Source: world bank Nominal/PPP
Summary:
France GDP Per Capita expanded from 1960 to 2024, increasing from $1,306.80 to $46,103.08 .The compound annual growth rate (CAGR) averaged 5.73% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 25.89%, indicating the largest cyclical decline from peak levels. The country experienced 11 recession episode(s) during the observed period.
France Economic Phases (1960 - 2024)
From 1960 to 2024, France economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- High Growth (1961–1969) indicating robust economic expansion
- High Growth (1971–1975) indicating robust economic expansion
- High Growth (1977–1980) indicating robust economic expansion
- Contraction (1982–1984) indicating temporary slowdown
- High Growth (1986–1988) indicating robust economic expansion
- High Growth (1994–1995) indicating robust economic expansion
- Contraction (1996–1997) indicating temporary slowdown
- Contraction (1999–2001) indicating temporary slowdown
- High Growth (2002–2004) indicating robust economic expansion
- High Growth (2006–2008) indicating robust economic expansion
- Contraction (2009–2010) indicating temporary slowdown
- Expansion (2013–2014) indicating steady moderate growth
- Expansion (2016–2017) indicating steady moderate growth
- Contraction (2019–2020) indicating temporary slowdown
- Expansion (2024–2024) indicating steady moderate growth
The most remarkable growth occurred in 1986 with an increase of 39.075%, while the largest decline was in 2015 at -14.938%.