France To Appoint Envoy For Sovereign Funds
Although the precise remit has not been defined, the envoy will focus on the major funds in the Persian Gulf.
France GDP and Economic Data
Includes France real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about France economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of France best banks and safest banks are also available.
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International Reserves
USD 166.7 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
GDP (Purchasing Power Parity)
Intl$ 2,962.8 billion (2018, estimate)
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Real GDP growth
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
| 2.4% | 2.4% | 0.2% | -2.9% | 2% | 2.1% | 0.2% |
| 2013 | 2014 | 2015 | 2016* | 2017* | ||
| 0.6% | 0.6% | 1.3% | 1.3% | 1.4% |
*Estimate
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GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2017* |
| 4.52% | 4.19% | 3.46% | 2.68% | 2.3% |
*Estimate
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GDP - composition by sector
- agriculture: 1.7%
- industry: 19.4%
- services: 78.8%
(2016 estimate)
Gross domestic expenditure on R&D; (% of GDP)
2.3% (2014)
OECD, data retrieved January 2017
Inflation
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 1.0% | 0.6% | 0.1% | 0.3% | 1.0% |
*Estimate
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Unemployment rate
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 10.3% | 10.3% | 10.4% | 9.8% | 9.6% |
*Estimate
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Public debt (General government gross debt as a % of GDP)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 92.4% | 95.3% | 96.1% | 97.2% | 97.8% |
*Estimate
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Public deficit (General government net lending/borrowing as a % of GDP)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| -4% | -4% | -3.5% | -3.3% | -3% |
*Estimate
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Government bond ratings
Standard & Poor's: AA
Moody's: Aa2
Standard & Poor's / Moody's (Updated January 2017)
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Market value of publicly traded shares
| 2013 | 2014 | 2015 |
| USD 2301.1 billion | USD 2085.9 billion | USD 2088.3 billion |
Largest companies
BNP Paribas, AXA Group, Total, Sanofi, EADS, Credit Agricole, Société Générale, Orange, Renault, VINCI, L'Oréal Group, Christian Dior, Schneider Electric, EDF, Saint-Gobain, Carrefour, CNP Assurances, Danone, Natixis, Air Liquide, Peugeot, Michelin Group, Vivendi, GDF SUEZ, Pernod Ricard, CIC Group, Thales, Veolia Environnement, Kering, Publicis Groupe, Bouygues, Capgemini, Sodexo, Unibail-Rodamco, Scor, Safran, Essilor International, Valeo, Eiffage, Hermès International, Finatis, ATOS, Gecina, Financiere de l'Odet, Air France-KLM, Legrand, Alstom, Technip, Dassault Systemes, Aeroports de Paris, Foncière des Régions, Klepierre, Iliad, Wendel, Rexel, Accor, Eurazeo, Dassault Aviation, Arkema, Areva, Eutelsat Communications.
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Current account balance by percentage of GDP
-0.4% (2017 estimate)
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Exports as percent of GDP (Exports of goods and services)
30.0% (2015)
Shares in world total merchandising export
3.1% (2015)
Shares in world total commercial services export
5.0% (2015)
Export commodities
Machinery and transportation equipment, aircraft, plastics, chemicals, pharmaceutical products, iron and steel, beverages
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Import commodities
Machinery and equipment, vehicles, crude oil, aircraft, plastics, chemicals
Exports - major partners
Germany 15.9%, Spain 7.3%, US 7.2%, Italy 7.1%, UK 7.1%, Belgium 6.8% (2015)
Imports - major partners
Germany 19.5%, Belgium 10.7%, Italy 7.7%, Netherlands 7.5%, Spain 6.8%, US 5.5%, China 5.4%, UK 4.3% (2015)
FDI inflows
| 2013 | 2014 | 2015 |
| USD 42,892 million | USD 15,191 million | USD 42,883 million |
FDI outflows
| 2013 | 2014 | 2015 |
| USD 24,997 million | USD 42,869 million | USD 35,069 million |
Value of cross-border M&A, by country of purchaser
| 2012 | 2013 | 2014 | 2015 |
| USD -3051.0 million | USD 2809.9 million | USD 13809.3 million | USD 23506.1 million |
Cross-border M&A deals worth over $3 billion completed in 2014
Numericable Group SA, Societe Francaise du Radiotelephone SA, France, USD 23.1 billion / Schneider Electric SA, Invensys PLC, United Kingdom, USD 5.2 billion
Cross-border M&A deals worth over $3 billion completed in 2015
Klepierre SA, Corio NV, Netherlands, USD 5.5 billion / Orange SA, Jazztel PLC, Spain, USD 4.3 billion / Cap Gemini SA, iGATE Corp, United States, USD 3.9 billion / Publicis Groupe SA, Sapient Corp, United States, USD 3.7 billion
Best countries for doing business
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 29 out of 190 countries (2016)
Subcategories:
Starting a business: 27 out of 190 countries
Enforcing Contracts: 18 out of 190 countries
Registering Property: 100 out of 190 countries
Getting credit: 82 out of 190 countries
Protecting investors: 32 out of 190 countries
Trading across border: 1 out of 190 countries
Paying Taxes: 63 out of 190 countries
Dealing with Construction Permits: 20 out of 190 countries
Getting Electricity: 25 out of 190 countries
Resolving Insolvency: 24 out of 190 countries
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Global competitiveness ranking
21 out of 138 countries
(2016-2017)
Index of Economic Freedom
Ranking: 75 / Score: 62.32 (Moderately free) (2017)
(100=totally free 0=totally repressed)
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Languages
French (official) 100%, rapidly declining regional dialects and languages (Provencal, Breton, Alsatian, Corsican, Catalan, Basque, Flemish)
Overseas departments: French, Creole patois, Mahorian (a Swahili dialect)
Religions
Christian (overwhelmingly Roman Catholic) 63-66%, Muslim 7-9%, Buddhist 0.5-0.75%, Jewish 0.5-0.75%, other 0.5-1.0%, none 23-28%
Note: France maintains a tradition of secularism and has not officially collected data on religious affiliation since the 1872 national census, which complicates assessments of France's religious composition; an 1872 law prohibiting state authorities from collecting data on individuals' ethnicity or religious beliefs was reaffirmed by a 1978 law emphasizing the prohibition of the collection or exploitation of personal data revealing an individual's race, ethnicity, or political, philosophical, or religious opinions; a 1905 law codified France's separation of church and state (2015 est.)
Total population
| 1990 | 2000 | 2010 | 2016* | 2021* |
| 56.577 million | 58.858 million | 62.765 million | 64.569 million | 66.061 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2015 |
| 62% | 73% | 76% | 80% |
Inequality of wealth distribution (Gini index)
33.1 (2012)
(0=perfect equality, 100=absolute inequality)
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Freedom House rating
Political Rights: 1
Civil Liberties: 2 (2017)
(1 represents the most free, 7 the least free rating)
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Total telephone subscribers as % of population
Fixed 59.91% Mobile 102.61% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)