The national accounts in 2023 National accounts - 2020 Base

Detailed figures
Insee Résultats
Paru le :Paru le31/05/2024
Insee Résultats- May 2024

The annual national accounts give a complete and consistent description of the Nations' economy once a year. The main topics treated are resources and uses of goods and services, homogeneous branches activity, institutional sectors accounts, public finances, households income and purchasing power, financial and non financial assets and liabilities, input and output tables (SUT and SIOT) and table of integrated economic account (TIEA).

The item "Gross domestic product (GDP) and main economic aggregates" offers a focus on the most prominent indicators of the National accounts.

The national accounts will switch to the 2020 base from May 31, 2024. Documentation relating to this new base can be found in the "Documentation" tab, which will be updated as the new base is introduced. The document "Les comptes de la nation passent en base 2020" explains in detail the new sources and methods used in base 2020, as well as the main revisions.

The national accounts in 2023

GDP and goods and services

GDP and goods and services - Reading: GDP volume will rise by 0.9% in 2023, reaching 2,822.5 billion euros.
Changes in volume
(constant prices of the previous year, %)
2023
2021 2022 2023 EUR billion Prices evolution (%) Evolution in value (%) Contributions to GDP growth
Gross domestic product (GDP) 6.9 2.6 0.9 2 822.5 5.3 6.3 0.9
Imports of goods and services 8.3 8.8 0.3 1 024.0 -2.2 -1.8 0.1
Total final uses 7.2 4.1 0.8 3 846.4 3.2 4.0 1.1
Actual final consumption of households of which: 6.0 3.1 0.7 1 984.7 6.2 6.9 0.5
final consumption expenditure of households 5.2 3.1 0.8 1 481.6 7.1 8.0 0.4
individual consumption expenditure of general government 8.5 2.9 0.4 437.9 3.3 3.7 0.1
Actual final consumption of general government 3.3 1.8 1.2 240.7 2.9 4.2 0.1
Gross fixed capital formation of which: 9.7 0.0 0.4 651.8 3.4 3.8 0.1
non-financial corporations and unincorporated enterprises 10.1 2.9 2.7 353.2 3.4 6.2 0.3
households 15.0 -3.5 -8.5 147.5 4.3 -4.6 -0.5
general government 2.4 0.0 6.9 120.8 2.4 9.5 0.3
Changes in inventories (*) -0.5 0.5 -0.4 1.7 -0.4
Exports of goods and services 11.3 8.2 2.1 967.5 -2.2 -0.2 0.8
  • (*) including the acquisitions less disposals of valuables.
  • (**) contributions to GDP growth.
  • Reading: GDP volume will rise by 0.9% in 2023, reaching 2,822.5 billion euros.
  • Source: National accounts 2020 base, INSEE.