Overview of the French economy

France is the fifth economic power in the world. Its per capita income from goods and services is among the highest in Europe, and its labour productivity is one of the best in the world.

The internationalisation of the French economy is an established fact. It can be measured by the dynamic nature of its trade with Europe and the rest of the world. It can also be seen in capital movements: France is both a major investor in other countries and a favoured destination for international investment.

In an age of fiercer competition, France needs to raise its growth rate and improve its trade balance. A policy to that end has been launched. It is based on raising household purchasing power. It will necessarily involve winning new positions in the most dynamic regions of the world economy, developing its offering of innovative, high-value-added products and services, and a greater contribution from medium-sized firms.

Read more:

  the key figures of the French economy

Source : France 2008, La Documentation française