Government Final Consumption Expenditure in France
FRAGFCEQDSNAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163,695,900,000.00
Year-over-Year Change
6.89%
Date Range
1/1/1980 - 1/1/2024
Summary
This economic indicator measures the total final consumption expenditure of the French government. It is a key metric for understanding government fiscal policy and its impact on the broader 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
Government final consumption expenditure represents the value of goods and services consumed by the government in France. It is an important component of the country's gross domestic product (GDP) and provides insights into the size and role of the public sector.
Methodology
The data is collected and calculated by the French National Institute of Statistics and Economic Studies (INSEE).
Historical Context
Policymakers and economists analyze this indicator to assess the government's fiscal stance and its influence on economic growth.
Key Facts
- Government consumption accounts for over 20% of France's GDP.
- Spending on public services, such as healthcare and education, makes up the largest share of government consumption.
- The French government has historically played a significant role in the economy, with a large public sector.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total final consumption expenditure of the French government, including spending on public services, employee compensation, and other goods and services.
Q: Why is this trend relevant for users or analysts?
A: Government consumption is a crucial component of GDP and provides insights into the role of the public sector in the French economy. This metric is closely watched by policymakers, economists, and investors to assess the government's fiscal stance and its impact on economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the French National Institute of Statistics and Economic Studies (INSEE).
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this indicator to assess the government's fiscal stance and its influence on economic growth. Changes in government consumption can inform policy decisions and shape fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is typically released on a quarterly basis, with a lag of several months. There may be revisions to historical data as more information becomes available.
Related Trends
Private Final Consumption Expenditure in France
FRAPFCEQDSNAQ
Central government debt, total (% of GDP) for France
DEBTTLFRA188A
Liquid Liabilities (Broad Money) for France
DDOI07FRA648NWDB
Geographical Outreach, Liabilities: Households' Outstanding Deposits at Other Financial Corporations, Other Financial Intermediaries for France
FRAFCLOFMHXDC
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for France
FRACP070000GYM
Infra-Annual Labor Statistics: Unemployment Female: From 15 to 24 Years for France
LFUN24FEFRA647N
Citation
U.S. Federal Reserve, Government Final Consumption Expenditure in France (FRAGFCEQDSNAQ), retrieved from FRED.