Economy & Growth

How fast is France's economy growing? GDP, consumption, and industrial production from Eurostat quarterly estimates.

GDP Growth (2026-Q1)

0.0%

Down from 0.8% in 2025-Q4

The French economy contracted by 0.0% compared to a year ago. France is the EU's 2nd largest and the world's 7th largest economy, with a GDP of roughly €2.8 trillion.

GDP Growth Rate

Quarterly real GDP growth compared to the same quarter last year. France is the euro zone's second-largest economy after Germany, and its growth is driven primarily by services (tourism, luxury, finance).

Data source:Eurostat|2020-Q2 — 2026-Q1
GDP growth vs same quarter last year

What's Driving Growth?

The building blocks of GDP — each tells a different story about the state of the economy.

Household consumption

+0.2%

Household spending — ~55% of GDP. The main engine of French growth.

Previous quarter: +1.5%

Government spending

+1.6%

Government consumption — ~25% of GDP. France has the highest ratio in the OECD.

Previous quarter: +1.6%

Exports

-14.3%

Goods and services sold abroad. Aerospace (Airbus), luxury (LVMH), and agriculture dominate.

Previous quarter: +3.4%

Imports

-6.7%

Goods and services bought from abroad. Energy (oil, gas) is the largest import category.

Previous quarter: -3.1%

Data source:Eurostat|2026-Q1

Industrial Production

Month-on-month change in manufacturing output. France has shifted heavily toward services, but aerospace, pharma, and agri-food remain industrial pillars.

Data source:Eurostat|2023-04 — 2026-03
Monthly production change

How to read these numbers

GDP (Gross Domestic Product) measures the total value of everything produced in France in a quarter. The % change compares the current quarter to the same quarter a year earlier, seasonally adjusted. The French economy is service-dominated (~80% of GDP) — tourism, finance, healthcare, tech. Industry accounts for about 14%, agriculture less than 2%.