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Economy of France

Population: 66 million in 20131

GDP: $2.73 trillion in 20132

GDP per capita: $42,503 nominal3 ($36,907 PPP4) in 2013

GDP growth rate: 1.5% in 20145


GDP by Industry 20126

Industry sectorValue added ($ billions) 2012Percent of total
Other activities1,40056.1%
Wholesale, retail trade, restaurants and hotels37915.2%
Transport, storage and communication1977.9%
Mining and utilities612.5%
Agriculture, hunting, forestry, fishing471.9%
Total value added2,494100%


Unemployment rate: 10.2% in Jan 20157

Employment by Industry 20138

Employment sector Employees (thousands) 2013Percent of total
Human health and social work3,62414.1%
Wholesale trade, retail trade and repair of motor vehicles3,24612.6%
Public administration and defence2,3549.1%
Professional, scientific and technical1,4025.4%
Transportation and storage1,3995.4%
Administrative and support service9643.7%
Accommodation and food service9553.7%
Finance and insurance8493.3%
Agriculture, forestry and fishing7863.1%
Information and communication7012.7%
Other service6982.7%
Activities of households as employers4681.8%
Arts, entertainment and recreation4111.6%
Real estate3711.4%
Electricity, gas, steam and air conditioning2360.9%
Not elsewhere classified2060.8%
Water supply, sewerage and waste management1890.7%
Mining and quarrying280.1%
Extraterritorial organizations and bodies240.1%
Total employment25,747100%


Top 10 Corporations by Revenue 2013* 9

RankCorporationRevenue ($ billions) 2013Profit ($ billions) 2013Assets ($ billions) 12/31/13Industry
3Societe Generale1162.61,456Finance
4BNP Paribas1055.72,135Finance
5GDF Suez104-10.3184Energy
6Credit Agricole1006.01,991Finance
8Electricite de France894.4301Energy
10Groupe BPCE593.21,414Finance

* Corporate data calculated using the exchange rate 0.848 EUR = 1 USD


Household Wealth: $15.3 trillion (560% of GDP) in 201410

Household Wealth per Adult: $317,292 in 201410

Gini Coefficient: .30611


Central Government

Central Government Total Revenue: $1.41 trillion (52% of GDP) in 201312

Central Government Total Expenditure: $1.52 trillion (56% of GDP) in 201312

Central Government Budget Balance: -$110 billion (-4% of GDP) in 201312

Central Government Public Debt: $2.12 trillion (78% of GDP) in Q2 2014* 13

Central Government 10 Year Bond Interest Rate: 0.78%14

* Public debt calculated using the exchange rate 0.848 EUR = 1 USD

Public Funds

Banque Publique d'Investissement: $34 billion (1% of GDP) in 201415

Tax Structure

Personal Income Tax Rates and Thresholds in 2013* 16

Corporate Tax Rate: 34.4% in 201417

* Thresholds calculated using the exchange rate 0.848 EUR = 1 USD

Monetary Policy

Monetary Supply (Euro area, M1): $6.86 trillion in Nov 2014* 18

Benchmark Interest Rate (Euro area): 0.05% in Sept 201419

Total Reserves: $145 billion (5% of GDP) in 201320

Exchange Rate: 1 U.S. Dollar = .848 Euros on Jan 10, 201521

Inflation: -0.3% in Feb 201522

* Monetary base calculated using the exchange rate 0.848 EUR = 1 USD

Financial Institutions

Top 6 Financial Institutions by Assets 201223

RankFinancial InstitutionAssets ($ billions) Dec 2012*
1BNP Paribas2,249
2Credit Agricole2,103
3Societe Generale1,474
4Group BPCE1,354
5Credit Mutuel761

* Assets calculated using the exchange rate 0.848 EUR = 1 USD

International Accounts

Exports: $579 billion (21% of GDP) in 201324

Imports: $660 billion (24% of GDP) in 201324

Trade Balance: -$81 billion (-3% of GDP) in 201324

Foreign Direct Investment Inflow: $4.9 billion (0.2% of GDP) in 201325

Foreign Direct Investment Outflow: -$2.6 billion (-0.1% of GDP) in 201325

Foreign Aid Inflow: N/A

Foreign Aid Outflow: $11.3 billion (0.4% of GDP)in 201326


1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: IMF World Economic Outlook (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: The Sofia Globe (Unemployment rate) Go back
8. Source: International Labor Organization, Downloads (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: CIA World Factbook (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: OECD Stat Extracts, National Accounts, Quarterly Public Sector Debt (Public debt) Go back
14. Source: Bloomberg (Government bond yield) Go back
15. Source: ESADE Sovereign Wealth Funds (Public funds) Go back
16. Source: OECD Stat Extracts, Public Sector, Tax Database (Individual tax rates) Go back
17. Source: Tax Foundation (Corporate tax rate) Go back
18. Source: ECB Monetary developments (Money supply) Go back
19. Source: ECB Key interest rates (Benchmark interest rate) Go back
20. Source: World Bank Indicators (Total reserves) Go back
21. Source: Yahoo Finance (Exchange rate) Go back
22. Source: National Institute of Statistics and Economic Studies (Inflation rate) Go back
23. Source: Relbanks.com (Financial institutions by assets) Go back
24. Source: CIA World Factbook (Trade data) Go back
25. Source: OECD FDI in Figures (FDI data) Go back
26. Source: OECD Aid Statistics (Aid outlfow) Go back