Forecast
Forward projections from the prediction engine — baseline plus an optimistic/pessimistic band and a confidence interval, per macro indicator. These are PROJECTIONS, not observations: generated from observed history, never a guarantee. A country we hold no projections for is shown honestly.
Forecast
Need it as JSON? GET /api/v1/forecast/country/{iso3}.
France: forward projections across 17 macro indicators, horizons 2026, 2027, 2028, 2029, 2030, 2031, 2035, 2036. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.
Nowcast
Each indicator nowcast from its strongest leading series — inferable from observations already in hand.
For each indicator, France's strongest leading series is fit by ordinary least squares over their shared observed history, then the leader's already-observed recent values project the target — so the next year or two is inferable from data already in hand. These are nowcasts from a leading correlation: correlation, not causation, and not a guaranteed forecast.
Led by GDP (current US$) by 3 years (it moves withthe target; r = 0.963 over 46 obs).
| Year | Nowcast | Implied by GDP (current US$) in |
|---|---|---|
| 2026 | 111.15 | 2023 (3.1T) |
Latest observed-0.7(2026)· IMF DataMapper API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | -0.41 | 2.76 | -3.57 | -1.07 – 0.26 |
| 2028 | -0.42 | 5.06 | -5.9 | -1.58 – 0.75 |
| 2030 | -0.43 | 6.64 | -7.5 | -1.95 – 1.09 |
| 2035 | -0.46 | 9.54 | -10.46 | -2.66 – 1.74 |
Blended 1-yr-ahead-0.72· skill-weighted across models
Track record±0.29typical miss · 1 realized · 42% MAPE
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed33.39(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 33.77 | 39.9 | 28.45 | 32.35 – 35.18 |
| 2028 | 34.51 | 45.14 | 25.3 | 31.34 – 37.69 |
| 2030 | 35.26 | 48.99 | 23.36 | 30.48 – 40.04 |
| 2035 | 37.12 | 56.54 | 20.3 | 28.41 – 45.84 |
Blended 1-yr-ahead33.48· skill-weighted across models
Track record±0.89typical miss · 1 realized · 3% MAPE
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed3.4T(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 3.5T | 3.9T | 3.2T | 3.4T – 3.6T |
| 2028 | 3.8T | 4.4T | 3.2T | 3.5T – 4.1T |
| 2030 | 4.1T | 4.9T | 3.4T | 3.6T – 4.5T |
| 2035 | 4.8T | 5.9T | 3.8T | 3.8T – 5.8T |
Blended 1-yr-ahead3.7T· skill-weighted across models
Track record±69.5bntypical miss · 1 realized · 2% MAPE
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed0.84(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 0.91 | 12 | -10 | -1.38 – 3.2 |
| 2028 | 1.04 | 12 | -10 | -2.94 – 5.03 |
| 2030 | 1.17 | 12 | -10 | -4 – 6.34 |
| 2035 | 1.49 | 12 | -10 | -5.93 – 8.92 |
Blended 1-yr-ahead-0.28· skill-weighted across models
Track record±0.51typical miss · 1 realized · 128% MAPE
Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%
Latest observed49k(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 50.6k | 56k | 45.9k | 49k – 52.1k |
| 2028 | 54.5k | 63.9k | 46.3k | 50.4k – 58.5k |
| 2030 | 58.4k | 70.5k | 47.9k | 51.7k – 65k |
| 2035 | 68.1k | 85.3k | 53.3k | 54k – 82.2k |
Blended 1-yr-ahead53.1k· skill-weighted across models
Track record±878.57typical miss · 1 realized · 2% MAPE
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed4.44(2026)· ECB Data Portal API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2027 | 3.63 | 5.42 | 1.72 | 3.13 – 4.13 |
| 2029 | 2.67 | 5.76 | 0 | 1.78 – 3.56 |
| 2031 | 2.19 | 6.19 | 0 | 1.03 – 3.35 |
| 2036 | 1.82 | 7.46 | 0 | 0.13 – 3.5 |
Blended 1-yr-ahead4.6· skill-weighted across models
Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%
Latest observed118.5(2026)· IMF DataMapper API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 117.6 | 127.64 | 106.01 | 113.95 – 121.24 |
| 2028 | 121.79 | 139.18 | 101.72 | 112.78 – 130.8 |
| 2030 | 125.98 | 148.43 | 100.07 | 111.67 – 140.28 |
| 2035 | 136.45 | 168.2 | 99.82 | 108.15 – 164.76 |
Blended 1-yr-ahead120.11· skill-weighted across models
Track record±0.9typical miss · 1 realized · 1% MAPE
Method: linear_trend; lookback 10y; horizon 1y; confidence 80%
Latest observed33.8(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 34.12 | 40.61 | 27.64 | 32.59 – 35.66 |
| 2028 | 34.78 | 46.01 | 23.54 | 31.39 – 38.16 |
| 2030 | 35.43 | 49.92 | 20.93 | 30.37 – 40.48 |
| 2035 | 37.05 | 57.56 | 16.55 | 27.98 – 46.12 |
Blended 1-yr-ahead34.15· skill-weighted across models
Track record±0.88typical miss · 1 realized · 3% MAPE
Method: linear_trend; lookback 8y; horizon 1y; confidence 80%
Latest observed0.94(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 0.76 | 5.18 | -3.97 | -0.24 – 1.75 |
| 2028 | -0.72 | 6.94 | -5 | -2.46 – 1.03 |
| 2030 | -2.19 | 7.69 | -5 | -4.56 – 0.17 |
| 2035 | -5 | 8.97 | -5 | -5 – -1.1 |
Blended 1-yr-ahead2.43· skill-weighted across models
Track record±1.64typical miss · 1 realized · 68% MAPE
Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%
Latest observed3.4(2026)· ECB Data Portal API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2027 | 3.03 | 7.6 | -1.86 | 1.97 – 4.09 |
| 2029 | 2.68 | 10.59 | -5 | 0.8 – 4.56 |
| 2031 | 2.55 | 12.77 | -5 | 0.08 – 5.02 |
| 2036 | 2.49 | 16.94 | -5 | -1.12 – 6.09 |
Blended 1-yr-ahead4.27· skill-weighted across models
Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%
Latest observed22.02(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 21.78 | 23 | 20.72 | 21.1 – 22.45 |
| 2028 | 21.22 | 23.33 | 19.39 | 19.65 – 22.79 |
| 2030 | 20.66 | 23.39 | 18.3 | 18.31 – 23.01 |
| 2035 | 19.26 | 23.12 | 15.92 | 15.27 – 23.26 |
Blended 1-yr-ahead22.2· skill-weighted across models
Track record±0.09typical miss · 1 realized · 0% MAPE
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed68.7m(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 68.7m | 71.9m | 65.6m | 66.5m – 70.8m |
| 2028 | 68.8m | 72.1m | 65.8m | 63.8m – 73.9m |
| 2030 | 69m | 72.3m | 66m | 61.2m – 76.9m |
| 2035 | 69.5m | 72.8m | 66.4m | 55.1m – 83.9m |
Blended 1-yr-ahead69.3m· skill-weighted across models
Track record±419.9ktypical miss · 1 realized · 1% MAPE
Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%
Latest observed0.99(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 1.19 | 14.17 | -8.55 | -0.45 – 2.83 |
| 2028 | 1.7 | 15 | -10 | -1.2 – 4.59 |
| 2030 | 2.2 | 15 | -10 | -1.6 – 6.01 |
| 2035 | 3.47 | 15 | -10 | -2.22 – 9.16 |
Blended 1-yr-ahead1.23· skill-weighted across models
Track record±0.18typical miss · 1 realized · 18% MAPE
Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%
Latest observed86bn(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 84bn | 109.3bn | 58.8bn | 78.8bn – 89.2bn |
| 2028 | 80.5bn | 124.3bn | 36.8bn | 70bn – 91.1bn |
| 2030 | 77.1bn | 133.5bn | 20.6bn | 62.3bn – 91.9bn |
| 2035 | 68.4bn | 148.2bn | 0 | 45.2bn – 91.5bn |
Blended 1-yr-ahead88.7bn· skill-weighted across models
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed3.42(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 3.1 | 4.01 | 2.18 | 2.91 – 3.29 |
| 2028 | 2.72 | 4.3 | 1.13 | 2.34 – 3.09 |
| 2030 | 2.53 | 4.58 | 0.49 | 2.02 – 3.05 |
| 2035 | 2.38 | 5.27 | 0 | 1.56 – 3.21 |
Blended 1-yr-ahead3.6· skill-weighted across models
Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%
Latest observed428.2bn(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 464.8bn | 556.3bn | 373.3bn | 443.4bn – 486.3bn |
| 2028 | 559.1bn | 717.7bn | 400.6bn | 508bn – 610.2bn |
| 2030 | 653.4bn | 858.1bn | 448.7bn | 569.8bn – 737bn |
| 2035 | 889.2bn | 1.2T | 599.7bn | 702.6bn – 1.1T |
Blended 1-yr-ahead450.3bn· skill-weighted across models
Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%
Latest observed7.54(2025)· World Bank Indicators API
| Year | Baseline | Optimistic | Pessimistic | Conf. band |
|---|---|---|---|---|
| 2026 | 7.44 | 7.93 | 6.94 | 7.21 – 7.67 |
| 2028 | 7.22 | 8.09 | 6.36 | 6.69 – 7.76 |
| 2030 | 7.01 | 8.13 | 5.9 | 6.22 – 7.81 |
| 2035 | 6.48 | 8.06 | 4.9 | 5.14 – 7.82 |
Blended 1-yr-ahead8.53· skill-weighted across models
Track record±0.96typical miss · 1 realized · 11% MAPE
Method: linear_trend; lookback 6y; horizon 1y; confidence 80%
Reliability badges show each indicator's best model skill— how much it beats a naive last-value forecast, measured out-of-sample on that series' own observed history (backtested one-step-ahead). A track record, not a guarantee of future accuracy.
Generated by the prediction engine (model prediction-engine-v1) on 2026-10-31 from observed history. Projections, not observations — never a guarantee of future values.
Machine-readable: GET /api/v1/forecast/country/FRA · Country page → · Full brief → · API docs
| 2027 | 114.55 | 2024 (3.2T) |
| 2028 | 121.28 | 2025 (3.4T) |
Fit: Govt debt / GDP ≈ 11.2733 + 0·GDP (current US$). Correlation, not causation.
Led by Govt debt / GDP by 1 year (it moves withthe target; r = 0.93 over 45 obs).
| Year | Nowcast | Implied by Govt debt / GDP in |
|---|---|---|
| 2026 | 3.3T | 2025 (115.5) |
Fit: GDP (current US$) ≈ 66049099880.5415 + 27949328321.3901·Govt debt / GDP. Correlation, not causation.
Led by Unemployment by 2 years (it moves withthe target; r = 0.692 over 44 obs).
| Year | Nowcast | Implied by Unemployment in |
|---|---|---|
| 2026 | -1.03 | 2024 (7.4) |
| 2027 | -0.95 | 2025 (7.54) |
Fit: Current account / GDP ≈ -5.1973 + 0.5628·Unemployment. Correlation, not causation.
Led by GDP (current US$) by 3 years (it moves inversely tothe target; r = -0.61 over 63 obs).
| Year | Nowcast | Implied by GDP (current US$) in |
|---|---|---|
| 2026 | 0.1 | 2023 (3.1T) |
| 2027 | -0.13 | 2024 (3.2T) |
| 2028 | -0.59 | 2025 (3.4T) |
Fit: CPI inflation ≈ 6.8797 + 0·GDP (current US$). Correlation, not causation.
Led by GDP (current US$) by 1 year (it moves inversely tothe target; r = -0.574 over 65 obs).
| Year | Nowcast | Implied by GDP (current US$) in |
|---|---|---|
| 2026 | -0 | 2025 (3.4T) |
Fit: Real GDP growth ≈ 4.4361 + 0·GDP (current US$). Correlation, not causation.
Machine-readable: GET /api/v1/nowcast/country/FRA?indicator= · API docs
