France GDP Growth Rate

Last Release

Mar 31, 2025

Actual

0.1

Units In

-0.1

Frequency

Quarterly

Next Release

Aug 29, 2025

Time to Release

2 Months 30 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
18.6 Sep 2020	-13.5 Jun 2020	0.74 %	1949-2025	N/A

France is the seventh largest economy in the world and the second largest in the Euro Area. the biggest sector of the economy is household consumption (55 percent) followed by government expenditure (24 percent) and gross fixed capital formation (22 percent). Exports of goods and services account for 29 percent of GDP while imports account for 31 percent, subtracting 2 percent from total GDP.

Latest Updates

The French economy expanded 0.1% qoq in Q1 of 2025, matching preliminary data while reversing a 0.1% contraction in Q4. Inventory changes contributed positively to GDP (1.0 ppts) amid drags from final domestic demand and net trade. Household consumption fell 0.2% (vs 0.1% in Q4), mainly due to reduced spending on transport equipment. At the same time, government spending slowed (0.2% vs 0.4%). Fixed investment remained flat for the second consecutive quarter, as continued weakness in construction was balanced by gains in information and communication investment. Exports shrank by 1.8% (vs 0.7%), amid uncertainty over U.S. tariffs, despite President Trump announcing a three-month pause for most countries. Imports continued to rise (0.5% vs 0.6%), driven by energy, especially gas and electricity, and other industrial goods. On an annual basis, GDP grew 0.6%, holding steady from the Q4 pace but marking the weakest rise since Q4 2020.