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France general government non-financial asset acquisitions

France general government non-financial asset acquisitions stood at 34,206 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 1980 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 Government accounts table

IndicatorQ2-2026Q1-2026Q4-2025Q3-2025Q2-2025Q1-2025Q4-2024Q3-2024Q2-2024Q1-2024
Acquisitions of non-financial assets - Values at current prices - SA-WDA series34,20634,32834,72634,60434,43534,12933,67633,57433,21732,177
Acquisitions less disposals of valuables - Values at current prices - SA-WDA series0000000000
Total general government expenditure - Values at current prices - SA-WDA series437,249434,779432,487429,761427,554424,908422,896420,416416,617413,014

Understanding france general government non-financial asset acquisitions

Capital formation expenditures undertaken by administrative bodies to build up or expand their holding of fixed assets are tracked by this specific line. Included within this monetary aggregate are outlays directed toward infrastructure improvements, machinery, equipment, and structural property developments executed by all institutional levels of the public sector. Unlike operational outlays that vanish within the accounting period, these transactions generate long-lasting capital goods meant for sustained utility across future production cycles. Excluded from this measure are current intermediate purchases consumed during routine administrative operations as well as financial asset transactions.

Interpreting these flows requires accounting for seasonal spikes typical in construction contracts and capital project settlements, even after statistical adjustments are applied. Revisions often occur as local administrative bodies submit delayed project execution reports to central statistical compilers. Comparing consecutive periods can mislead analysts due to lumpy capital outlays tied to large infrastructure delivery milestones, making year-over-year comparisons far more reliable for discerning underlying structural shifts in investment priorities.

Frequently asked questions

What types of physical assets are included in non-financial asset acquisitions?
Buildings, civil engineering works, transport equipment, and machinery purchased or constructed by public bodies are captured here.
Why can this quarterly series show sudden jumps?
Capital projects are lumpy by nature, meaning large outlays are recorded when specific construction milestones or deliveries are completed.
Does this figure account for the sale of public property?
No, disposals of existing assets are recorded separately and are not netted out within this specific acquisition measure.

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