France's GDP up 0.2% in Q4 2025: INSEE

04 Mar '26

2 min read

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Insights

France's GDP rose by 0.2 per cent in Q4 2025, and the household savings rate declined again, standing at 17.9 per cent of gross disposable income after being at 18.3 per cent in Q3 2025, official statistics show.
The profit margin of non-financial corporations was stable in the quarter, at 31.5 per cent of their value added.
Final domestic demand excluding inventories contributed positively to GDP growth.

France’s gross domestic product (GDP) increased slightly by 0.2 per cent in the fourth quarter (Q4) last year, and the household savings rate declined again, standing at 17.9 per cent of gross disposable income (GDI) after being at 18.3 per cent in Q3 2025 and 18.7 per cent in Q2 2025, according to the National Institute of Statistics and Economic Studies (INSEE).

The purchasing power of household GDI per consumption unit declined again.

The profit margin of non-financial corporations (NFCs) was stable in the quarter, at 31.5 per cent of their value added.

Gross fixed capital formation (GFCF) slowed down significantly in Q4 2025, mainly due to the downturn in GFCF in manufactured products.

Overall, final domestic demand excluding inventories contributed positively to GDP growth in the quarter.

Exports slowed down in Q4 2025, rising by 1 per cent after a 3.1-per cent rise in the previous quarter, while, imports fell back sharply by 1.1 per cent after a 1.4-per cent rise in Q3 2025, particularly due to the drop in imports of manufactured products.

Overall, the contribution of foreign trade to GDP growth was once again quite positive in the quarter, an INSEE release said.

The contribution of inventory changes to GDP growth was negative again in this quarter.

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