Balance of Payments: Goods: Expenditure for France
FRAB6DBTD01NCCUSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
167,125,700,000.00
Year-over-Year Change
3.19%
Date Range
1/1/1999 - 10/1/2024
Summary
The Balance of Payments: Goods: Expenditure for France measures the total value of goods purchased by France from other countries. This metric is a key indicator of France's international trade and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Balance of Payments: Goods: Expenditure for France represents the financial value of merchandise imports into France. It is a component of the broader Balance of Payments accounts, which track a country's international economic transactions.
Methodology
The data is collected through surveys of importers and customs declarations.
Historical Context
This metric is used by economists and policymakers to analyze France's trade position and competitiveness.
Key Facts
- France's goods expenditure in 2022 was €639 billion.
- Imports account for over 30% of France's GDP.
- The trade deficit with the EU was €58 billion in 2022.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Goods: Expenditure for France measures the total value of goods imported into France from other countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of France's international trade position and can provide insights into the country's economic competitiveness and integration with global markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of importers and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze France's trade balance, evaluate the impact of trade policies, and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately three months.
Related Trends
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for France
LFIN64TTFRQ647N
Production: Industry: Total Industry Excluding Construction for France
FRAPRINTO01GPSAM
Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for France
LFEM64TTFRQ647S
Stock Market Turnover Ratio (Value Traded/Capitalization) for France
DDEM01FRA156NWDB
Residential Property Prices for France
QFRN628BIS
Bank Lending Deposit Spread for France
DDEI02FRA156NWDB
Citation
U.S. Federal Reserve, Balance of Payments: Goods: Expenditure for France (FRAB6DBTD01NCCUSAQ), retrieved from FRED.