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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
December 2017

French GDP growth should increase markedly in 2017 to 1.8% (annual average, working-day adjusted) after 1.1% in 2016. It is then expected to remain at a broadly similar rate (1.7% in 2018, 1.8% in 2019 and 1.6% in 2020). Domestic demand, especially...

  • Published on 12/14/2017
  • 18 pages
  • EN
  • PDF (522.21 KB)


Publication Economic projections
June 2017

According to the Banque de France’s macroeconomic projections for France – constructed as part of the Eurosystem projection exercise on the basis of assumptions with a cut-off date of mid-May 2017 – the economic recovery should be confirmed over the...

  • Published on 06/09/2017
  • 14 pages
  • EN
  • PDF (619.18 KB)