GDP (purchasing power parity):
$2.16 trillion (2010)
Country comparison to the world: 10
GDP (official exchange rate):
$2.55 trillion (2010)
GDP (real growth rate):
1.6%
Country comparison to the world: 165
GDP per capita (PPP):
$33,000 (2010)
Country comparison to the world: 40
GDP (comparison by sector):
Labor Force:
28.21 million
Labor Force (by occupation):
Investment (gross fixed):
19.9% of GDP (2010)
Country comparison to world: 87
Market Value of Publicly Traded Shares:
$1.972 trillion
French Economic Trends:
Currently, the French Stock Market is at its highest since September/October of 2008.
There has also been an increase in the earning of the French auto-maker, Citroën/Peugeot.
Global car sales were up 28% in January. The French government believes the Euro to be overvalued. This is primarily due to the fact that the dollar and the Chinese Yuan are artificially low.
The Economic downturn in France was relatively short lived, there were only 4 quarters of contraction. The French economy has been expanding since mid-2009, although the unemployment rate still hovers around 10%.
France is the 2nd largest recipient of FDE and also the 2nd largest outward investor in the world. The economy is predicted to grow by approximately 2.8% this year with more growth occurring in the service sector. At the moment, however, the manufacturing sector is in decline.
French business confidence is at a 3 year high.
Links to Useful Sites:
For more economic and overall information about France, please visit the World Fact Book on: www.cia.gov
For further information concerning trade in France, please visit: www.ubifrance.com
For information on investing in France, please visit: www.invest-in-france.org
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