Gross Domestic Product Per Capita for France

PCAGDPFRA646NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

46,150.49

Year-over-Year Change

12.94%

Date Range

1/1/1960 - 1/1/2024

Summary

The Gross Domestic Product (GDP) per capita for France measures the total economic output of the country divided by its population. This metric provides insight into the standard of living and economic development of the French economy.

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

GDP per capita is a widely used indicator of a country's economic health and prosperity. It represents the average value of all goods and services produced within a country in a given year, divided by the total population. Economists and policymakers closely monitor this metric to assess France's economic performance and make informed decisions.

Methodology

The data is collected by the World Bank based on official government sources and national accounts.

Historical Context

GDP per capita is a key statistic referenced by governments, international organizations, and financial markets to evaluate France's economic conditions and competitiveness.

Key Facts

  • France's GDP per capita was $41,464 in 2021.
  • France's GDP per capita has grown by 17% over the past decade.
  • France ranks 20th globally in GDP per capita.

FAQs

Q: What does this economic trend measure?

A: The Gross Domestic Product (GDP) per capita for France measures the total economic output of the country divided by its population. It provides insight into the standard of living and economic development of the French economy.

Q: Why is this trend relevant for users or analysts?

A: GDP per capita is a widely used indicator of a country's economic health and prosperity. It is closely monitored by economists, policymakers, and financial markets to assess France's economic performance and make informed decisions.

Q: How is this data collected or calculated?

A: The data is collected by the World Bank based on official government sources and national accounts.

Q: How is this trend used in economic policy?

A: GDP per capita is a key statistic referenced by governments, international organizations, and financial markets to evaluate France's economic conditions and competitiveness.

Q: Are there update delays or limitations?

A: The data is published annually with a delay of approximately one year.

Related Trends

Citation

U.S. Federal Reserve, Gross Domestic Product Per Capita for France (PCAGDPFRA646NWDB), retrieved from FRED.