Most important drops in annual GDP in France 1870-2020

Published by S. Galan, Aug 9, 2024
France's economic dynamics have been calculated since 1832. It was in the first half of the 20th century that France experienced its strongest historical recessions.
The impact of the two World Wars was terrible for the French economy. In 1918 and 1941, the economy fell by more than 20 percent compared to the previous year.
The coronavirus (Covid-19) crisis caused fears of a 6.8 percent drop in the French economy according to Deutsche Bank experts.

Largest annual economic contractions in France from 1870 to 2020

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Release date

April 2020

Region

France

Survey time period

1870 to 2020

Supplementary notes

* Forecast data for year 2020

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