In France, household expenditure on housing, water, electricity, gas, and other fuels was recorded at about 13.7% of GDP in 2023. The forecast suggests a moderate increase, stabilizing at 13.8% in 2024 and 2025, with a slight bump to 13.9% from 2026 to 2028. This reflects a steady year-on-year increase of approximately 0.7% from 2026 onwards. The 5-year compound annual growth rate (CAGR) shows a stable progression of approximately 0.36% annually, indicating consistent, albeit slow, growth in household expenditure relative to GDP over the period.
Future Trends to Watch:
- Sustainability initiatives may influence energy costs, impacting household expenditure.
- Structural policy changes, including housing reforms, could affect future expenditure levels.
- Inflationary pressures and economic fluctuations may alter energy and utility pricing dynamics.