Markets Actual Q3 Q4 Q1 Q2 2020
Currency 1.11 1.1 1.1 1.09 1.09 1.08
Stock Market (points) 5344.64 5258 5195 5134 5074 4954
Government Bond 10Y (%) -0.41 0.02 0.04 0.06 0.09 0.1
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.20 0.4 0.3 0.3 0.4 0.4
GDP Annual Growth Rate (%) 1.30 1.4 1.3 1.5 1.5 1.6
Unemployment Rate (%) 8.50 8.5 8.1 7.8 8 7.2
Inflation Rate (%) 1.10 1.2 1.5 1.4 1.5 2
Inflation Rate Mom (%) -0.20 -0.3 0.5 0.4 0.3 0.4
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) -5187.00 -4900 -4140 -3950 -3950 -3350
Current Account (EUR Million) -755.00 -1720 -590 -2600 -2400 -550
Current Account to GDP (%) -0.30 -0.4 -0.4 -0.2 -0.2 -0.2
Government Debt to GDP (%) 98.40 98.6 98.6 98.2 98.2 98.2
Government Budget (% of GDP) -2.50 -3.2 -3.2 -2.7 -2.7 -2.7
Business Confidence (Index Points) 101.00 101 100 102 104 105
Manufacturing PMI 49.70 51.5 52 52.5 52.9 53.6
Services PMI (Index Points) 52.60 51.2 52 52.7 53.4 54
Consumer Confidence (Index Points) 102.00 98 94 92 94 95
Retail Sales MoM (%) -0.40 0.7 0.5 0.4 -0.4 0.4
Corporate Tax Rate (%) 31.00 33.3 33.3 33.3 31 33.3
Personal Income Tax Rate (%) 45.00 45 45 45 45 45
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.20 0.4 0.3 0.3 0.4 0.4
GDP Annual Growth Rate (%) 1.30 1.4 1.3 1.5 1.5 1.6
GDP (USD Billion) 2777.54 2890 2890 2920 2920 2920
GDP Constant Prices (EUR Million) 577905.00 580400 582110 585141 586574 591424
Gross Fixed Capital Formation (EUR Million) 134492.00 133643 134290 135262 136509 136439
GDP per capita (USD) 43663.60 44200 44200 44800 44800 44800
GDP per capita PPP (USD) 39555.50 39700 39700 39700 40400 40400
GDP From Agriculture (EUR Million) 8436.00 8395 8423 8494 8563 8558
GDP From Construction (EUR Million) 28319.00 28350 28399 28577 28744 28854
GDP From Manufacturing (EUR Million) 57216.00 57780 57829 58226 58074 58754
GDP From Services (EUR Million) 295790.00 296304 297701 299312 300227 302465
GDP From Transport (EUR Million) 23004.00 22642 22711 23079 23349 23075
GDP From Utilities (EUR Million) 12167.00 12148 12197 12295 12350 12392
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 8.50 8.5 8.1 7.8 8 7.2
Unemployed Persons (Thousand) 3382.60 3348 3340 3336 3332 3290
Employment Rate (%) 66.00 65.9 66.1 66.2 66.3 66.6
Long Term Unemployment Rate (%) 3.20 3.2 3 3 3.1 3
Youth Unemployment Rate (%) 20.10 18.2 18 19.5 19.2 17.6
Labour Costs (Index Points) 107.50 109 109 109 108 110
Wages (EUR/Month) 2988.00 3010 3016 3016 3009 3034
Wages in Manufacturing (Index Points) 103.10 102 103 103 104 103
Minimum Wages (EUR/Month) 1521.22 1521 1521 1650 1650 1650
Wage Growth (%) 0.80 0.4 0.6 0.7 0.4 0.5
Population (Million) 67.19 67.55 67.43 67.67 67.67 67.67
Retirement Age Women 62.00 62 62 62 62 62
Retirement Age Men 62.00 62 62 62 62 62
Initial Jobless Claims (Thousand) 6.10 -26.2 -4.4 20.5 -8.6 -6
Labor Force Participation Rate (%) 72.00 72.5 72.6 72.6 72.7 72.8
Manufacturing Payrolls (Thousand) 2780.90 2780 2780 2790 2800 2820
Living Wage Family (EUR/Month) 1790.00 1757 1801 1801 1803 1812
Living Wage Individual (EUR/Month) 1080.00 1054 1086 1086 1088 1093
Non Farm Payrolls (Thousand) 25330.50 25400 25450 25450 25500 25640
Nonfarm Payrolls Private (Thousand) 19603.10 19610 19650 19650 19720 19790
Employment Change (%) 0.20 0.3 0.4 0.3 0.4 0.5
Government Payrolls (Thousand) 5792.20 5790 5800 5750 5780 5850
Wages Low Skilled (EUR/Month) 1610.00 1586 1620 1620 1621 1629
Wages High Skilled (EUR/Month) 3120.00 3474 3139 3139 3142 3158
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 1.10 1.2 1.5 1.4 1.5 2
Inflation Rate Mom (%) -0.20 -0.3 0.5 0.4 0.3 0.4
Consumer Price Index CPI (Index Points) 104.38 105 105 105 106 107
Core Consumer Prices (Index Points) 102.87 103 103 103 104 105
Core Inflation Rate (%) 0.90 1.1 1.1 1.2 1.4 1.5
Producer Prices (Index Points) 102.30 104 104 105 103 105
Producer Prices Change (%) 0.20 0.4 0.5 0.7 0.6 1.4
Food Inflation (%) 3.00 2.3 2.2 2.2 2.1 2.5
CPI Housing Utilities (Index Points) 105.52 105 106 107 108 109
CPI Transportation (Index Points) 108.82 108 108 108 109 110
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 0.00 0 0 0 0 0
Interbank Rate (%) -0.37 -0.33 -0.33 -0.33 -0.33 -0.33
Banks Balance Sheet (EUR Million) 9563462.00 9710000 9750000 9820000 9860000 9950000
Loans to Private Sector (EUR Million) 2524392.00 2475659 2500900 2548584 2562258 2540915
Loan Growth (%) 5.30 4.4 3.8 3.6 3.2 2.7
Private Debt to GDP (%) 257.13 245 245 240 240 240
Central Bank Balance Sheet (EUR Million) 1111882.00 1220000 1250000 1320000 1380000 1510000
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (EUR Million) -5187.00 -4900 -4140 -3950 -3950 -3350
Current Account (EUR Million) -755.00 -1720 -590 -2600 -2400 -550
Current Account to GDP (%) -0.30 -0.4 -0.4 -0.2 -0.2 -0.2
Imports (EUR Million) 47095.00 48140 48500 49100 49680 50500
Exports (EUR Million) 41908.00 43240 44360 45150 45420 47150
External Debt (EUR Million) 5484334.00 5301062 5170640 5180848 5180848 5253370
Foreign Direct Investment (EUR Million) 2348.00 3460 3720 3440 1980 4330
Tourism Revenues (EUR Million) 6134.00 4790 2680 4050 5190 2750
Tourist Arrivals (Thousand) 86900.00 85700 85700 86200 86200 86200
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 98.40 98.6 98.6 98.2 98.2 98.2
Government Budget (% of GDP) -2.50 -3.2 -3.2 -2.7 -2.7 -2.7
Government Budget Value (EUR Billion) -77.30 -64 -65 207 -27 -62
Government Spending (EUR Million) 136911.00 137753 138094 138468 138965 140304
Government Spending to GDP (%) 56.00 55.7 55.7 54.4 54.4 54.4
Government Revenues (EUR Billion) 143.77 238 318 72 171 324
Government Debt (EUR Billion) 2358.90 2410 2420 2440 2450 2470
Fiscal Expenditure (EUR Billion) 204.38 302 404 99 227 402
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 31.00 33.3 33.3 33.3 31 33.3
Personal Income Tax Rate (%) 45.00 45 45 45 45 45
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 Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) 101.00 101 100 102 104 105
Manufacturing PMI 49.70 51.5 52 52.5 52.9 53.6
Services PMI (Index Points) 52.60 51.2 52 52.7 53.4 54
Composite Pmi (Index Points) 51.90 51.5 52 52.6 53.2 53.8
Industrial Production (%) 0.00 0.9 1 1.2 1.5 1.7
Industrial Production Mom (%) -2.30 0.2 0.6 -0.8 -0.4 0.4
Manufacturing Production (%) -0.60 0.5 0.4 1 1.2 1.4
Zew Economic Sentiment Index -42.30 -10 -12 -4 -2 5
Car Registrations 175708.00 154500 160100 179100 187400 164400
Mining Production (%) 2.60 1.6 1.9 1.7 1.8 2.2
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Confidence (Index Points) 102.00 98 94 92 94 95
Retail Sales MoM (%) -0.40 0.7 0.5 0.4 -0.4 0.4
Retail Sales YoY (%) 1.30 3.8 3.6 3 2.6 2.2
Consumer Spending (EUR Million) 311327.00 313016 313698 315483 315997 318717
Disposable Personal Income (EUR Million) 364984.00 361476 365983 370459 370459 371838
Households Debt To GDP (% of GDP) 60.10 61 61 59 59 59
Personal Spending (%) -0.10 0.5 0.7 -0.4 -0.2 0.4
Bank Lending Rate (%) 1.74 1.7 1.7 1.7 1.7 1.7
Consumer Credit (EUR Million) 1434281.00 1395843 1416721 1432695 1447046 1439389
Gasoline Prices (USD/Liter) 1.75 1.7 1.66 1.62 1.58 1.58
Housing Actual Q3 Q4 Q1 Q2 2020
Construction Output (%) 2.40 2.3 2.5 1.9 2 1.7
Housing Index (Index points) 108.48 110 110 110 111 112
Housing Starts (units) 35500.00 30400 33800 36800 32900 36200
Home Ownership Rate (%) 64.40 63.2 63.2 63 63 63
New Home Sales (Units) 30863.00 32400 34500 28500 36200 40200
Construction Pmi 52.40 50.5 51.2 51.9 51.8 52.5
Building Permits 39200.00 46900 40200 45200 48900 45100


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.