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France final domestic demand excl. stocks at current prices

France final domestic demand excl. stocks at current prices stood at 765,187 EUR million in Q2 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Quarterly GDP and value added table (Value · Quarterly), with a complete series running from Q1 1949 to Q2 2026. The complete series with an interactive chart, free to download.

Source: INSEE – Institut national de la statistique et des études économiques (BDM)Last updated: Curated by Bui Thanh Phuc
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This indicator in the Quarterly GDP and value added table

IndicatorQ2-2026Q1-2026Q4-2025Q3-2025Q2-2025Q1-2025Q4-2024Q3-2024Q2-2024Q1-2024
Levels
Total final domestic demand excluding stocks - Values at current prices - SA-WDA series765,187757,537755,964752,692748,054745,722741,484740,901736,237735,607
Total final domestic demand excluding stocks - Volumes chained at previous year prices - SA-WDA series656,741655,460657,144655,706653,585652,389652,311651,960650,149649,841

Understanding france final domestic demand excl. stocks at current prices

This indicator measures the total monetary value of final domestic consumption and gross fixed capital formation at current market prices, explicitly removing any adjustments for changes in inventories and valuables. By excluding inventory swings, the series focuses purely on intentional purchases made by households, government entities, and corporate investors for immediate use or capital expansion. It contrasts with broader domestic demand metrics by ignoring the accumulation or decumulation of unsold goods held in warehouses.

Interpreting this metric provides a cleaner signal of underlying final purchase trends without the noise introduced by volatile inventory cycles. Seasonality remains prominent due to consumer holiday spending cycles, necessitating reliance on the seasonally and working-day adjusted series for accurate quarter-to-quarter tracking. Revisions occur as tax records, retail audits, and construction expenditure surveys replace initial administrative estimates.

Frequently asked questions

Why remove inventories from final domestic demand?
Excluding inventories isolates actual final purchases made by buyers, removing the distortion caused by unsold goods accumulating in storage or being drawn down from stock.
Does this series include government spending?
Yes, general government final consumption and public capital formation remain fully included alongside household and private corporate expenditures.
Is this measure expressed in real or nominal terms?
This specific series is expressed in current prices, capturing the nominal monetary value of expenditures without removing inflation.

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