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Economy of France

Economy of France
La Défense is a major business district in Paris
CountryFrench Republic
Width200
CaptionLa Défense is a major business district in Paris
Rank5th (nominal) / 9th (PPP)
Currency1 euro (-1)=100 cent
YearCalendar year
OrgansEU, WTO and OECD
Gdp$2.113 trillion
Growth1.6% (2010)
Per CapitaNominal : $38,016 (2008)
Sectorsagriculture (2.1%), industry (19%), services (78.9%) (2009 est)
Inflation1.5% (2010 est.)
Poverty13.2% (2008)
Gini32.7 (2008)
Labor28.21 million (2010 est.)
Edbr26th
Occupationsservices (71.8%), industry (24.3%), agriculture (3.8%) (2009)
Unemployment9.6% (Feb. 2011)
Average Gross Salary3,931 - / 5,307 $, monthly (2006)
Average Net Salary1,828 - / 2,468 $, monthly (2006)
Industriesmachinery, chemicals, automobiles, metallurgy, aircraft, electronics; textiles, food processing; tourism
Exports$508.7 billion (2010 est.)
Export-goodsmachinery and transportation equipment, aircraft, plastics, chemicals, pharmaceutical products, iron and steel, beverages, electronics
Export-partnersGermany 15.88%, Italy 8.16%, Spain 7.8%, Belgium 7.44%, United Kingdom 7.04%, United States 5.65%, Netherlands 3.99% (2009)
Imports$577.7 billion (2010 est.)
Import-goodsmachinery and equipment, vehicles, crude oil, aircraft, plastics, chemicals
Import-partnersGermany 19.41%, Belgium 11.61%, Italy 7.97%, Netherlands 7.15%, Spain 6.68%, United Kingdom 4.9%, United States 4.72%, China 4.44% (2009)
FDI$1.207 trillion (31 December 2010 est.)
Gross External Debt$4.698 trillion (30 June 2010)
Debt83.5% of GDP (2010 est.)
Revenue$1.241 trillion (2009 est.)
Expenses$1.441 trillion (2010 est.)
CreditAAA (Domestic)
AAA (Foreign)
AAA (T&C Assessment)
(Standard & Poor's)
ReservesUS$191.689 billion (March 2011)
Aiddonor: ODA $10.1 billion (2006) [http://www.langlophone.com/20100526_edition/20100526_EU27_data_table_flipped.pdf
Cianamefr

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:This article addresses the current economic situation of France. For historical information, see Economic history of France.

France is the world's fifth largest and wealthiest economy. It is the second largest economy in Europe (behind its main economic partner Germany). France's economy entered the 2008-2009 recession later and left it earlier than most comparable economies, only enduring four quarters of contraction. As of September 2010, France's economy has been growing continuously since the second quarter of 2009. Between January and March 2011, France's GDP growth has been stronger than expected, at 1%, one of the best figures in Europe.


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