France non-financial company investment at current prices
France non-financial company investment at current prices stood at 93,029 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 Quarterly GDP and value added 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 Quarterly GDP and value added table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Levels | |||||||||||
| Investment by non-financial companies - Total - Values at current prices - SA-WDA series | 93,029 | 92,166 | 92,147 | 92,095 | 91,032 | 90,751 | 89,933 | 89,458 | 90,380 | 89,631 | |
| Change in inventories - Contribution to GDP growth - Volumes chained at previous year prices - SA-WDA series | -0.73 | 0.93 | -0.51 | -0.53 | 0.37 | 0.58 | -0.28 | 0.62 | -0.18 | -0.22 |
Understanding france non-financial company investment at current prices
Corporate capital formation expenditures made by corporate business enterprises operating outside the financial sector are tracked in this nominal monetary series. The figures capture outlays on tangible and intangible fixed assets, including machinery, buildings, software, and intellectual property products, measured at actual transaction prices prevailing during the period. Unlike broader investment measures that pool all institutional sectors together, this metric isolates the non-financial corporate sphere, excluding households, government entities, and financial intermediaries. It differs from volume-based indicators by retaining price fluctuations, reflecting shifts in both the physical volume of capital goods acquired and the prevailing cost of those assets.
Interpreting these nominal figures requires careful separation of underlying capital accumulation from pure price inflation affecting capital goods. Analysts must account for seasonal quirks and working-day anomalies that routinely distort corporate spending patterns across quarters, even after formal adjustment procedures are applied. Early estimates are subject to routine revisions as corporate balance sheet surveys replace initial missing returns and provisional tax data. Comparing these nominal totals with volume series demands caution, as divergences highlight inflationary pressures within the corporate capital goods sector rather than genuine changes in productive capacity.
Frequently asked questions
- What assets are included in non-financial company investment?
- The figures cover acquisitions of tangible fixed assets like machinery and buildings, alongside intangible assets such as software and R&D.
- Why use current prices instead of chain-linked volumes for this series?
- Current prices reflect the actual monetary outlays incurred by firms, capturing both physical volume changes and price shifts in capital goods.
- How frequently are these investment figures revised?
- Provisional estimates undergo regular revisions as more comprehensive corporate financial statements and tax declarations become available.