The sub-central government procurement in France, excluding social security funds, is projected to increase gradually from 2024 to 2028, starting at 150.96 billion USD PPP in 2024 and reaching 157.76 billion USD PPP by 2028. This steady rise reflects an annual year-on-year growth rate of approximately 1-1.2%. The compound annual growth rate (CAGR) over this five-year period is expected to be modest, underscoring moderate yet consistent growth in governmental procurement activities.
Future trends to watch for include potential impacts of economic policy changes, inflation adjustments, and technological advancements leading to efficiency in procurement processes. Additionally, global market dynamics and EU regulations might significantly influence procurement strategies and expenditures.
