National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for France
FRAGDPRQPSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.62
Year-over-Year Change
-86.87%
Date Range
1/1/1961 - 1/1/2025
Summary
This economic indicator measures the total real (inflation-adjusted) gross domestic product (GDP) for France. GDP is a key metric for evaluating the overall health and size of a nation's economy.
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
Gross domestic product (GDP) is the total monetary value of all finished goods and services produced within a country's borders over a specific time period. The GDP by expenditure measure breaks down total GDP by the different components of demand, including consumption, investment, government spending, and net exports.
Methodology
The data is collected and calculated by national statistical agencies based on surveys and other economic reporting.
Historical Context
GDP is widely used by policymakers, analysts, and investors to assess macroeconomic conditions and guide economic decision-making.
Key Facts
- GDP accounts for over 60% of France's total economic output.
- France's GDP grew by 1.7% in 2021 after a 7.9% contraction in 2020.
- Consumer spending makes up the largest component of France's GDP at around 55%.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total real (inflation-adjusted) gross domestic product (GDP) for France, which is the broadest measure of economic activity in the country.
Q: Why is this trend relevant for users or analysts?
A: GDP is a crucial metric for evaluating the overall health and size of a nation's economy, and is widely used by policymakers, analysts, and investors to assess macroeconomic conditions and guide economic decision-making.
Q: How is this data collected or calculated?
A: The data is collected and calculated by national statistical agencies based on surveys and other economic reporting.
Q: How is this trend used in economic policy?
A: GDP data is used by governments, central banks, and other institutions to monitor economic performance, set fiscal and monetary policies, and make informed decisions about investments, spending, and other economic interventions.
Q: Are there update delays or limitations?
A: There may be some time lag in the reporting of GDP data, as it relies on comprehensive economic surveys and data collection.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for France (FRAGDPRQPSMEI), retrieved from FRED.