Gross domestic product (GDP) growth rate in France 2021

The statistic depicts France's real gross domestic product (GDP) growth rate from 2009 to 2018, with projections up until 2021. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2018, France's real GDP grew by about 1.73 percent compared to the previous year.

Unemployment in France

France has one of the largest economies in the world and is the second largest economy in the European Union, behind Germany, with whom France often partnered in order to support the structure of the European Union. France is also the fourth most populated country in Europe and has maintained slow population growth since the mid 2000s.

Despite being not only a European but also a global economic power, France struggled with maintaining a low unemployment rate and experienced a significant increase in unemployment after the 2008 crash, just like many other prominent industrial countries. However, unlike these other nations, unemployment continued to rise well into the 2010s, while the employment situations in neighboring and international countries improved almost every year. The lack of working opportunities is related to the Eurozone crisis that primarily affected southern European countries, such as Spain, Portugal and Italy.

France: Real gross domestic product (GDP) growth rate from 2009 to 2021

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Source

Release date

May 2020

Region

France

Survey time period

2009 to 2018

Supplementary notes

According to the source, due to the high level of uncertainty in current global economic conditions, the IMF projections for these indicators are provided only through 2021.

* Estimate.

Values have been rounded to provide a better understanding of the statistic.

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Statistics on "Economic Outlook France"

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