Forecast: Output of Public Administration and Defence, Compulsory Social Security in France

In 2023, the output of Public Administration and Defence, Compulsory Social Security in France stood at 238.2 Billion Euros, with the forecasted value for 2024 reaching 240.39 Billion Euros. The year-on-year variation from 2024 to 2028 shows a consistent growth pattern, with increases ranging around 1% each year. The compound annual growth rate (CAGR) forecast over this five-year period is approximately 0.9%, indicating steady growth in this sector.

Future trends to watch for include increased governmental spending driven by infrastructural investments, reforms in social security, and potential enhancements in national defense capabilities. Economic conditions, policy changes, and external factors like global political climate or economic crises might also significantly influence these projections.

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