Investing in France
France, a country with a global outlook
International companies choose France because of its strategic position at the heart of Europe, the largest market in the world with 500 million consumers, and because of its membership of the euro zone, which offers the advantages of a single currency in 13 different countries.
With 65 million inhabitants, France is the second-largest consumer market in Europe after Germany and the fifth-largest economy in the world, with a GDP of US $2,670 billion in 2010. 80 million tourists visited the country in 2008.
While this makes France the leading tourist destination in the world, the country was also the third-leading recipient of foreign direct investment in the world in 2009, according to UNCTAD, receiving US $65 billion in foreign investment flows, second only the United States (US $136 billion).
In a global economy marked by an overall drop in foreign direct investments, the IFA and its regional partners in 2009 recorded 639 new job-creating foreign investment projects, nearly the same number as in 2008. The number of jobs created or maintained by these new investments was approximately 30,000.
France is the #1 investment destination in Europe
23,463 foreign companies currently have a base in France, employing over 2.3 million people, double the figure only 10 years ago. Foreign companies in France produce 40% of French exports and perform more than 20% of R&D conducted in France.
With more than 266,500 international students attending French universities each year, France 4th in the world after the U.S., Australia and the U.K.
Over 40% of the equity of companies listed on the CAC 40, the French stock exchange benchmark index, was held by foreign investors as of the end of 2008. In April 2007, Euronext (the pan-European stock exchange including the Paris stock market) merged with the New York Stock Exchange to create NYSE Euronext, the leading financial marketplace group in the world.
Source : Invest in France Agency
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Updated on : December 2010
- Useful links
- Invest in France Agency
- The Quai d’Orsay/Entreprise project