France: real GDP evolution 2000-2018

France’s real Gross Domestic Product (GDP) registered its lowest growth in 2009 (-2.9 percent). One year after the 2008 financial crisis, France faced economic issues. The unemployment rate in the country went from 7.4 percent in 2008 up to 9.1 percent in 2009. Since then France’s GDP at current prices remained stable, being the second or third largest economy in Europe depending on the year.

The evolution of France’s GDP

This graph shows that the real GDP in France reached its highest growth in 2000 with 3.9 percent and its lowest in 2009 with -2.9 percent. Apart from these two years, France’s GDP growth fluctuated between 0.8 and 2.8 percent. The GDP, which is an economic construct that measures a country’s production, is an important indicator of the economic strength of this country. Since 2012, France’s GDP appears to be increasing, reaching 2.2 percent in 2017 which corresponded to 2,246.7 billion euros.

Public debt in France

Since 2007, the public debt of France continuously rose reaching 96.8 percent of the GDP in 2018. France appears to be one of the industrialized countries that borrowed the most abroad and has a public debt higher than the Euro Zone average. In absolute numbers, the country's debt amounted to approximately 251 trillion US dollars in 2017.

Year-on-year evolution of the real Gross Domestic Product in France from 2000 to 2018

Evolution of the GDP
20181.7%
20172.3%
20161.1%
20151.1%
20141%
20130.6%
20120.3%
20112.2%
20101.9%
2009-2.9%
20080.3%
20072.4%
20062.4%
20051.7%
20042.8%
20030.8%
20021.1%
20012%
20003.9%
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Source

Release date

May 2019

Region

France

Survey time period

2000 to 2018

Supplementary notes

The Gross Domestic Product (GDP) calculated in value or real Gross Domestic Product takes into account the prices inflation.
The souce adds the following information: "les volumes sont mesurés aux prix de l'année précédente chaînés"

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