Markets Actual Q4 Q1 Q2 Q3 2020
Currency 1.10 1.09 1.08 1.08 1.07 1.06
Stock Market (points) 5623.27 5602 5533 5465 5397 5266
Government Bond 10Y (%) -0.27 0.03 0.06 0.09 0.13 0.15
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.30 0.3 0.3 0.4 0.3 0.4
GDP Annual Growth Rate (%) 1.40 1.3 1.5 1.5 1.4 1.6
Unemployment Rate (%) 8.50 8.1 7.8 8 7.6 7.2
Inflation Rate (%) 0.90 1.2 1.4 1.3 1.1 1.2
Inflation Rate Mom (%) -0.30 0.5 0.4 0.3 -0.2 0.4
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) -5019.00 -4140 -3950 -3950 -4260 -3350
Current Account (EUR Million) -2487.00 -590 -2600 -2400 -1240 -550
Current Account to GDP (%) -0.30 -0.4 -0.2 -0.2 -0.2 -0.2
Government Debt to GDP (%) 98.40 98.6 98.2 98.2 98.2 98.2
Government Budget (% of GDP) -2.50 -3.2 -2.2 -2.2 -2.2 -2.2
Business Confidence (Index Points) 102.00 100 102 104 105 105
Manufacturing PMI 50.10 50.5 52.5 52.9 52.7 53.6
Services PMI (Index Points) 51.10 52 52.7 53.4 53.2 54
Consumer Confidence (Index Points) 104.00 95 92 94 97 99
Retail Sales MoM (%) 0.60 0.5 0.4 -0.4 0.6 0.4
Corporate Tax Rate (%) 31.00 33.3 33.3 31 31 33.3
Personal Income Tax Rate (%) 45.00 45 45 45 45 45
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.30 0.3 0.3 0.4 0.3 0.4
GDP Annual Growth Rate (%) 1.40 1.3 1.5 1.5 1.4 1.6
GDP (USD Billion) 2777.54 2890 2920 2920 2920 2920
GDP Constant Prices (EUR Million) 578492.00 580798 581945 585332 587169 590091
Gross Fixed Capital Formation (EUR Million) 134458.00 134028 134293 135270 136475 136172
GDP per capita (USD) 43663.60 44200 44800 44800 44800 44800
GDP per capita PPP (USD) 39555.50 39700 40400 40400 40400 40400
GDP From Agriculture (EUR Million) 8436.00 7930 7945 8494 8563 8057
GDP From Construction (EUR Million) 28296.00 28261 28316 28562 28720 28713
GDP From Manufacturing (EUR Million) 57182.00 58784 58900 58178 58040 59725
GDP From Services (EUR Million) 295995.00 296299 296884 299245 300435 301040
GDP From Transport (EUR Million) 23088.00 23270 23316 23089 23434 23642
GDP From Utilities (EUR Million) 12176.00 12695 12720 12303 12359 12898
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate (%) 8.50 8.1 7.8 8 7.6 7.2
Unemployed Persons (Thousand) 3373.30 3340 3336 3332 3310 3290
Employment Rate (%) 66.00 66.1 66.2 66.3 66.5 66.6
Long Term Unemployment Rate (%) 3.20 3 2.8 3.1 2.7 3
Youth Unemployment Rate (%) 19.20 18 18.8 18.5 18.7 17.6
Labour Costs (Index Points) 107.60 109 109 108 108 110
Wages (EUR/Month) 2988.00 3016 3016 3009 3000 3034
Wages in Manufacturing (Index Points) 103.60 103 103 104 104 103
Minimum Wages (EUR/Month) 1521.22 1521 1650 1650 1650 1650
Wage Growth (%) 0.50 0.6 0.7 0.4 0.5 0.5
Population (Million) 67.19 67.33 67.46 67.46 67.46 67.46
Retirement Age Women 62.00 62 62 62 62 62
Retirement Age Men 62.00 62 62 62 62 62
Initial Jobless Claims (Thousand) -20.10 -4.4 20.5 -8.6 -30 -6
Labor Force Participation Rate (%) 72.00 72.6 72.6 72.7 72.8 72.8
Manufacturing Payrolls (Thousand) 2782.80 2780 2790 2800 2810 2820
Living Wage Family (EUR/Month) 1790.00 1801 1801 1803 1797 1812
Living Wage Individual (EUR/Month) 1080.00 1086 1086 1088 1084 1093
Non Farm Payrolls (Thousand) 25395.90 25450 25450 25500 25560 25640
Nonfarm Payrolls Private (Thousand) 19591.40 19650 19690 19720 19750 19790
Employment Change (%) 0.30 0.4 0.3 0.4 0.3 0.5
Government Payrolls (Thousand) 5804.60 5800 5750 5780 5810 5850
Wages Low Skilled (EUR/Month) 1610.00 1620 1620 1621 1616 1629
Wages High Skilled (EUR/Month) 3120.00 3139 3139 3142 3132 3158
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 0.90 1.2 1.4 1.3 1.1 1.2
Inflation Rate Mom (%) -0.30 0.5 0.4 0.3 -0.2 0.4
Consumer Price Index CPI (Index Points) 104.52 105 106 105 106 107
Core Consumer Prices (Index Points) 102.78 104 104 103 104 105
Core Inflation Rate (%) 0.70 0.9 0.9 1 1.2 1.4
Producer Prices (Index Points) 102.40 106 107 105 103 108
Producer Prices Change (%) -0.70 0.5 0.7 0.6 1 1.4
Food Inflation (%) 3.10 2.2 2.2 2.1 1.9 2.5
CPI Housing Utilities (Index Points) 105.73 107 107 107 107 109
CPI Transportation (Index Points) 108.73 108 108 108 109 110
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.42 -0.31 -0.06 -0.41 -0.41 -0.06
Banks Balance Sheet (EUR Million) 9967149.00 9750000 9820000 9860000 9910000 9950000
Loans to Private Sector (EUR Million) 2565106.00 2620000 2500900 2548584 2576681 2860000
Loan Growth (%) 5.65 3.8 3.6 3.2 3 2.7
Private Debt to GDP (%) 256.75 245 240 240 240 240
Central Bank Balance Sheet (EUR Million) 1161414.00 1250000 1320000 1380000 1420000 1460000
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (EUR Million) -5019.00 -4140 -3950 -3950 -4260 -3350
Current Account (EUR Million) -2487.00 -590 -2600 -2400 -1240 -550
Current Account to GDP (%) -0.30 -0.4 -0.2 -0.2 -0.2 -0.2
Imports (EUR Million) 47836.00 48500 49100 49680 49990 50500
Exports (EUR Million) 42818.00 44360 45150 45420 46250 47150
External Debt (EUR Million) 5685844.00 5170000 5180000 5180000 5210000 5253000
Foreign Direct Investment (EUR Million) 1819.00 3720 3440 1980 3220 4330
Tourism Revenues (EUR Million) 7382.00 2680 4050 5190 4910 2750
Tourist Arrivals (Thousand) 89300.00 85700 86200 86200 86200 86200
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP (%) 98.40 98.6 98.2 98.2 98.2 98.2
Government Budget (% of GDP) -2.50 -3.2 -2.2 -2.2 -2.2 -2.2
Government Budget Value (EUR Billion) -123.14 -65 207 -27 -56 -62
Government Spending (EUR Million) 136971.00 138370 138643 138531 139026 140584
Government Spending to GDP (%) 56.00 55.7 54.4 54.4 54.4 54.4
Government Debt (EUR Billion) 2375.40 2420 2440 2450 2460 2470
Taxes Actual Q4 Q1 Q2 Q3 2020
Corporate Tax Rate (%) 31.00 33.3 33.3 31 31 33.3
Personal Income Tax Rate (%) 45.00 45 45 45 45 45
Sales Tax Rate (%) 20.00 20 20 20 20 20
Social Security Rate (%) 59.20 59.2 59.2 59.2 59.2 59.2
Social Security Rate For Companies (%) 45.00 45 45 45 45 45
Social Security Rate For Employees (%) 14.20 14.2 14.2 14.2 14.2 14.2
Business Actual Q4 Q1 Q2 Q3 2020
Business Confidence (Index Points) 102.00 100 102 104 105 105
Manufacturing PMI 50.10 50.5 52.5 52.9 52.7 53.6
Services PMI (Index Points) 51.10 52 52.7 53.4 53.2 54
Composite Pmi (Index Points) 50.80 52 52.6 53.2 53 53.8
Industrial Production (%) -1.40 -0.2 0.6 1.1 0.9 1.4
Industrial Production Mom (%) -0.90 0.6 -0.8 -0.4 0.3 0.4
Manufacturing Production (%) -1.60 -0.6 0.4 0.8 0.9 1.1
Zew Economic Sentiment Index -21.20 -12 -17 -14 -10 -6
Car Registrations 179523.00 160100 179100 178400 159100 164400
Mining Production (%) -3.10 -2 0.5 1.1 1.6 1.5
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Confidence (Index Points) 104.00 95 92 94 97 99
Retail Sales MoM (%) 0.60 0.5 0.4 -0.4 0.6 0.4
Retail Sales YoY (%) 2.30 3.6 3 2.6 2.5 2.2
Consumer Spending (EUR Million) 311496.00 312692 313309 315479 316168 317695
Disposable Personal Income (EUR Million) 365896.00 367313 368038 370417 371384 373190
Households Debt To GDP (% of GDP) 60.20 61 59 59 59 59
Personal Spending (%) 0.00 0.7 -0.4 -0.2 0.6 0.4
Bank Lending Rate (%) 1.75 1.77 2.02 1.75 1.75 2.02
Consumer Credit (EUR Million) 1450457.00 1416721 1422667 1432695 1455795 1439389
Gasoline Prices (USD/Liter) 1.70 1.6 1.56 1.47 1.43 1.56
Housing Actual Q4 Q1 Q2 Q3 2020
Construction Output (%) -0.30 1.1 1.9 2 1.5 1.7
Housing Index (Index points) 109.73 110 110 111 111 112
Housing Starts (units) 16300.00 33800 36800 32900 32900 36200
Home Ownership Rate (%) 64.40 63.2 63 63 63 63
New Home Sales (Units) 33922.00 30500 28500 32200 26500 34200
Construction Pmi 51.10 51.2 51.9 51.8 52 52.5
Building Permits 30000.00 34200 38200 41900 49100 38100


This page has economic forecasts for France including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the France economy.