France general government gross fixed capital formation
France general government gross fixed capital formation stood at 33,269 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 Government accounts table (Value · Quarterly), with a complete series running from Q1 1949 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Government accounts table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross fixed capital formation of general government - Values at current prices - SA-WDA series | 33,269 | 33,262 | 33,491 | 33,235 | 32,985 | 32,650 | 32,217 | 32,203 | 32,000 | 31,178 | |
| Other expenditure - Values at current prices - SA-WDA series | 144,772 | 143,767 | 143,041 | 142,669 | 141,705 | 140,832 | 139,976 | 139,304 | 138,504 | 137,722 | |
| Other income - Values at current prices - SA-WDA series | 43,550 | 42,452 | 42,179 | 42,595 | 42,186 | 41,999 | 41,967 | 41,561 | 41,110 | 40,368 |
Understanding france general government gross fixed capital formation
Acquisitions minus disposals of durable assets by public administrative units, including infrastructure, buildings, transport equipment, and engineered structures intended for use in production over periods exceeding one year. This metric differs from intermediate consumption by tracking investments in long-lived capital goods rather than short-term operational inputs. The series records net additions to the public capital stock after accounting for sales or disposals of existing assets.
Reading these figures requires accounting for weather-related disruptions in construction and engineering projects, which frequently introduce strong seasonal patterns into the quarterly data. Comparing performance against matching periods in prior years is generally more informative than consecutive quarter assessments due to project delivery schedules. Initial estimates of capital outlays are prone to substantial revisions as contractor reporting and project completion audits are finalized.
Frequently asked questions
- What types of assets are included in public capital formation?
- The measure covers infrastructure projects, public buildings, transport equipment, and major software or machinery investments used in administration and service delivery.
- How does this investment measure differ from current operational spending?
- Capital formation records outlays for durable assets that provide economic benefits over multiple years, whereas current spending covers goods consumed immediately.
- Why do weather conditions influence these quarterly investment figures?
- Civil engineering and infrastructure construction are heavily dependent on weather conditions, creating predictable seasonal slowdowns during colder months.