National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for France
FRAIMPORTQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
244,855,900,000.00
Year-over-Year Change
41.04%
Date Range
1/1/1980 - 7/1/2023
Summary
This economic trend measures the value of imports of goods and services in France, a key component of the country's gross domestic product (GDP) by expenditure at current prices.
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 'National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for France' indicator represents the volume of imported goods and services that are subtracted from France's total GDP. This metric is essential for understanding the country's trade balance and international competitiveness.
Methodology
The data is collected and calculated by the French National Institute of Statistics and Economic Studies (INSEE) as part of the national accounts framework.
Historical Context
Policymakers and analysts use this metric to assess France's trade position and the role of external demand in driving economic growth.
Key Facts
- France's imports of goods and services totaled €785 billion in 2021.
- Imports accounted for 34% of France's GDP in 2021.
- The value of imports has grown by an average of 3.2% per year over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of imports of goods and services in France, which is subtracted from the country's gross domestic product (GDP) to calculate GDP by expenditure.
Q: Why is this trend relevant for users or analysts?
A: This metric is essential for understanding France's trade balance and the role of external demand in driving its 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) as part of the national accounts framework.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess France's trade position and international competitiveness.
Q: Are there update delays or limitations?
A: The data is typically published on a quarterly basis with a delay of several months.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Less: Imports of Goods and Services for France (FRAIMPORTQDSMEI), retrieved from FRED.