France | GDP (current US$)

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Limitations and exceptions: Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice. Many statistical offices, especially those in developing countries, face severe limitations in the resources, time, training, and budgets required to produce reliable and comprehensive series of national accounts statistics. Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
French Republic
Records
63
Source
France | GDP (current US$)
1960 62225478000.882
1961 67461644222.035
1962 75607529809.929
1963 84759195105.869
1964 94007851047.368
1965 101537248148.43
1966 110045852177.93
1967 118972977486.21
1968 129785441507.46
1969 141903068680.31
1970 148456359985.83
1971 165966615366.4
1972 203494148244.47
1973 264429876252.21
1974 285553737043.1
1975 360832186018.05
1976 372319038514.07
1977 410279486493.72
1978 506709302325.58
1979 613953129818.07
1980 701288419745.42
1981 615552202776.1
1982 584877732308.61
1983 559869179791.72
1984 530683779929.45
1985 553138414367.06
1986 771470783218.11
1987 934173305685.91
1988 1018847043277.2
1989 1025211803413.5
1990 1269179616913.6
1991 1269276828275.8
1992 1401465923172.2
1993 1322815612694
1994 1393982750472.6
1995 1601094756209.8
1996 1605675086549.6
1997 1452884917959.1
1998 1503108739159.4
1999 1493151737698.5
2000 1365639660792.2
2001 1377657339291.3
2002 1501409382971.4
2003 1844544792036.9
2004 2119633181634.4
2005 2196945232435.8
2006 2320536221304.7
2007 2660591246211.8
2008 2930303780828.1
2009 2700887366932
2010 2645187882116.7
2011 2865157541994.2
2012 2683671716967.2
2013 2811876903329
2014 2855964488590.2
2015 2439188643162.5
2016 2472964344587.2
2017 2595151045197.6
2018 2790956878746.7
2019 2728870246705.9
2020 2647418691598.5
2021 2959355819170.5
2022 2779092236505.9

France | GDP (current US$)

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Limitations and exceptions: Gross domestic product (GDP), though widely tracked, may not always be the most relevant summary of aggregated economic performance for all economies, especially when production occurs at the expense of consuming capital stock. While GDP estimates based on the production approach are generally more reliable than estimates compiled from the income or expenditure side, different countries use different definitions, methods, and reporting standards. World Bank staff review the quality of national accounts data and sometimes make adjustments to improve consistency with international guidelines. Nevertheless, significant discrepancies remain between international standards and actual practice. Many statistical offices, especially those in developing countries, face severe limitations in the resources, time, training, and budgets required to produce reliable and comprehensive series of national accounts statistics. Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Statistical concept and methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.
Publisher
The World Bank
Origin
French Republic
Records
63
Source