Between 2013 and 2023, government expenditure on fire-protection services in France increased steadily from €5.86 billion to €7.32 billion. The year-on-year variations ranged from minimal increments of 0.08% in 2013 to a high of 5.56% in 2021, indicating fluctuating yet overall positive growth. In 2023, the expenditure stood at €7.32 billion, showing a 2.24% increase from the previous year. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged at 3.23%, reflecting a robust investment trend in fire-protection services.
Future trends to watch for:
- Projected government expenditure is expected to reach €8.1 billion by 2028, showing a forecasted CAGR of 1.6% over the next five years.
- With an anticipated overall growth rate of 8.25%, continued focus on enhancing fire-protection infrastructure and technology advancements can be expected.
- Economic conditions, policy changes, and evolving safety regulations will significantly influence future expenditure trends.