Real General Government Final Consumption Expenditure for France
NCGGRSAXDCFRQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147,748.22
Year-over-Year Change
3.84%
Date Range
1/1/1980 - 1/1/2025
Summary
The Real General Government Final Consumption Expenditure for France measures the inflation-adjusted spending by the French government on goods and services. This metric is a key indicator of fiscal policy and public sector 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
This economic trend represents the volume of expenditures by the French government, including state, local, and social security administrations, on final consumption of goods and services. It is a vital measure of public sector economic activity and government influence on the broader economy.
Methodology
The data is calculated by the OECD using national accounts data and adjusted for inflation.
Historical Context
Policymakers and analysts use this metric to assess the fiscal stance and role of the public sector in the French economy.
Key Facts
- France's real government consumption expenditure was €342 billion in 2021.
- Government spending accounts for over 50% of France's GDP.
- The metric has declined from a peak of 54.3% of GDP in 2009 to 53.8% in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted spending by the French government on final consumption of goods and services, including state, local, and social security administrations.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of fiscal policy and the role of the public sector in the French economy, providing insights into government influence and economic activity.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using national accounts data and adjusted for inflation.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the fiscal stance and the influence of the public sector on the broader French economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, and may be subject to revisions by the OECD.
Related Trends
Harmonized Index of Consumer Prices: Overall Index Excluding Tobacco for France
00XTOBFRM086NEST
Consumer Price Index: Harmonized Prices: All Items: Total for France
CPHPTT01FRM657N
Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for France
LREM55FEFRA156N
Consumer Price Index: All Items: Total for France
FRACPALTT01IXNBM
Stock Market Total Value Traded to GDP for France
DDDM02FRA156NWDB
Financial Market: Share Prices for France
SPASTT01FRA661N
Citation
U.S. Federal Reserve, Real General Government Final Consumption Expenditure for France (NCGGRSAXDCFRQ), retrieved from FRED.