BEST BANKS 2014: EUROPE

BEST BANKS 2014: EUROPE

The region battled continuing recession or, at best, slow growth, a tightening regulatory environment and country-specific banking taxes or fines for past misdemeanors.

 
 
Source
Central bank

Bank of France
France is part of the Eurosystem and the European Central Bank

International Reserves

US$ 174.386 billion (Source: IMF; Data updated: 2014)

Gross Domestic Product - GDP

US$ 2.886 trillion (2014 estimate)

GDP (Purchasing Power Parity)

2.337 trillion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
1.1% 2.3% 1.8% 2.5% 2.3% -0.1% -3.1% 1.7%
2011 2012 2013 2014*        
2.0% 0.0% 0.3% 1.0%        

*Estimate

GDP per capita - current prices

US$ 45,123 (2014 estimate)

GDP per capita - PPP

$36,537 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
4.72% 4.33% 3.58% 2.82% 2.57%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 1.9% 
  • industry: 18.7% 
  • services: 79.4% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

2.2% (2011)

Inflation
2011 2012 2013 2014*
2.3% 2.2% 1.0% 1.0%

*Estimate

Unemployment rate
2011 2012 2013 2014*
9.6% 10.2% 10.8% 11.0%

*Estimate

Household saving rates

15.7% (Gross saving; 2014 forecast)

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
82.4% 85.8% 90.2% 93.9% 95.8%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-7.1% -5.3% -4.8% -4.2% -3.7%

*Estimate  

Government bond ratings

Standard & Poor's: AA

Moody's rating: Aa1

Moody's outlook: NEG

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2010* 2011 2012**
US$1.983 trillion US$1.538 trillion US$1.762 trillion
     

*2010 Estimate   **2012 Estimate 

Largest companies in France

BNP Paribas, Total, AXA Group, EDF, Sanofi, Credit Agricole, Société Générale, EADS, France Telecom, VINCI, L'Oréal Group, Christian Dior, Schneider Electric, Carrefour, Danone, Natixis, Renault, CNP Assurances, Saint-Gobain, Air Liquide, Safran, Michelin Group, Lafarge, Pernod Ricard, GDF SUEZ, Alstom, Thales, CIC Group, Vivendi, Publicis Groupe, Sodexo, Unibail-Rodamco, Bouygues, Scor, Technip, Veolia Environnement, Kering, Peugeot, Capgemini, Valeo, Alcatel-Lucent, Eiffage, Essilor International, Areva, Financiere de l'Odet, Finatis, Hermès International, Dassault Aviation, Wendel, Legrand, Air France-KLM, Lagardère, Rexel, Eurazeo, ATOS, Aeroports de Paris, Vallourec, Iliad, Foncière des Régions, Accor, Zodiac Aerospace, Gecina, Dassault Systemes, Arkema, Eutelsat Communications, Icade

 
 
Source
Current account balance

US$ -48.731 billion (2014 estimate)

Current account balance by percentage of GDP

-1.689% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

27.2% (2013)

 

Shares in world total merchandising export

3.09%(2012)

 

Shares in world total commercial services export

4.92% (2012)

 

Total exports

US$ 578.6 billion (2013 estimate) 

Export commodities

machinery and transportation equipment, aircraft, plastics, chemicals, pharmaceutical products, iron and steel, beverages

Total imports

US$ 659.8 billion (2013 estimate) 

 
 
Source
Import commodities

machinery and equipment, vehicles, crude oil, aircraft, plastics, chemicals

Exports - major partners

Germany 16.7%, Belgium 7.5%, Italy 7.5%, Spain 6.9%, UK 6.9%, US 5.6%, Netherlands 4.3% (2012)

Imports - major partners

Germany 19.5%, Belgium 11.3%, Italy 7.6%, Netherlands 7.4%, Spain 6.6%, UK 5.1%, China 4.9% (2012)

FDI inflows
2011 2012 2013
US$ 38,547 million US$ 25,086 million US$ 4,875 million
FDI outflows
2011 2012 2013  
US$ 59,552 million US$ 37,195 million US$ -2,555 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$ 6,180 million US$ 37,090 million US$ -3,051 million US$ 2,177  million
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

GDF Suez SA, GDF Suez SA, France, 12.9; 

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

Vivendi SA, Vivendi SA, France, 5.8; BNP Paribas SA, BNP Paribas Fortis SA/NV, Belgium,   4.4; Vinci SA, Parpublica Participacoes, Portugal, 4.1

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 38 out of 185 countries (2013)

Subcategories:

Starting a business: 41 out of 189 countries

Enforcing Contracts: 7 out of 189 countries

Registering Property: 149 out of 189 countries

Getting credit: 55 out of 189 countries

Protecting investors: 80 out of 189 countries

Trading across border: 36 out of 189 countries

Paying Taxes: 52 out of 189 countries

Dealing with Construction Permits: 92 out of 189 countries

Getting Electricity: 42 out of 189 countries

Resolving Insolvency: 46 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

23

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 70 Score: 63.5 (Moderately Free) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Total area

551,500 km2 (2006)

Capital

Paris (2009)

Currency

euros (EUR) (2009)

Government type

republic (2009)

Languages

French 100%, rapidly declining regional dialects and languages (Provencal, Breton, Alsatian, Corsican, Catalan, Basque, Flemish)overseas departments: French, Creole patois

Religions

Roman Catholic 83%-88%, Protestant 2%, Jewish 1%, Muslim 5%-10%, unaffiliated 4%, overseas departments: Roman Catholic, Protestant, Hindu, Muslim, Buddhist, pagan

Total population
1980 1990 2000 2012* 2017**
53.73 million 56.71 million 59.06 million 63.42 million 64.88 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
61.9% 73.3% 75.8% 85.7%
Population median age

40 years (2010)

Population growth rate

0.6% (2011)

Life expectancy

81 years (2010)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

32.74 (1995)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:1
Civil Liberties:1 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

160.95% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

79.58% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Paris: 27th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

5.8188 (Data were released in 2012 and refer to 2009)

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