France

Nominal GDP for France was €2,498bn in 2021, down from €2,301bn in 2020. The French population was estimated at 64.5m in 2021 according to the IMF, while Germany is France’s biggest trading partner.

Variables Surveyed for France

Variables covered in our monthly analysis of France include:

  • Gross Domestic Product
  • Household Consumption
  • Business Investment
  • Manufacturing Production
  • Consumer Prices (CPI)
  • Hourly Wage Rates
  • Unemployment Rate
  • Current Account
  • General Government Budget Balance
  • Interest rates
  • Euro Currency Forecasts

Consensus Forecasts for France

Individual panellist forecasts are shown for each of the variables surveyed, along with the consensus (mean) forecast. The rows of forecasts are ranked by the GDP growth estimate for the current year, highest to lowest. In the hard copy and pdf version of the publication, we also show selected “comparison forecasters”  including the IMF, OECD, and European Commission. The table below shows a small example set of forecasts for GDP growth and Consumer Prices (CPI), taken from our survey of September 2022.

Source: Conensus Forecasts – G-7 and Western Europe, September 2022

Special Surveys

In addition to the regular surveys for the variables listed above we also undertake a number of Special Surveys for France on topics such as:

Main Data Sources for France

  • The National Institute of Statistics and Economic Studies: The French National Institute of Statistics and Economic Studies is a Directorate-General of the Ministry for the Economy and Finance. INSEE's mission is to collect, analyse and disseminate information on the French economy and society across the entire French territory.
  • Banque de France: The Banque de France is a member of the Eurosystem, which groups together the European Central Bank and the national central banks of all countries that have adopted the euro. The Bank is a sui generis public entity governed by the French Monetary and Financial Code. The conditions whereby it conducts its missions on national territory are set out in its Public Service Contract.

Comprehensive Forecasts Coverage

Consensus Economics has collected forecasts for more than 30 years, building up a comprehensive catalogue of historical forecasts data. Please enquire at editors@consensuseconomics.com should you wish to find out more about these data offerings, pricing and the different platforms by which you can access them.
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