France constructions, net
France constructions, net stood at 8,874,906.5 EUR million in 2025, according to INSEE – Comptes de patrimoine par branches (comptes nationaux annuels, base 2020), Melodi. It is one of the indicators in the Non-financial assets table (Value · Annual), with a complete series running from 1959 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Non-financial assets table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Constructions, net2 | 8,874,906.5 | 8,731,323.7 | 8,611,787.9 | 8,383,474.3 | 7,791,141.9 | 7,180,426.3 | 6,927,075.4 | 6,740,687 | 6,526,235.4 | 6,309,453.7 | |
| Dwellings, net | 6,044,981.8 | 5,951,627.4 | 5,873,716.3 | 5,717,328.7 | 5,306,875.8 | 4,885,868.6 | 4,692,064.4 | 4,548,104.4 | 4,393,223.8 | 4,245,173.6 | |
| Other buildings and civil engineering works, net | 2,829,924.7 | 2,779,696.3 | 2,738,071.6 | 2,666,145.6 | 2,484,266.1 | 2,294,557.7 | 2,235,011 | 2,192,582.6 | 2,133,011.6 | 2,064,280.1 |
Understanding france constructions, net
Constructions capture all permanent structures, encompassing residential and commercial buildings alongside civil engineering works such as transport infrastructure and utility networks. This sub-category represents the largest physical component of the fixed capital stock. The net classification ensures that the depreciated physical condition of aging buildings and infrastructure is reflected rather than original construction costs.
Observing this metric requires noting that construction projects involve long gestation periods, meaning capital stocks adjust slowly to new investment flows. Annual changes reflect both new completions and the steady depreciation of the vast existing building stock. Analysts should avoid equating shifts in this series with short-term housing market turnover, as balance sheet values reflect long-term capital valuation rather than immediate transaction prices.
Frequently asked questions
- Does this category include the value of the underlying land beneath buildings?
- No, land is classified separately under non-produced assets, while constructions cover only the built structures.
- What broad types of structures are combined under constructions?
- It aggregates both residential/non-residential buildings and civil engineering works like roads and bridges.
- Why is the year-on-year change typically smoother for constructions than for machinery?
- The massive scale of the existing building stock dampens the percentage impact of any single year's new construction or retirement.