National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for France
Growth rate previous period, Annual
NAEXKP06FRA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.53
Year-over-Year Change
-4.35%
Date Range
1/1/1961 - 1/1/2024
Summary
The Growth rate previous period, Annual trend measures the year-over-year change in France's real gross domestic product. This key macroeconomic indicator provides insight into the overall health and growth trajectory of the French economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This annual growth rate series represents the percentage change in France's real GDP compared to the previous year. Economists and policymakers closely monitor this metric to assess the country's economic performance and make informed decisions.
Methodology
The data is calculated based on official GDP figures reported by the French National Institute of Statistics and Economic Studies.
Historical Context
The growth rate trend is a leading indicator used to evaluate France's economic policies and guide future fiscal and monetary interventions.
Key Facts
- France's GDP grew by 2.8% in 2022.
- The growth rate reached a low of -7.9% in 2020 due to the COVID-19 pandemic.
- The long-term average annual growth rate for France is around 1.7%.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Annual trend measures the year-over-year percentage change in France's real gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This key macroeconomic indicator provides insights into the overall health and growth trajectory of the French economy, which is crucial for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on official GDP figures reported by the French National Institute of Statistics and Economic Studies.
Q: How is this trend used in economic policy?
A: The growth rate trend is a leading indicator used to evaluate France's economic policies and guide future fiscal and monetary interventions.
Q: Are there update delays or limitations?
A: The data is published annually, with a typical delay of several months after the end of the reference year.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual (NAEXKP06FRA657S), retrieved from FRED.