The French economy advanced 0.3 percent on quarter in the three months to March 2019, the same pace as in the previous period and matching market expectations, the first estimate showed. Household consumption and fixed investment were the main drivers of growth while net foreign demand contributed negatively. GDP Growth Rate in France averaged 0.78 percent from 1949 until 2019, reaching an all time high of 8 percent in the third quarter of 1968 and a record low of -5.30 percent in the second quarter of 1968.
GDP Growth Rate in France is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in France to stand at 0.30 in 12 months time. In the long-term, the France GDP Growth Rate is projected to trend around 0.50 percent in 2020, according to our econometric models.