 La Défense, the financial hub of France |
Currency | Euro (EUR, €) |
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Fiscal year | Calendar year |
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Trade organisations | EU, WTO and OECD |
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Country group | - Developed/Advanced
- High-income economy
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Population | 68,035,000 (January 2021) |
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GDP | $3.061 trillion (nominal; 2022 est.) $3.352 trillion (PPP; 2022 est.)
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GDP rank | - 6th (nominal, 2022)
- 10th (PPP, 2022)
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GDP growth | |
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GDP per capita | $46,834 (nominal; 2022 est.) $56,036 (PPP; 2022 est.)
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GDP per capita rank | - 25th (nominal, 2022)
- 26th (PPP, 2022)
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GDP by sector | - agriculture: 1.7%
- industry: 19.5%
- services: 78.8%
- (2017 est)
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Inflation (CPI) | - 0.5% (2020 est.)
- 1.3% (2019)
- 2.1% (2018)
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Population belowpoverty line | - 5.5% or 13.2% with DOM-TOM
17.75% at risk of poverty or social exclusion (AROPE, 2018)
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Gini coefficient | 28.5low(2018, Eurostat) |
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Human Development Index | 0.909very high(2020) (26th) 0.820very highIHDI (2019)
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Labour force | 30,394,934 (2020, ILO) 72.4% employment rate (Target: 75%; 2019)
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Labour force by occupation | - agriculture: 2.8%
- industry: 20%
- services: 77.2%
- (2016 est.)
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Unemployment | 7.4% with DOM-TOM (Q4, 2021) 15.9% youth unemployment (15 to 24-year-olds, Q4 2021)
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Average gross salary | €35,484 / $42,300 annually (2017) |
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Average net salary | €27,543 / $31,304 annually (2022) |
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Main industries | - Machinery
- chemicals
- automobiles
- metallurgy
- aircraft
- electronics
- textiles
- food processing
- tourism
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Ease-of-doing-business rank | 32nd (very easy, 2020) |
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Exports | $746.9 billion (5th; 2020 est.) |
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Export goods | machinery and equipment, aircraft, plastics, chemicals, pharmaceutical products, iron and steel, beverages |
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Main export partners | Germany(+) 14.8% Spain(+) 7.7% Italy(+) 7.5% United States(+) 7.2% Belgium(+) 7% United Kingdom(+) 6.7%- (2017)
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Imports | $803.6 billion (4th; 2020 est.) |
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Import goods | machinery and equipment, vehicles, crude oil, aircraft, plastics, chemicals |
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Main import partners | Germany(+) 18.5% Belgium(+) 10.2% Netherlands(+) 8.3% Italy(+) 7.9% Spain 7.1% United Kingdom(+) 5.3% United States(+) 5.2% China(-) 5.1%- (2017)
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FDI stock | $858.3 billion (31 December 2017 est.) Abroad: $1.429 trillion (31 December 2017 est.)
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Current account | −$18.10 billion (2019 est.) |
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Grossexternal debt | $5.250 trillion (31 March 2017) |
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Public debt | 98.1% of GDP (2019) €2.380 trillion (2019)
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Budget balance | - €72.8 billion deficit (2019)
- −3.0% of GDP (2019)
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Revenues | 52.6% of GDP (2019) |
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Expenses | 55.6% of GDP (2019) |
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Economic aid | donor: ODA, $9.50 billion (2016) |
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Credit rating | |
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Foreign reserves | $237.83 billion (April 2020) |
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All values, unless otherwise stated, are in US dollars.
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