Doing Business in France
Updated in February 2018
France is the world's fifth largest economy, and is considered one of the most modern countries in the
world. A leading country with high global influences, as the country is member of the United Nations
Security, Council, NATO, the G-8 , the G-20 amongst others.
Being at the heart of Europe, which is the largest market in the world, the country can offer good economic
solutions to potential exporters.
With 66,5 million people and one main language, French, their GDP is worth 2829.19 billion US$ (2014),
which represents 4.56% of the economy of the world. The GDP increased by 1.2% in 2015. France has
signed agreements to address taxation with over 160 countries in the world.
The economy in France is diversified across many sectors. Tourism in France represents the third largest
income in the world, the country is the most visited destination in the world. The government has privatized
many large companies, while maintaining a strong presence in specific sectors such as power, public
transport and defence industries. While capitalism is in full development in France, there are several social
legislations and tax policies to mitigate the economic inequality.
Exports in 2014 were $571B, of which $118B were on transportation (cars, planes, helicopters), $106B of
Machines and $95B on Pharmaceutical and Chemical products.
France is the 6 th largest importer in the world ($654B), with over $130B in machines in 2014, $98B in
mineral products and $91B in transportation, including cars.
Relationships with international businesses continue. In order to avoid the 'redundancy' risk of the use of
static data about various countries, this portal incorporates various live data feeds from:
- The Organisation for Economic Cooperation and Development (OECD)
- The World Bank
- The observatory of Economic Complexity
Use the navigations buttons below to access to more live data:
Inflation, Development indicators, Exports, Trade Balance, and more.