France: Inflation, GDP deflator (annual % growth)

Key figures

What the numbers say

In 2025, France's inflation, GDP deflator (annual % growth) fell 0.91 percentage points on 2024 (from 2.09% to 1.18%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +0.04 percentage points and a typical year strayed about 1.04 percentage points from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 3.71 percentage points in 1974 and the biggest yearly fall was 3.08 percentage points in 1976. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 27% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, France had the 151st highest value of the 186 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to France in the 2025 ranking

• Norway — 147th of 186: 1.41%
• El Salvador — 148th of 186: 1.29%
• Sweden — 149th of 186: 1.23%
• Cyprus — 151st of 186: 1.11%
• Belize — 152nd of 186: 1.06%
• Hong Kong SAR, China — 153rd of 186: 1.02%

What this measures

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Regional and income-group figures are computed by the World Bank as a median.

All 65 values

Inflation, GDP deflator (annual % growth) in nearby economies

• Albania — 1.45% (2025)
• Andorra — 2.63% (2025)
• Armenia — 3.57% (2025)
• Austria — 3.15% (2025)
• Azerbaijan — 0.57% (2025)
• Belarus — 10.92% (2025)
• Belgium — 2.56% (2025)
• Bosnia and Herzegovina — 3.01% (2025)
• Bulgaria — 7.41% (2025)
• Channel Islands — 5.75% (2023)

More financial sector data for France

• Consumer price index (2010 = 100) — 127.7 (2025)
• Inflation, consumer prices (annual % growth) — 0.94% (2025)
• GDP deflator (base year varies by country) — 113.08 (2025)
• DEC alternative conversion factor (LCU per US$) — US$0.88 (2025)
• Official exchange rate (LCU per US$, period average) — US$0.88 (2025)
• Deposit interest rate (%) — 0.79% (2017)
• Real effective exchange rate index (2010 = 100) — 91.93 (2025)
• Market capitalization of listed domestic companies (current US$) — US$2.37 trillion (2018)
• Market capitalization of listed domestic companies (% of GDP) — 85.06% (2018)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is France's inflation, GDP deflator (annual % growth)?

1.18% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1961?

It is down 2.11 percentage points from 3.28% in 1961. The highest value was 13.75% in 1975 and the lowest 0.11% in 2009.

How does France rank?

151st highest of 186 economies with data for 2025.

Is the latest change in inflation, GDP deflator (annual % growth) unusual for France?

In 2025, France's inflation, GDP deflator (annual % growth) fell 0.91 percentage points on 2024 (from 2.09% to 1.18%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.04 percentage points and a typical year strayed about 1.04 percentage points from that (the standard deviation). This year's change was 0.9 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.GDP.DEFL.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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