Nominal GDP for France was $3,160bn in 2024, up from $3,061bn in 2023. The French population was estimated at 66.5m in 2024 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 PDF publication, we also show selected “comparison forecasters” including the IMF, OECD, and European Commission. The example below is an illustrative historical survey snapshot from September 2022, showing how individual forecasts and the consensus are presented.
Source: Consensus 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:- Quarterly Forecasts
- Long-Term 5 and 10 Year Forecasts
- Economic Policy Evaluation
- Trends in Productivity and Wages
- Corporate Profits and Real Interest Rates
- Forecast Probabilities
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.Explore forecasts across G7 & Western Europe
Alongside this country forecast, explore the other economies covered by our G7 & Western Europe forecast publication.