FX.co ★ France expects stable economic growth through 2028

The Bank of France has released updated forecasts indicating stable economic growth for France in the coming years. The central bank has revised its 2025 growth forecast upward to 0.9% from the previous 0.7%, reflecting an improvement in the short-term outlook for the national economy.

For 2026, the Bank of France forecasts a growth rate of 1.0%, which is an improvement from the previous estimate of 0.9%. The growth forecast for 2027 is also set at 1.0%, although this indicates a downtick from the prior figure of 1.1%. Besides, the central bank has provided its first forecast for 2028, predicting a growth rate of 1.1%, which points to a gradual acceleration in growth rates over the long term.

This modest yet stable growth trajectory is attributed to two key factors: the recovery of consumer spending and a revival in business investments. However, the realization of these positive scenarios largely depends on reducing political uncertainty, which is currently exerting some pressure on business activity. As the second-largest economy in the eurozone, France reveals potential for gradual acceleration from its current modest growth rates to a more robust expansion by 2028.