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Economy of France vs Germany compared: GDP & Debt

Updated on by Georank team

France has a GDP of $3.16T compared to $4.66T for Germany, ranking 7/197 and 3/197 by economy size, respectively.

France has $3.58T in government debt (116.3% of GDP), compared to $2.98T (65.4% of GDP) in Germany.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

France
GDP, current $

GDP, constant 2015 $
Germany
GDP, current $

GDP, constant 2015 $
Year GDP
France Germany
Current $ Constant $ Current $ Constant $
1960 $61,756,878,990 $508,897,750,935 $84,619,845,881 $917,491,579,543
1961 $66,806,595,975 $533,344,343,072 $96,558,204,043 $956,929,400,596
1962 $74,888,595,286 $569,994,161,067 $105,895,435,234 $1,001,172,753,513
1963 $83,957,182,115 $605,326,016,607 $112,232,503,744 $1,028,557,795,839
1964 $93,079,224,076 $644,223,451,498 $123,330,404,665 $1,096,848,581,197
1965 $100,522,559,916 $675,197,188,364 $134,774,688,191 $1,154,369,120,213
1966 $108,928,356,519 $710,376,197,079 $143,304,275,684 $1,186,832,072,459
1967 $117,751,396,249 $745,158,757,032 $145,100,667,773 $1,182,912,482,568
1968 $128,427,504,709 $778,321,728,133 $156,527,292,653 $1,249,969,106,699
1969 $140,361,802,782 $833,684,910,477 $177,733,486,326 $1,342,693,099,411
1970 $146,926,998,937 $885,376,114,120 $216,629,229,947 $1,411,212,669,066
1971 $164,238,872,973 $932,571,962,138 $250,900,942,397 $1,455,421,725,513
1972 $201,621,751,625 $974,886,243,665 $300,899,944,795 $1,518,009,827,084
1973 $262,343,828,816 $1,039,326,074,354 $399,833,571,167 $1,590,532,547,530
1974 $283,102,178,123 $1,088,078,748,925 $446,934,971,657 $1,604,689,380,040
1975 $356,780,728,163 $1,075,844,942,666 $492,434,094,920 $1,590,780,912,797
1976 $368,488,292,816 $1,123,030,884,958 $521,658,712,133 $1,669,512,771,062
1977 $406,736,454,934 $1,163,152,896,909 $602,698,323,086 $1,725,395,004,279
1978 $501,724,418,605 $1,208,457,476,980 $743,182,891,918 $1,777,303,390,150
1979 $608,218,624,730 $1,253,113,736,481 $884,574,218,333 $1,851,067,937,956
1980 $694,529,183,483 $1,274,121,102,725 $953,772,499,462 $1,877,146,313,526
1981 $609,184,791,792 $1,289,261,671,632 $803,404,797,058 $1,887,080,933,422
1982 $578,152,310,610 $1,320,752,051,529 $779,421,633,755 $1,879,629,968,245
1983 $553,356,312,936 $1,337,420,703,410 $773,507,930,295 $1,909,185,460,625
1984 $525,033,325,828 $1,358,946,108,005 $727,767,760,979 $1,963,080,770,679
1985 $547,220,981,165 $1,380,268,983,034 $735,218,723,093 $2,008,780,018,732
1986 $764,946,585,851 $1,413,251,000,996 $1,050,092,624,516 $2,054,727,633,074
1987 $926,320,855,615 $1,449,327,712,382 $1,302,932,318,825 $2,083,538,029,651
1988 $1,010,827,662,152 $1,519,101,594,975 $1,406,367,016,372 $2,160,779,694,267
1989 $1,016,742,237,302 $1,586,020,591,646 $1,404,092,925,205 $2,244,975,592,505
1990 $1,257,649,439,827 $1,630,899,060,963 $1,778,162,195,860 $2,362,949,196,758
1991 $1,258,961,748,634 $1,651,067,777,785 $1,875,792,575,133 $2,483,654,820,997
1992 $1,389,663,073,110 $1,676,098,974,379 $2,141,377,582,968 $2,533,680,204,796
1993 $1,314,383,368,080 $1,670,081,815,759 $2,078,954,217,438 $2,509,019,802,318
1994 $1,385,822,778,828 $1,709,890,902,349 $2,215,282,632,277 $2,574,193,723,153
1995 $1,595,219,345,512 $1,749,300,344,480 $2,593,053,091,306 $2,612,945,784,189
1996 $1,598,889,216,566 $1,773,739,467,493 $2,506,576,553,158 $2,640,072,233,043
1997 $1,449,392,222,971 $1,818,562,957,062 $2,218,790,886,533 $2,689,040,748,577
1998 $1,496,906,382,032 $1,881,350,558,838 $2,247,760,364,566 $2,745,407,382,812
1999 $1,486,915,879,702 $1,945,303,460,550 $2,213,873,468,587 $2,803,887,763,789
2000 $1,360,959,069,477 $2,025,858,476,151 $1,966,980,701,145 $2,884,562,511,081
2001 $1,370,376,677,299 $2,064,338,989,613 $1,966,381,496,642 $2,931,769,559,083
2002 $1,492,427,756,382 $2,086,380,974,763 $2,102,350,798,306 $2,925,076,029,438
2003 $1,835,095,983,049 $2,106,573,536,968 $2,534,715,518,349 $2,909,575,202,981
2004 $2,109,792,297,237 $2,166,995,343,502 $2,852,317,768,062 $2,943,395,181,479
2005 $2,192,146,403,028 $2,207,920,477,337 $2,893,393,187,362 $2,969,464,751,856
2006 $2,317,861,544,691 $2,267,844,862,926 $3,046,308,753,671 $3,083,959,477,646
2007 $2,655,816,911,867 $2,325,232,266,329 $3,484,056,680,855 $3,173,089,211,904
2008 $2,926,802,941,586 $2,334,072,135,222 $3,808,786,022,313 $3,201,977,118,077
2009 $2,700,075,882,519 $2,268,145,064,849 $3,479,800,820,863 $3,024,422,218,193
2010 $2,646,230,027,988 $2,313,515,332,183 $3,468,154,343,000 $3,149,837,977,324
2011 $2,870,408,553,990 $2,369,909,039,106 $3,824,828,563,521 $3,268,207,907,176
2012 $2,683,007,095,787 $2,374,265,767,668 $3,597,896,500,945 $3,283,708,733,633
2013 $2,816,077,607,875 $2,392,826,743,357 $3,808,086,291,482 $3,296,391,224,293
2014 $2,861,236,112,552 $2,416,703,156,974 $3,965,800,686,310 $3,367,906,395,565
2015 $2,442,483,452,643 $2,442,483,452,643 $3,423,568,450,957 $3,423,568,450,957
2016 $2,470,407,619,777 $2,463,489,569,347 $3,537,784,107,981 $3,502,129,441,295
2017 $2,588,868,323,335 $2,514,819,204,088 $3,763,092,263,753 $3,597,248,136,567
2018 $2,781,576,320,884 $2,556,210,832,760 $4,052,008,447,224 $3,637,409,365,503
2019 $2,722,793,515,172 $2,608,036,638,906 $3,957,208,055,216 $3,673,343,090,743
2020 $2,647,926,055,110 $2,413,981,867,676 $3,940,142,541,354 $3,522,914,639,712
2021 $2,966,433,692,008 $2,580,120,255,052 $4,348,297,440,388 $3,652,205,602,904
2022 $2,796,302,210,399 $2,646,451,030,890 $4,163,596,357,879 $3,702,230,996,916
2023 $3,051,831,611,385 $2,671,234,714,487 $4,525,703,903,628 $3,692,366,831,840
2024 $3,162,079,073,496 $2,702,385,011,318 $4,659,929,336,891 $3,683,559,545,240

Economic indicators

France Germany
Gross domestic product
$3.16T
2024
$4.66T
2024
GDP rank
7/197
2024
3/197
2024
GDP growth
3.61%
2023-2024
2.97%
2023-2024
GDP per capita
$46,150
2024
$55,800
2024
GDP per capita rank
27/197
2024
18/197
2024
GDP per capita, PPP
$61,322
2024
$72,300
2024
Government debt
$3.58T
2024
$2.98T
2024
Debt-to-GDP ratio
116.3%
2025
65.4%
2025
Government debt per person
$52,199
2024
$35,650
2024
Government debt per person rank
8/185
2024
21/185
2024
Average annual personal income after taxes
$33,898
2025
$39,481
2025
Market capitalization of domestic companies
$2.37T
2018
$2.04T
2024
Number of millionaires
2,868,031
2024
2,820,819
2024
Number of billionaires
52
2025
171
2025
Income share by richest 10%
25%
2023
25%
2020
Income share by poorest 10%
3%
2023
2.9%
2020
Government expenditure, % of GDP
57.3%
2025
49.9%
2025
Consumer prices inflation
2%
2023-2024
2.26%
2023-2024
Unemployment rate
7.39%
2024
3.37%
2024
Population
68701054
83039665

GDP per capita in France vs Germany

France's GDP per capita is $46,150, ranking 27/197, compared to $55,800 in Germany, ranking 18/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 29th at $61,322, while Germany ranks 19th at $72,300.

France
GDP per capita

GDP per capita, PPP
Germany
GDP per capita

GDP per capita, PPP
Year Current $
France Germany
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $1,303 - $1,162 -
1961 $1,395 - $1,316 -
1962 $1,548 - $1,431 -
1963 $1,718 - $1,502 -
1964 $1,884 - $1,637 -
1965 $2,015 - $1,774 -
1966 $2,165 - $1,871 -
1967 $2,321 - $1,886 -
1968 $2,513 - $2,025 -
1969 $2,724 - $2,281 -
1970 $2,825 - $2,771 -
1971 $3,128 - $3,204 -
1972 $3,807 - $3,824 -
1973 $4,914 - $5,065 -
1974 $5,267 - $5,660 -
1975 $6,607 - $6,259 -
1976 $6,795 - $6,659 -
1977 $7,465 - $7,711 -
1978 $9,167 - $9,517 -
1979 $11,063 - $11,322 -
1980 $12,565 - $12,183 -
1981 $10,956 - $10,246 -
1982 $10,360 - $9,950 -
1983 $9,862 - $9,900 -
1984 $9,312 - $9,347 -
1985 $9,657 - $9,464 -
1986 $13,430 - $13,511 -
1987 $16,176 - $16,739 -
1988 $17,550 - $17,997 -
1989 $17,547 - $17,829 -
1990 $21,586 $17,472 $22,386 $19,521
1991 $21,501 $18,178 $23,443 $21,058
1992 $23,615 $18,790 $26,560 $21,806
1993 $22,239 $19,071 $25,617 $21,940
1994 $23,360 $19,874 $27,202 $22,887
1995 $26,792 $20,688 $31,747 $23,615
1996 $26,758 $21,261 $30,600 $24,160
1997 $24,169 $22,185 $27,047 $24,644
1998 $24,869 $23,261 $27,396 $25,444
1999 $24,576 $24,204 $26,965 $26,518
2000 $22,341 $26,002 $23,926 $27,468
2001 $22,332 $27,350 $23,878 $28,677
2002 $24,145 $28,350 $25,487 $29,514
2003 $29,480 $28,028 $30,711 $30,305
2004 $33,645 $28,925 $34,567 $31,757
2005 $34,696 $30,431 $35,084 $32,314
2006 $36,432 $32,430 $36,980 $34,749
2007 $41,486 $34,067 $42,351 $36,915
2008 $45,465 $35,053 $46,386 $38,444
2009 $41,728 $34,667 $42,487 $37,554
2010 $40,695 $35,912 $42,410 $39,730
2011 $43,930 $37,510 $47,647 $43,398
2012 $40,864 $37,671 $44,736 $44,229
2013 $42,669 $39,583 $47,220 $45,889
2014 $43,148 $40,218 $48,971 $47,939
2015 $36,702 $40,916 $41,911 $48,558
2016 $37,024 $42,880 $42,961 $51,570
2017 $38,687 $44,469 $45,527 $54,110
2018 $41,418 $46,381 $48,875 $56,273
2019 $40,408 $51,130 $47,624 $59,271
2020 $39,170 $49,482 $47,380 $58,686
2021 $43,725 $52,517 $52,266 $62,531
2022 $41,083 $56,181 $49,686 $67,590
2023 $44,691 $58,318 $53,940 $68,693
2024 $46,150 $61,322 $55,800 $72,300

Spending and national debt comparison

In 2024, France's government spending was $1.81T, accounting for 57.3% of its GDP, while Germany's spent $2.31T, or 49.9% of GDP.

Debt-to-GDP ratio is 116.3% in France and 65.4% in Germany, ranking 12/185 and 65/185, respectively.

France
Government spending

Government debt
Germany
Government spending

Government debt
Year % of GDP
France Germany
Government spending Government debt Government spending Government debt
1960 22.2% 28.5% 22.9% 18.4%
1961 21.9% 26.3% 28.8% 18.7%
1962 21.7% 23.6% 29.2% 17.6%
1963 22.6% 22.2% 29.1% 18.1%
1964 21% 19.6% 29% 18.2%
1965 21.1% 17.6% 28.4% 18.7%
1966 21.4% 15.3% 28.3% 19.8%
1967 21.4% 16.1% 28.8% 22.5%
1968 22.7% 15.8% 28.5% 22.5%
1969 21.5% 14.4% 29.7% 20.3%
1970 20.5% 21% 39.5% 17.7%
1971 20% 20.1% 40.9% 17.7%
1972 19.8% 17.7% 41.8% 18%
1973 19.7% 15.8% 42.4% 17.3%
1974 19.9% 15.4% 46% 18.5%
1975 22% 16.1% 50.3% 23.7%
1976 21.7% 15.1% 49.4% 25.1%
1977 21.4% 15% 49% 26%
1978 44.7% 21.2% 47.7% 27.4%
1979 44.9% 21.1% 47.4% 28.2%
1980 46% 20.7% 48.2% 30.1%
1981 48.5% 22% 49% 33.6%
1982 49.9% 25.3% 49.1% 36.4%
1983 50.2% 26.6% 47.9% 38%
1984 51.2% 29% 47.2% 38.7%
1985 51.9% 30.6% 46.6% 39.2%
1986 51.3% 31.1% 45.7% 39.1%
1987 50.7% 33.4% 46% 40.1%
1988 50.1% 33.3% 45.6% 40.5%
1989 48.9% 34% 44.3% 39.2%
1990 51.6% 36.8% 44.7% 40.7%
1991 52.7% 37.8% 46.5% 39.5%
1992 54% 41.7% 47.4% 41.9%
1993 56.5% 48.2% 48.3% 45.5%
1994 55.9% 51.6% 48.3% 47.9%
1995 56% 57.8% 55.2% 55.3%
1996 56% 60.6% 49.6% 58.1%
1997 55.6% 62% 48.8% 59.2%
1998 54% 62.1% 48.3% 59.8%
1999 53.7% 61.4% 48.5% 60.3%
2000 52.6% 59.7% 48.1% 59.2%
2001 52.8% 59.3% 47.7% 58.1%
2002 53.9% 61.3% 48.2% 59.8%
2003 54.4% 65.4% 48.5% 63.3%
2004 54% 66.9% 47% 65%
2005 54.3% 68.2% 46.9% 67.1%
2006 53.7% 65.4% 45.3% 66.4%
2007 53.6% 65.5% 43.5% 63.7%
2008 54.3% 69.8% 44.4% 65.2%
2009 58% 84.1% 48.3% 72.3%
2010 57.7% 86.3% 48.1% 81%
2011 57% 88.7% 45.3% 78.5%
2012 57.9% 91.7% 45.1% 79.8%
2013 58.6% 94.5% 45.2% 77.4%
2014 58.4% 96.1% 44.5% 74.5%
2015 57.6% 96.9% 44.5% 71.2%
2016 57.4% 98.1% 44.7% 68.3%
2017 57.7% 98.7% 44.6% 64%
2018 56.4% 98.5% 44.7% 60.8%
2019 55.3% 98.1% 45.6% 58.7%
2020 61.7% 114.8% 51.1% 68%
2021 59.5% 112.7% 50.7% 68.1%
2022 58.4% 111.3% 49% 65%
2023 56.9% 109.7% 48.4% 62.9%
2024 57.2% 113.1% 49.5% 63.9%
2025 57.3% 116.3% 49.9% 65.4%

Government deficit by year

In 2024, France's government deficit, the difference between spending and revenue, was -$183B, equivalent to -5.79% of GDP. This compares to Germany's deficit of -$129B, or -2.76% of GDP.

Over the past 65 years, France recorded a fiscal deficit in 59 of those years, while Germany ran a deficit in 46 years. On average, France posted an annual deficit equal to -2.71% of GDP, compared to deficit of -1.54% of GDP for Germany.

Deficit/surplus
France

Germany
Year Deficit/surplus, % of GDP
France Germany
1880 0.65% -0.13%
1881 0.64% 0.12%
1882 -0.15% 0.41%
1883 -0.23% 0.55%
1884 -0.35% 0.23%
1885 -0.59% 0.21%
1886 -0.5% 0.23%
1887 -0.07% 0.88%
1888 0.18% 0.62%
1889 0.09% 1.16%
1890 0.31% 0.12%
1891 0.36% 1.18%
1892 -0.03% -0.24%
1893 -0.3% 0.42%
1894 -0.08% 0.44%
1895 -0.07% 0.47%
1896 -0.03% 0.63%
1897 0.01% 0.39%
1898 0.29% 0.47%
1899 0.21% 0.6%
1900 0.21% 0.27%
1901 -0.39% 0.91%
1902 -0.37% 0.08%
1903 0.21% 0.88%
1904 0.3% 0.41%
1905 0.18% 1.21%
1906 -0.04% 0.76%
1907 0.23% -0.14%
1908 -0.15% -0.11%
1909 -0.11% 0.11%
1910 -0.12% -0.21%
1911 0.31% 0.06%
1912 0.23% -0.26%
1913 0.05% 0.007%
1914 0.05% 0.007%
1915 0.05% 0.007%
1916 0.05% 0.007%
1917 0.05% 0.007%
1918 0.05% 0.007%
1919 -2.65% 0.007%
1920 6.6% 0.007%
1921 4.63% 0.007%
1922 2.42% 0.007%
1923 1.85% 0.007%
1924 2.11% 0.007%
1925 -0.87% 0.34%
1926 -0.02% -1.3%
1927 -0.04% -0.44%
1928 1.13% -1.47%
1929 1.48% -0.9%
1930 -1.65% -1.52%
1931 -2.06% -1.03%
1932 -1.86% -1.11%
1933 -4.96% -0.43%
1934 -4.31% -0.64%
1935 -4.22% -0.64%
1936 -4.76% -0.64%
1937 -6.89% -0.64%
1938 -6.89% -0.64%
1939 -6.89% -0.64%
1940 -6.89% -0.64%
1941 -6.89% -0.64%
1942 -6.89% -0.64%
1943 -6.89% -0.64%
1944 -6.89% -0.64%
1945 -6.89% -0.64%
1946 -8.1% -0.64%
1947 -7.6% -0.64%
1948 -9.11% -0.64%
1949 -7.31% -0.64%
1950 -5.56% 1.81%
1951 -4.42% 1.15%
1952 -6.82% 0%
1953 -4.79% -0.13%
1954 -0.78% -0.37%
1955 -1.04% -1.41%
1956 -2.62% 0.59%
1957 -1.99% 1.99%
1958 0.08% 1.77%
1959 0.56% 0.77%
1960 -1.95% -0.34%
1961 -1.36% -0.12%
1962 -1.53% 0.49%
1963 -2.24% 1.43%
1964 -0.25% 1.49%
1965 -0.07% 2.26%
1966 -0.57% 1.76%
1967 -0.8% 2.73%
1968 -2.54% 1.39%
1969 -0.49% -0.43%
1970 0.02% 0.53%
1971 -0.13% 0.16%
1972 1.94% -0.37%
1973 1.97% 1.14%
1974 3.05% -1.69%
1975 -0.28% -5.78%
1976 1.01% -3.5%
1977 0.9% -2.56%
1978 -1.73% -2.62%
1979 -0.36% -2.71%
1980 -0.27% -3.02%
1981 -2.39% -4.03%
1982 -2.91% -3.56%
1983 -2.58% -2.95%
1984 -2.8% -2.04%
1985 -3.08% -1.18%
1986 -3.3% -1.18%
1987 -2.13% -1.85%
1988 -2.7% -2.02%
1989 -1.9% 0.08%
1990 -2.45% -1.94%
1991 -2.89% -3.21%
1992 -4.64% -2.63%
1993 -6.4% -3.11%
1994 -5.46% -2.54%
1995 -5.11% -9.44%
1996 -3.89% -3.64%
1997 -3.71% -3.03%
1998 -2.39% -2.65%
1999 -1.55% -1.87%
2000 -1.32% -1.71%
2001 -1.42% -3.12%
2002 -3.18% -4.09%
2003 -4.09% -3.83%
2004 -3.55% -3.42%
2005 -3.5% -3.37%
2006 -2.66% -1.76%
2007 -2.99% 0.15%
2008 -3.5% -0.26%
2009 -7.38% -3.17%
2010 -7.16% -4.42%
2011 -5.3% -0.84%
2012 -5.17% -0.05%
2013 -4.94% 0.12%
2014 -4.57% 0.73%
2015 -3.89% 0.92%
2016 -3.76% 1.13%
2017 -3.36% 1.34%
2018 -2.32% 1.88%
2019 -2.39% 1.33%
2020 -8.93% -4.38%
2021 -6.58% -3.17%
2022 -4.74% -2.15%
2023 -5.45% -2.48%
2024 -5.79% -2.76%
2025 -5.46% -2.95%

Inflation comparison by year

Over the past 29 years, France has recorded an average annual inflation rate of 1.62%, compared with 1.81% in Germany. In 2024, inflation was 2% in France and 2.26% in Germany.

Inflation
France

Germany
Year Inflation
France Germany France Germany
1996 1.98% 1.45%
1997 1.2% 1.94%
1998 0.65% 0.91%
1999 0.54% 0.59%
2000 1.68% 1.44%
2001 1.63% 1.98%
2002 1.92% 1.42%
2003 2.1% 1.03%
2004 2.14% 1.67%
2005 1.75% 1.55%
2006 1.68% 1.58%
2007 1.49% 2.3%
2008 2.81% 2.63%
2009 0.09% 0.31%
2010 1.53% 1.1%
2011 2.11% 2.08%
2012 1.95% 2.01%
2013 0.86% 1.5%
2014 0.51% 0.91%
2015 0.04% 0.51%
2016 0.18% 0.49%
2017 1.03% 1.51%
2018 1.85% 1.73%
2019 1.11% 1.45%
2020 0.48% 0.14%
2021 1.64% 3.07%
2022 5.22% 6.87%
2023 4.88% 5.95%
2024 2% 2.26%

Top exports between countries

France
Export category Export value
Machinery & equipment $36.7B
Chemicals & pharma $15.6B
Business & finance services $14.7B
Transport & tourism services $13.2B
Metals $7.59B
Textiles & consumer goods $5.47B
Raw materials & minerals $5.44B
Processed food, beverages & tobacco $4.79B
IT & IP services $4.31B
Manufacturing & construction services $2.87B
Germany
Export category Export value
Machinery & equipment $61.5B
Chemicals & pharma $20.3B
Textiles & consumer goods $10.1B
Metals $9.87B
Processed food, beverages & tobacco $5.83B
Raw materials & minerals $5.43B
Business & finance services $5.08B
Transport & tourism services $4.95B
Wood & paper products $4.07B
Precious metals & jewellery $2.85B

Balance of trade

France Germany
Current account balance
$2.69B
2024
$264B
2024
Current account balance ranking
39/189
2024
2/189
2024
Current account balance, % of GDP
+0.09%
2024
+5.67%
2024
Goods imports
$733B
2024
$1.21T
2024
Goods exports
$668B
2024
$1.47T
2024
Service imports
$341B
2024
$551B
2024
Service exports
$403B
2024
$470B
2024
Imports of goods and services, % of GDP
34%
2024
38.2%
2024
Exports of goods and services, % of GDP
33.2%
2024
42.1%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

France Germany
Economic freedom 64.4 71.6
Economic freedom ranking 69/197 28/197
Property rights 92.9 95.4
Government integrity 74.3 86
Judicial effectiveness 84.2 93.5
Tax burden 54.3 60.5
Government spending 0 26.9
Fiscal health 30 81.1
Business freedom 81.9 83.7
Labor freedom 60.2 53.3
Monetary freedom 70.3 69
Trade freedom 79.6 79.6
Investment freedom 75 60
Financial freedom 70 70

Economic freedom by year comparison

The Economic Freedom Index for France is 64.4, ranking 69/197, compared to 71.6 for Germany, ranking 28/197. The chart below displays a comparison of annual changes in economic freedom indexes.

France
Germany
Year Economic freedom index
France Germany
1995 64.4 69.8
1996 63.7 69.1
1997 59.1 67.5
1998 58.9 64.3
1999 59.1 65.6
2000 57.4 65.7
2001 58 69.5
2002 58 70.4
2003 59.2 69.7
2004 60.9 69.5
2005 60.5 68.1
2006 61.1 70.8
2007 62.1 70.8
2008 64.7 70.6
2009 63.3 70.5
2010 64.2 71.1
2011 64.6 71.8
2012 63.2 71
2013 64.1 72.8
2014 63.5 73.4
2015 62.5 73.8
2016 62.3 74.4
2017 63.3 73.8
2018 63.9 74.2
2019 63.8 73.5
2020 66 73.5
2021 65.7 72.5
2022 65.9 76.1
2023 63.6 73.7
2024 62.5 72.1
2025 64.4 71.6

More economic indicators

France Germany
Services, % of GDP
70.4%
2024
63.9%
2024
Industry, % of GDP
17.5%
2024
25.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.43%
2024
0.83%
2024
GNI, Atlas method
$3.1T
2024
$4.59T
2024
GNI per capita, PPP
$62,620
2024
$74,880
2024
Total reserves including gold
$283B
2024
$378B
2024
Total reserves ranking
13/177
2024
10/177
2024
Net foreign direct investment
-$10.3B
2024
$32.6B
2024
Net inflows of foreign direct investment
$52.1B
2024
$47.6B
2024
Net outflows of foreign direct investment
$41.7B
2024
$80.2B
2024
Poverty at national poverty lines
15.6%
2021
14.8%
2021
Gross capital formation, % of GDP
21.9%
2024
21%
2024

GDP per capita map

GDP per capita

Compare countries by 7 more topics

Economy comparisons

Economy vs France vs Germany
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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.