Economy ofFrance
La Défense from the Arc de Triomphe 20150802.jpg
La Défense, the financial hub of France
CurrencyEuro (EUR, €)
Fiscal year
Calendar year
Trade organisations
EU, WTO and OECD
Country group
  • Developed/Advanced
  • High-income economy
Statistics
PopulationIncrease 68,035,000 (January 2021)
GDP
  • Increase $3.061 trillion (nominal; 2022 est.)
  • Increase $3.352 trillion (PPP; 2022 est.)
GDP rank
  • 6th (nominal, 2022)
  • 10th (PPP, 2022)
GDP growth
    • 1.8% (2018)
  • 1.5% (2019)
    • -8.1% (2020e)
  • 7.0% (2021e)
GDP per capita
  • Increase $46,834 (nominal; 2022 est.)
  • Increase $56,036 (PPP; 2022 est.)
GDP per capita rank
  • 25th (nominal, 2022)
  • 26th (PPP, 2022)
GDP by sector
  • agriculture: 1.7%
  • industry: 19.5%
  • services: 78.8%
  • (2017 est)
Inflation (CPI)
  • 0.5% (2020 est.)
  • 1.3% (2019)
  • 2.1% (2018)
Population belowpoverty line
  • 5.5% or 13.2% with DOM-TOM
  • Negative increase 17.75% at risk of poverty or social exclusion (AROPE, 2018)
Gini coefficient
Positive decrease 28.5low(2018, Eurostat)
Human Development Index
  • Increase 0.909very high(2020) (26th)
  • Increase 0.820very highIHDI (2019)
Labour force
  • Increase 30,394,934 (2020, ILO)
  • Increase 72.4% employment rate (Target: 75%; 2019)
Labour force by occupation
  • agriculture: 2.8%
  • industry: 20%
  • services: 77.2%
  • (2016 est.)
Unemployment
  • Positive decrease 7.4% with DOM-TOM (Q4, 2021)
  • Positive decrease 15.9% youth unemployment (15 to 24-year-olds, Q4 2021)
Average gross salary
€35,484 / $42,300 annually (2017)
Average net salary
€27,543 / $31,304 annually (2022)
Main industries
  • Machinery
  • chemicals
  • automobiles
  • metallurgy
  • aircraft
  • electronics
  • textiles
  • food processing
  • tourism
Ease-of-doing-business rank
Steady 32nd (very easy, 2020)
External
ExportsDecrease $746.9 billion (5th; 2020 est.)
Export goods
machinery and equipment, aircraft, plastics, chemicals, pharmaceutical products, iron and steel, beverages
Main export partners
  •  Germany(+) 14.8%
  •  Spain(+) 7.7%
  •  Italy(+) 7.5%
  •  United States(+) 7.2%
  •  Belgium(+) 7%
  •  United Kingdom(+) 6.7%
  • (2017)
ImportsDecrease $803.6 billion (4th; 2020 est.)
Import goods
machinery and equipment, vehicles, crude oil, aircraft, plastics, chemicals
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)
FDI stock
  • Increase $858.3 billion (31 December 2017 est.)
  • Increase Abroad: $1.429 trillion (31 December 2017 est.)
Current account
Increase −$18.10 billion (2019 est.)
Grossexternal debt
$5.250 trillion (31 March 2017)
Public finances
Public debt
  • Steady 98.1% of GDP (2019)
  • Negative increase €2.380 trillion (2019)
Budget balance
  • €72.8 billion deficit (2019)
  • −3.0% of GDP (2019)
Revenues52.6% of GDP (2019)
Expenses55.6% of GDP (2019)
Economic aiddonor: ODA, $9.50 billion (2016)
Credit rating
  • Standard & Poor's:
  • AA
  • Outlook: Stable
  • Moody's:
  • Aa2
  • Outlook: Stable
  • Fitch:
  • AA
  • Outlook: Stable
Foreign reserves
Increase $237.83 billion (April 2020)

All values, unless otherwise stated, are in US dollars.