Nominal General Government Final Consumption Expenditure for France
NCGGSAXDCFRQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
179,689.70
Year-over-Year Change
11.99%
Date Range
1/1/1980 - 1/1/2025
Summary
The Nominal General Government Final Consumption Expenditure for France measures the total spending by the French government on goods and services, an important indicator of fiscal policy and economic 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 metric represents the value of all goods and services purchased by the French government, including public administration, defense, education, and healthcare. It is a key component of France's gross domestic product (GDP) and provides insight into the government's role in the economy.
Methodology
The data is collected and calculated by France's National Institute of Statistics and Economic Studies (INSEE).
Historical Context
Policymakers and analysts use this indicator to assess the government's fiscal stance and its impact on economic growth.
Key Facts
- France's government spending was 57.0% of GDP in 2021.
- Public consumption accounts for over 20% of France's GDP.
- Government spending has a significant influence on the French economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total nominal value of goods and services purchased by the French government, including public administration, defense, education, and healthcare.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the government's fiscal stance and its impact on the French economy, which is crucial for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by France's National Institute of Statistics and Economic Studies (INSEE).
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the government's fiscal policy and its impact on economic growth and performance.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule of the French statistical agency, INSEE, and may have a delay of several months.
Related Trends
Production: Industry: Total Industry Excluding Construction for France
FRAPRINTO01GYSAM
Credit to Private Non-Financial Sector by Banks, Adjusted for Breaks, for France
QFRPBM770A
Nominal Final Consumption Expenditure for France
NCSAXDCFRQ
Business Tendency Surveys: Export Order Books or Demand: Economic Activity: Manufacturing: Current for France
BSXRLV02FRM086S
Consumer Price Index: Harmonized Prices: Recreation and Culture (COICOP 09): Total for France
FRACPHP0900IXEBM
Infra-Annual Labor Statistics: Employment Rate Female: From 55 to 64 Years for France
LREM55FEFRA156S
Citation
U.S. Federal Reserve, Nominal General Government Final Consumption Expenditure for France (NCGGSAXDCFRQ), retrieved from FRED.