{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"fr-gdp-growth-rate","url":"https://apiardata.com/statistics/fr-gdp-growth-rate","html_url":"https://apiardata.com/statistics/fr-gdp-growth-rate/","title":"France GDP Growth Rate (2025)","description":"France's GDP Growth Rate: 0.8 % change on previous year in 2025, -0.4pp YoY. Eurostat (NAMA_10_GDP), 2000–2025.","domain":"macro","category":"Economy & Macro","keywords":["Macroeconomics","Eurostat","European Union","2025"],"publisher":"Eurostat","frequency":"Annual","geography":"France","temporal_coverage":"2000/2025","unit":"% change on previous year","last_updated":"2026-04-14","last_updated_text":"14 April 2026","data_as_of":"2025","variable_measured":"France GDP Growth Rate","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"Eurostat","url":"https://ec.europa.eu/eurostat/databrowser/view/NAMA_10_GDP/default/table"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2000–2025"},{"label":"Observations","value":"26"},{"label":"Geography","value":"France"},{"label":"Last updated","value":"14 April 2026"}],"kpis":[{"label":"France (2025)","value":"0.8","unit":"% change on previous year","trend":{"direction":"down","value":"-0.4pp YoY"}},{"label":"YoY Change","value":"-0.4pp","unit":"percentage points"},{"label":"Trend","value":"down","unit":""},{"label":"Series length","value":"26","unit":"years of data"}],"series":[{"key":"value","label":"France GDP Growth Rate"}],"observation_count":26,"observations":[{"period":"2000","value":4.1},{"period":"2001","value":1.9},{"period":"2002","value":1.1},{"period":"2003","value":1},{"period":"2004","value":2.9},{"period":"2005","value":1.9},{"period":"2006","value":2.7},{"period":"2007","value":2.5},{"period":"2008","value":0.4},{"period":"2009","value":-2.8},{"period":"2010","value":2},{"period":"2011","value":2.4},{"period":"2012","value":0.2},{"period":"2013","value":0.8},{"period":"2014","value":1},{"period":"2015","value":1.1},{"period":"2016","value":0.9},{"period":"2017","value":2.1},{"period":"2018","value":1.6},{"period":"2019","value":2},{"period":"2020","value":-7.4},{"period":"2021","value":6.9},{"period":"2022","value":2.7},{"period":"2023","value":1.4},{"period":"2024","value":1.2},{"period":"2025","value":0.8}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% change on previous year"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2025","value":"0.8","yoyChange":"-0.4pp"},{"year":"2024","value":"1.2","yoyChange":"-0.2pp"},{"year":"2023","value":"1.4","yoyChange":"-1.3pp"},{"year":"2022","value":"2.7","yoyChange":"-4.2pp"},{"year":"2021","value":"6.9","yoyChange":"+14.3pp"},{"year":"2020","value":"-7.4","yoyChange":"-9.4pp"},{"year":"2019","value":"2.0","yoyChange":"+0.4pp"},{"year":"2018","value":"1.6","yoyChange":"-0.5pp"},{"year":"2017","value":"2.1","yoyChange":"+1.2pp"},{"year":"2016","value":"0.9","yoyChange":"-0.2pp"},{"year":"2015","value":"1.1","yoyChange":"+0.1pp"},{"year":"2014","value":"1.0","yoyChange":"+0.2pp"},{"year":"2013","value":"0.8","yoyChange":"+0.6pp"},{"year":"2012","value":"0.2","yoyChange":"-2.2pp"},{"year":"2011","value":"2.4","yoyChange":"+0.4pp"},{"year":"2010","value":"2.0","yoyChange":"+4.8pp"},{"year":"2009","value":"-2.8","yoyChange":"-3.2pp"},{"year":"2008","value":"0.4","yoyChange":"-2.1pp"},{"year":"2007","value":"2.5","yoyChange":"-0.2pp"},{"year":"2006","value":"2.7","yoyChange":"+0.8pp"}]},"qa":[{"question":"What does the France GDP growth rate measure?","answer":"This series measures the annual change in France's gross domestic product at market prices in real terms — the percentage change in inflation-adjusted total economic output compared with the prior calendar year. Eurostat compiles it from the European System of Accounts (ESA 2010) national accounts (dataset NAMA_10_GDP), ensuring methodological consistency with all other EU member states. The French national accounts are published by INSEE (Institut National de la Statistique et des Études Économiques), which provides the underlying data."},{"question":"How does France's GDP performance compare with Germany's and why has it been stronger?","answer":"France's 0.8% growth in 2025 contrasts with Germany's 0.2% — a notable reversal of the historical pattern where Germany consistently outpaced France over the 2010s. The divergence reflects France's different sectoral exposure: France's economy is less dependent on manufacturing and export to China, which have been the primary drags on German growth since 2022. France's service sector — tourism, luxury goods, financial services — has remained resilient. France also benefits from a relatively diversified energy mix dominated by nuclear power, insulating it from the full force of the 2022 gas price shock that hit German energy-intensive industry hardest. However, France's growth is supported by a public deficit running above 5% of GDP, raising questions about the sustainability of its fiscal-stimulus-augmented growth."},{"question":"What does France's fiscal position mean for sovereign bond investors?","answer":"France's GDP growth of 0.8% is insufficient to stabilise the debt/GDP ratio at current deficit levels. With public borrowing running at 5–6% of GDP and nominal GDP growth near 2–3% (real 0.8% plus ~1% HICP), France's debt/GDP ratio is on an upward trajectory — a structural concern for OAT (Obligations Assimilables du Trésor) investors. The spread between French OATs and German Bunds (the OAT-Bund spread) has widened meaningfully since 2024, reflecting this fiscal risk. For fixed-income managers, France is a core-plus credit rather than a pure safe-haven: it benefits from ECB purchasing support and eurozone membership, but requires a spread pickup above Bunds to compensate for its fiscal trajectory."},{"question":"How does France's GDP growth compare across its post-2000 economic cycles?","answer":"The series peaks at 6.9% in 2021 — the post-COVID rebound — after the series trough of -7.4% in 2020, the sharpest contraction in modern French economic history. The GFC produced a -2.9% contraction in 2009, followed by modest recoveries. France's growth rate has rarely exceeded 2% in the period since 2010, reflecting the structural limits of high public expenditure (around 57% of GDP), a rigid labour market, and insufficient private sector investment. The 2025 reading of 0.8% is consistent with France's post-GFC average of approximately 1%, above Germany's near-zero level but well below the 2% threshold typically associated with meaningful employment generation."}]}