nation's budget by 2017. France is a country brimming with big business and millionaires. The nation is home to the most millionaires in Europe; 2.6 million in total.

The production value of the total business economy, repair of computers, personal and household goods, except financial and insurance activities in France decreased to 2.6 trillion euros since the previous year. Nevertheless, the last two years in this industry recorded a significant higher production value than the preceding years.The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.Find more statistics on the total business economy, repair of computers, personal and household goods, except financial and insurance activities in France with key insights such as turnover and personnel costs.

Since 2012, the tax revenue in France has been increasing. Tax revenue in France comes from various types of tax. Income tax, corporate tax, and VAT represent most of the French state’s revenue. In 2021, the total public revenue in France reached ***** billion euros. Value-Added Tax, main revenue of the French government It appears that the amount of the revenue of the VAT in France has increased from 2012 to 2018. That year, the revenue of the Value-Added Tax reached *** billion euros, compared to *** billion in 2016. In 2021, the VAT represented a third of the tax revenues collected by the State in France. However, other types of taxes in France have also increased, like the income tax, which went from ** billion euros in 2012, up to ** billion in 2024. A State in debt France is considered to be one of the leading countries in Europe, but the nation has also one of the highest debt levels in the European Union. In 2017, a Eurostat survey displayed that France had a deficit and public debt amounting to **** percent of the national GDP. In 2021, the government revenue reached **** trillion euro, whereas its spending came to around **** trillion euros. This difference between France’s income and spending causes difficulties for the country’s economy. The budget balance of the state keeps being negative, while the cost of interest on the debt of France came in at over ** billion euros in 2017.

In 2024, the total contribution of travel and tourism to the global gross domestic product (GDP) amounted to **** trillion U.S. dollars. This figure, which includes the direct, indirect, and induced impact of the global travel and tourism market, represented an increase in total contribution to GDP of *** percent over 2019. As forecast, the total contribution of the travel and tourism sector to the global GDP was expected to reach **** trillion U.S. dollars in 2025. Which countries record the highest travel and tourism contribution to GDP? GDP is the total value of all goods and services produced in a country in a year. It is considered an important indicator of a country's economic strength, and a positive change in GDP is a sign of economic growth. Both before and after the impact of COVID-19, the United States and China were by far the leading travel markets based on the total contribution of travel and tourism to GDP, followed by Germany, Japan, and the United Kingdom. What are the most visited countries in the world? In 2023, France was the country with the highest number of international tourist arrivals worldwide, welcoming 100 million international visitors. While the United States reported the third-highest number of inbound tourist arrivals that year, it was the destination with the highest international tourism receipts worldwide, ranking ahead of Spain and the United Kingdom.