Real Gross Domestic Product for France
Annual, Not Seasonally Adjusted
NGDPRXDCFRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,347,098.15
Year-over-Year Change
14.58%
Date Range
1/1/1950 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures the total market value of all goods and services produced annually within France, without adjusting for seasonal factors.
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 trend represents France's gross domestic product (GDP), which is a comprehensive indicator of the country's economic performance. GDP is a widely used metric for analyzing economic growth, stability, and international competitiveness.
Methodology
The data is collected through surveys and administrative records, then calculated by the French National Institute of Statistics and Economic Studies.
Historical Context
GDP figures are closely watched by policymakers, investors, and economists to inform economic and fiscal policies.
Key Facts
- France's GDP was over €2.7 trillion in 2021.
- GDP growth in France averaged 1.6% per year from 2010 to 2019.
- The services sector accounts for over 70% of France's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of all goods and services produced annually within France, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: GDP is a widely-used indicator of a country's economic performance and growth, making this trend highly relevant for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records, then calculated by the French National Institute of Statistics and Economic Studies.
Q: How is this trend used in economic policy?
A: GDP figures are closely watched by policymakers to inform economic and fiscal policies, as well as by investors and analysts to assess a country's economic health and competitiveness.
Q: Are there update delays or limitations?
A: The annual GDP data may have a lag of several months before being published, and does not account for seasonal variations within the year.
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Citation
U.S. Federal Reserve, 'Annual, Not Seasonally Adjusted' (NGDPRXDCFRA), retrieved from FRED.