France GFCF volume: all sectors transport equipment
France GFCF volume: all sectors transport equipment stood at 10,727 in Q2 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Fixed investment 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 Fixed investment table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Chain-linked volumes | |||||||||||
| GFCF of all sectors in all institutional sectors - Transport equipment | 10,727 | 10,463 | 10,570 | 10,727 | 10,509 | 10,417 | 10,156 | 9,865 | 10,697 | 10,624 | |
| GFCF of all sectors in all institutional sectors - Other manufactured products | 10,378 | 10,626 | 10,674 | 10,807 | 10,836 | 10,620 | 10,557 | 10,730 | 10,635 | 10,660 |
Understanding france GFCF volume: all sectors transport equipment
Transport equipment asset formation tracks the economy-wide acquisition and disposal of motor vehicles, railway rolling stock, aircraft, ships, and spacecraft across all institutional sectors. The series captures vehicles utilized for both commercial freight and passenger transport, subtracting disposals of aging corporate fleets. Routine fuel purchases, maintenance servicing, and leasing fees are excluded, as these represent operational costs rather than capital additions. Unlike capital goods that measure factory machinery, this series pinpoints mobile assets dedicated to logistics and mobility.
Interpreting transport investment demands caution due to the lumpiness of high-value fleet orders, such as commercial aircraft deliveries or mass transit vehicle acquisitions, which distort single-quarter trajectories. Analysts rely on year-on-year percentage changes to smooth out erratic quarterly procurement patterns. Early estimates are routinely revised as registry data and vehicle registration numbers are reconciled. Users should avoid comparing this series directly with consumer vehicle purchases, because household automotive outlays are split between durable consumption and unincorporated enterprise investment.
Frequently asked questions
- Are commercial aircraft and ships included in transport equipment investment?
- Yes, heavy commercial vehicles, aircraft, ships, and railway stock are fully captured alongside road vehicles.
- How do large fleet orders impact quarterly transport equipment data?
- High-value corporate purchases can introduce significant lumpiness, making single-quarter movements volatile and difficult to interpret.
- Does this series include the routine fuel and maintenance costs of commercial fleets?
- No, operational expenses like fuel and servicing are categorized as intermediate consumption rather than fixed capital.