France GFCF contribution to GDP volume: public authorities
France GFCF contribution to GDP volume: public authorities stood at 0.12% 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 1950 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 fixed capital formation - Public Authorities - Total products (new classification) - Contribution to changes in the GDP in volume | 0.12 | 0.23 | 0.22 | 0.01 | 0.1 | -0.23 | 0.31 | 0.1 | -0.05 | 0.03 | |
| Imports of goods and services - Total institutional sectors - Total products (new classification) - Contribution to changes in the GDP in volume | -0.96 | 0.21 | 0.09 | -2.94 | -2.5 | 4.11 | -0.66 | -1.05 | -1.42 | -1.21 |
Understanding france GFCF contribution to GDP volume: public authorities
This series measures the percentage point contribution of public authorities' gross fixed capital formation to the annual volume growth rate of total domestic production. It isolates real capital investments made by government entities—such as infrastructure, buildings, and civil engineering works—weighted by their proportion of the aggregate economy. It differs from public consumption metrics by tracking long-term asset accumulation rather than immediate operational expenditures.
Interpreting this series requires accounting for multi-year capital project cycles, which can cause lumpy year-on-year variations in public investment flows. Revisions often occur when public agencies submit final audited capital expenditure reports replacing preliminary budget estimates. Analysts look to this measure to gauge the government's role in supporting physical infrastructure development and long-term economic capacity.
Frequently asked questions
- What types of expenditures are counted in public capital formation?
- It covers government investments in physical assets like transport infrastructure, public buildings, and civil works.
- How does public investment differ from public consumption in growth contributions?
- Investment builds long-term capital assets, whereas consumption covers day-to-day operational services.
- Why can public investment contributions show sharp annual volatility?
- Large-scale infrastructure projects and multi-year construction cycles create uneven spending patterns across years.