Economy of France
Population: 66.99 M (2018)
GDP per Capita: 41,464 USD (2018)
2,778 B.

GDP USD

(2018)

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870,410 M.

EXPORTS USD

(2018)

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891,890 M.

IMPORTS USD

(2018)

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98.10 %

PUBLIC DEBT

(2019)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 1.72 % (2018)
GDP of 2010 USD USD 2,924.90 B. (2018)
GDP Current USD USD 2,777.54 B. (2018)
GDP per Capita Current USD USD 41,464 (2018)
GDP per capita, PPP USD 39,556 (2018)
GDP per Capita, 2010 USD USD 43,664 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 23.41 % (2018)
Government Spending USD 650.23 B. (2018)
Government Debt % GDP 98.10 % (2019)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 112.41 (2018)
Trade Openness 63.45 % (2018)
Exports of Goods and Services % GDP 31.34 % (2018)
Exports Goods & Services USD 870.41 B. (2018)
Exports Annual Growth 3.47 % (2018)
Imports as % GDP 32.11 % (2018)
Total Imports USD 891.89 B. (2018)
Foreign Direct Investment % GDP 2.16 % (2018)
Foreign Direct Investment USD 59.85 B. (2018)
Current Account Balance % GDP USD -0.68 % (2018)
Current Account Balance USD -19.01 B. (2018)
Trade Balance % GDP -0.77 % (2018)
Trade Balance USD -30.74 B. (2018)
Foreign Exchange Reserves incl Gold USD 166.48 B. (2018)
Remittances % GDP 0.97 % (2018)
Remittances USD 1,028 M. (2018)
Balance of Payments USD 8,991 M. (2015)

Labor Market

Indicator Value
Labor Force 30.32 M. (2019)
Unemployment Rate 9.10 % (2019)
Unemployment Rate Females 8.36 % (2019)
Unemployment Rate Males 8.48 % (2019)
Youth Unemployment (ages 15-24) 20.96 % (2019)
Labor Force Participation Rate 54.88 % (2019)
Labor Force (Percent Female) 48.05 % (2019)
Female Labor Force Participation Rate 50.25 % (2019)
Male Labor Force Participation Rate 59.75 % (2019)
Dependent People 61.27 % (2018)

Agriculture Sector

Indicator Value
Forest Area 31.20 % (2016)
Forest Area km² 171,020 km² (2016)
Agricultural Land 52.45 % (2016)
Agricultural Land km² 287,180 km² (2016)
Employment 2.58 % (2019)
Value added % GDP 1.62 % (2018)
Agriculture Value added USD 45.06 B. (2018)
Crop Production Index 88.10 (2016)
Precipitation 867 mm (2014)
Arable Land 34 % (2016)
Cereal Yield 6,875 kg/hectare (2017)
Food production index 96 (2016)
Rural Population 20 % (2018)
Fertilizer use of Arable Land 163 kg/hectare (2016)
Livestock Production Index 103 (2016)
Economy of France

According to the World Bank and its latest published data, the economy of the France presents a growth rate of 1.72 % (2018) to the previous year.

With a population that reaches 66.99 M (2018) and a gross domestic product of USD 2,777.54 B. (2018), it translates a Gross Domestic Product per Capita of USD 41,464 placing its inhabitants on the threshold of an High-income country (according to the World Bank's updated classification).

France also has a workforce of 30.32 M. (2019) with an unemployment rate of 9.10 % (2019), where women represent 8.36 % (2019) and men 8.48 % (2019), the unemployment rate for young people between 15-24 years old stood at 20.96 % (2019). The total number of dependent people stands at 61.27 % (2018).

The central government spent 23.41 % (2018) of its gross domestic product that year, which in absolute terms is USD 650.23 B. (2018). Its consolidated public debt reached 98.10 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, France exported USD 870.41 B. (2018), which represents 31.34 % (2018) of its gross domestic product, in that same sense its imports reached USD 891.89 B. (2018) with a direct foreign investment of USD 59.85 B. (2018).

France has a forest area of 171,020 km² (2016), which represents 31.20 % (2016) of its total area, an average rainfall of 867 mm (2014) per year and a population of 20 % (2018) living in rural areas. With a total area of 287,180 km² (2016) available for agriculture and 2.58 % (2019) of its employments, the agricultural sector contributes to the economy of the France about USD 45.06 B. (2018) (1.62 % (2018) of its GDP).