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Macroeconomic projections

In order to contribute to the national and European economic debate, the Banque de France periodically publishes macroeconomic forecasts for France, constructed as part of the Eurosystem projection exercise and covering the current and two forthcoming years. Each publication comprises a summary of the projections. Some also include an in-depth analysis of the results, along with focus articles on topics of interest.


Publication Economic projections
Macroeconomic projections – June 2019

▪ French GDP should expand by 1.3% in 2019 and by 1.4% in 2020 and 2021. This pace of growth should allow the unemployment rate to fall gradually, reaching 8.1% in 2021. ...

  • Published on 06/11/2019
  • 10 pages
  • EN
  • PDF (450.94 KB)


Publication Economic projections
Macroeconomic projections - March 2019

▪ French GDP should grow by around 1.4-1.5% per year between 2019 and 2021. This growth rate, which has been slightly revised since our December 2018 projections, should lead to a gradual fall in unemployment to 8% in 2021. ...

  • Published on 03/15/2019
  • 9 pages
  • EN
  • PDF (389.93 KB)