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Growth rate previous period, Annual

SPASTT01FRA657N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.98

Year-over-Year Change

-190.77%

Date Range

1/1/1956 - 1/1/2024

Summary

This economic indicator measures the annual growth rate of GDP for France, providing insight into the overall health and performance 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

The growth rate previous period, annual indicator tracks the year-over-year change in France's gross domestic product (GDP), a key measure of economic activity. This metric is widely used by economists, policymakers, and investors to assess the strength and trajectory of the French economy.

Methodology

The data is collected and calculated by the French National Institute of Statistics and Economic Studies (INSEE).

Historical Context

The GDP growth rate is a crucial data point for economic analysis and policymaking in France and the broader Eurozone.

Key Facts

  • France's GDP grew by 1.5% in 2022.
  • The GDP growth rate is a leading indicator of economic performance.
  • Policymakers use the GDP growth rate to guide fiscal and monetary policies.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the annual growth rate of France's gross domestic product (GDP), which is the total value of all goods and services produced in the country.

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

A: The GDP growth rate is a crucial metric for understanding the overall health and performance of the French economy, and is widely used by economists, policymakers, and investors to inform their decisions.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the French National Institute of Statistics and Economic Studies (INSEE).

Q: How is this trend used in economic policy?

A: The GDP growth rate is a key input for policymakers in France and the broader Eurozone, who use it to guide fiscal and monetary policies aimed at promoting economic stability and growth.

Q: Are there update delays or limitations?

A: The GDP growth rate data is typically released on a quarterly basis, with some potential for delays in publication depending on the source.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Annual (SPASTT01FRA657N), retrieved from FRED.