France recorded a Current Account deficit of 0.70 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in France averaged -0.02 percent of GDP from 1980 until 2023, reaching an all time high of 3.40 percent of GDP in 1999 and a record low of -2.10 percent of GDP in 1982. source: EUROSTAT

Current Account to GDP in France is expected to reach -1.50 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Current Account to GDP is projected to trend around -1.00 percent of GDP in 2025 and -0.50 percent of GDP in 2026, according to our econometric models.

Related Last Previous Unit Reference
Balance of Trade -5244.00 -7213.00 EUR Million Feb 2024
Capital Flows 128.00 570.00 EUR Million Feb 2024
Current Account 879.00 -467.00 EUR Million Feb 2024
Current Account to GDP -0.70 -2.00 percent of GDP Dec 2023
Exports 51052.00 48836.00 EUR Million Feb 2024
Exports by Category
Exports by Country
External Debt 6990183.00 6878425.00 EUR Million Sep 2023
External Debt to GDP 253.00 252.00 percent of GDP Sep 2023
Foreign Direct Investment -539.00 4899.00 EUR Million Feb 2024
Gold Reserves 2436.97 2436.91 Tonnes Dec 2023
Imports 56296.00 56048.00 EUR Million Feb 2024
Imports by Category
Imports by Country
Natural Gas Imports 158691.33 138549.96 Terajoule Mar 2024
Remittances 19.00 19.00 EUR Million Feb 2024
Terrorism Index 2.65 4.42 Points Dec 2023
Tourism Revenues 3789.00 3923.00 EUR Million Feb 2024
Tourist Arrivals 1990.00 1879.00 Thousand Feb 2024
Weapons Sales 3021.00 3853.00 SIPRI TIV Million Dec 2022

France Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-0.70 -2.00 3.40 -2.10 1980 - 2023 percent of GDP Yearly