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France GVA chained volumes: mining and manufacturing

France GVA chained volumes: mining and manufacturing stood at 292,859 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.

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 Annual national accounts table

Indicator2025202420232022202120202019201820172016
Gross value added, chain-linked volumes
Mining, quarrying and manufacturing292,859291,148276,051252,197278,536261,238286,241281,663275,100272,503
Construction122,143123,133123,077117,753122,587116,007126,099122,584122,392119,755

Understanding france GVA chained volumes: mining and manufacturing

This measure computes the constant-price gross value added originating from industrial operations involving the extraction of minerals, quarrying, and the transformation of raw materials into finished or semi-finished goods. It encompasses heavy industrial fabrication, light manufacturing, and assembly plants while excluding utility generation, waste management, and construction tasks. By employing chained 2020 prices, the series isolates real industrial output changes from price movements linked to raw material costs and global commodity markets.

When reading these figures, analysts must account for intense cyclical sensitivity, supply chain disruptions, and technological shifts that alter factory productivity over time. Revisions to early estimates often occur as industrial production surveys are reconciled with annual structural business statistics and tax declarations. Period-on-period comparisons can be misleading due to scheduled plant shutdowns, inventory adjustments, and seasonal manufacturing lulls, making multi-year growth paths a more reliable indicator of underlying industrial momentum.

Frequently asked questions

Does this manufacturing measure include energy generation and water supply?
No, energy utilities, water supply, and waste management are categorized under separate industrial branches.
Why are chained volume measures preferred for industrial analysis?
Chained volumes remove the impact of price volatility in industrial inputs and finished goods, revealing the true physical growth of manufacturing output.
What causes revisions in early estimates of mining and manufacturing value added?
Initial estimates rely on monthly sample surveys, which are subsequently adjusted using comprehensive annual corporate balance sheets and tax filings.

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