France GDP, product approach chained price: all sectors
France GDP, product approach chained price: all sectors stood at 2,646,746 in 2025, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Annual national accounts table (Value · Annual), with a complete series running from 1949 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Annual national accounts table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross domestic product | |||||||||||
| Gross domestic product, product approach - All institutional sectors - All products - Chained base year price (unbalanced) | 2,646,746 | 2,625,622 | 2,586,706 | 2,545,145 | 2,477,828 | 2,318,276 | 2,504,637 | 2,454,866 | 2,415,116 | 2,365,821 | |
| Gross domestic product, product approach - All institutional sectors - All products - Current price | 2,991,056 | 2,935,236 | 2,833,826 | 2,653,997 | 2,508,102 | 2,318,276 | 2,432,207 | 2,355,363 | 2,291,681 | 2,231,819 |
Understanding france GDP, product approach chained price: all sectors
This series measures the total volume of domestic production across all institutional sectors and product classifications, evaluated using the prices of the reference year. By chaining annual volume updates, the series removes the distorting effects of general price inflation to reveal underlying physical output trends. It differs from its nominal counterpart by holding prices constant, allowing researchers to isolate true changes in economic productivity and physical volume.
When evaluating these figures, analysts must account for potential revisions in early annual estimates as more complete survey data replaces preliminary approximations. Chaining methods eliminate additive consistency across detailed sub-aggregates, meaning component volumes may not sum perfectly to the aggregate total. Comparing this metric with current-price series reveals the isolated impact of inflation on the monetary value of production over the same timeframe.
Frequently asked questions
- What is the purpose of chained prices in national accounts?
- Chained prices remove the impact of inflation to show underlying changes in the physical volume of production.
- Why do chained volume components fail to sum to the total?
- Annual chain-linking creates non-additive sub-aggregates to account for changing relative prices between periods.
- How do preliminary estimates differ from final figures?
- Early estimates rely on partial indicators and are routinely revised as comprehensive administrative datasets become available.