National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for France
Growth rate same period previous year, Annual
NAEXKP07FRA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.21
Year-over-Year Change
-465.57%
Date Range
1/1/1961 - 1/1/2024
Summary
This annual economic trend measures the growth rate of France's gross domestic product (GDP) compared to the same period in the previous year. It provides insights into the pace of economic expansion or contraction.
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 growth rate same period previous year, Annual metric tracks the year-over-year change in France's GDP, offering a broader perspective on the nation's economic performance than quarter-over-quarter comparisons. Economists and policymakers analyze this trend to assess the overall health and trajectory of the French economy.
Methodology
The data is calculated by the U.S. Federal Reserve using official GDP figures reported by the French government.
Historical Context
This trend serves as an important indicator for evaluating France's economic policies and guiding market decisions.
Key Facts
- France's GDP grew 2.8% in 2021 compared to 2020.
- The growth rate exceeded pre-pandemic levels in 2022.
- GDP expansion is a key target for French economic policy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of France's gross domestic product (GDP), providing insights into the pace of the country's economic expansion or contraction.
Q: Why is this trend relevant for users or analysts?
A: The growth rate same period previous year metric is a crucial indicator of France's overall economic performance, which is closely monitored by policymakers, investors, and other stakeholders.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this trend using official GDP data reported by the French government.
Q: How is this trend used in economic policy?
A: Policymakers in France and abroad analyze this trend to assess the health of the French economy and inform decisions on fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, reflecting the time required to collect and process the underlying GDP figures.
Related Trends
Balance of Payments: Goods: Expenditure for France
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Gross Domestic Product Per Capita for France
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Real Private Sector Final Consumption Expenditure for France
NCPRSAXDCFRQ
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 74 Years for France
LRAC74FEFRQ156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for France
CPGRLE01FRQ659N
Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for France
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual (NAEXKP07FRA659S), retrieved from FRED.