HOFINET | Housing Finance Information Network

Macro-economic Data

PDF featuring variable definitions

A. Demography and Macroeconomy

A.1 Population

Variable	End of 2018	End of 2017	End of 2016	Sources	Var ID
Total population	66.97 million	67.86 million	66.72 million	WDI	A.1.1
Total number of households	29.97 million	29.73 million	29.48 million	INSEE	A.1.2
Average household size	Not available	2.20	Not available	INSEE	A.1.3
Urban population (% of total)	80.44% of total	79.98% of total	79.75% of total	WDI	A.1.4
Urban population growth (annual %)	.51%	.67%	.69%	WDI	A.1.5

A.2 Economy

Variable	End of 2018	End of 2017	End of 2016	Sources	Var ID
GDP, current prices (U.S. dollars)	2,780,152 USD (millions)	2,583,560 USD (millions)	2,466,472 USD (millions)	WEO	A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)	2,970,430 USD (millions)	2,835,746 USD (millions)	2,735,135 USD (millions)	WEO	A.2.2
GDP per capita, current prices (U.S. dollars)	42,953.27 USD	39,869.08 USD	38,205.24 USD	WEO	A.2.3
GDP based on PPP per capita GDP (Current international dollar)	45,893.05 USD	43,760.77 USD	42,366.79 USD	WEO	A.2.4
GDP, constant prices (Percent change)	1.73%	1.85%	1.19%	WEO	A.2.5
Inflation, end of period consumer prices (Percent change)	1.97%	1.21%	.68%	WEO	A.2.6
GDP, deflator (Index)	102.94	105.87	105.03	WEO	A.2.7
Consumer price index	108.84	106.86	105.77	WDI	A.2.8
GINI Index	Not available	Not available	Not available		A.2.9
Median national annual household income	Not available	Not available	Not available		A.2.10
Median urban annual household income	Not available	Not available	Not available		A.2.11
Urban minimum wages per month in USD	1,763 USD	1,668 USD	1,630 USD	INSEE	A.2.12
Growth in urban household income (%/year)					A.2.13
Nominal	Not available	Not available	Not available		A.2.13.1
Real	2.2%	1.4%	1.1%	INSEE	A.2.13.2
Employment (% of total laborforce)					A.2.14
Self-employed	.29%	.3%	.3%	Eurostat	A.2.14.1
Unemployed	8.8%	8.6%	9.7%	INSEE	A.2.14.3
Interest Rates:					A.2.15
Central bank lending/discount rate	Not available	Not available	Not available		A.2.15.1
Yield on 3 months treasury bills	Not available	Not available	Not available	IFS	A.2.15.2
Yield on 10-year Government bond	.71%	.92%	.47%	IFS	A.2.15.3
Average bank deposit rate	Not available	.79%	.76%	IFS	A.2.15.4
Lending rate	Not available	Not available	5.51%	IFS	A.2.15.5

B. Housing Market

B.1 Housing Stock: Production, Transactions

Variable	End of 2018	End of 2017	End of 2016	Sources	Var ID
Number of dwelling units:					B.1.1
Total	36.61 million	35.22 million	34.86 million	INSEE	B.1.1.1
Total Urban	Not available	29.09 million	28.76 million	Country Editor	B.1.1.2
Percentage of vacant units	8.34% of total	8.3% of total	8.1% of total	INSEE	B.1.2
Characteristics of housing stock:					B.1.3
Average dwelling unit size-existing	Not available	Not available	Not available		B.1.3.1
% of substandard dwelling units	Not available	Not available	Not available		B.1.3.2
Tenure in urban areas (%):					B.1.4
Owner-occupied units	57.7% of total	57.7% of total	57.7% of total	INSEE-CGDD (Compte du logement)	B.1.4.1
% of owner units with a mortgage	20% of total	19.9% of total	19.9% of total	INSEE-CGDD (Compte du logement)	B.1.4.2
Private rental units	22.8% of total	22.7% of total	22.6% of total	INSEE-CGDD (Compte du logement)	B.1.4.3
Public / social rental units	17.1% of total	17.1% of total	17.2% of total	INSEE-CGDD (Compte du logement)	B.1.4.4
Other forms of tenure	2.4% of total	2.5% of total	2.5% of total	INSEE	B.1.4.5
% of urban units with state recognized lienable title	100% of total	100% of total	100% of total	Editor	B.1.4.6
Estimated Number of units completed/year					B.1.5
Formal sector/registered	418,000 units	430,000 units	369,000 units	INSEE	B.1.5.1
Number of recorded urban housing transactions/year	965000	968000	848000	CGEDD	B.1.6
How complete is this measure for formal sector transactions?			Complete	Editor	B.1.7

B.2 Housing Prices and Cost for Urban Areas or Capital City

Variable	End of 2018	End of 2017	End of 2016	Sources	Var ID
Median urban house price in USD:					B.2.1
New housing	Not available	Not available	Not available	CGDD (ECLN)	B.2.1.1
Existing housing	Not available	Not available	Not available		B.2.1.2
Median house price to median annual HH income:					B.2.2
Urban	Not available	Not available	Not available		B.2.2.1
Annual average % change in median house prices:					B.2.3
Yearly Rate	2.9%	2.9%	2.7%	INSEE	B.2.3.1
1997-2007 average rate	Not available	Not available	Not available		B.2.3.2
M2 construction cost for median quality house					B.2.4
National	1,692 USD/sq.mt	1,564 USD/sq.mt	1,502 USD/sq.mt	CGDD (EPTB)	B.2.4.1