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Indicators of economy in France

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12.259 USD per capita. GDP in France, on the other hand, reached USD 43.519 per capita, or 2,937.47 billion USD in the whole country. France is one of the world's largest economies and is currently at rank 7. If this is calculated per inhabitant taking into account the purchasing power parity, then France is in the list of the world's richest countries in place 22.
Inflation in France was in 2021 at around 1.64%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.
Compared with the USA, prices for daily consumer goods are around 3.8% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.
Back to overview: France

Impact of the Covid-19 pandemic

Overall, the gross domestic product in France in 2020 decreased moderatly from 2,728.87 billion US Dollar to 2,630.32 billion US Dollar. Certainly, there have been shifts in some sectors of the economy, but a minus of 3.6% is still comparatively good this year. Numerous countries suffered more substantial losses. The tourism sector alone slumped by around 49 percent. Fortunately, the unemployment rate actually fell from 8.4 to 8.0 percent. The country's gross debt increased by 13.8%. The inflation rate has fallen from 1.1 percent previously to 0.5 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2021

 France
Total
France
per capita
EU
Total
EU
per capita
GDP2,937.47 bn USD43,518.54 USD17.09 tn USD33,228.68 USD
Gross national product2,961.95 bn USD43,881.15 USD16.78 tn USD32,621.03 USD

France ranked 13th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea. 54 of the 2000 largest listed companies in the world originate from France. This is determined annually in the Forbes Global 2000 list. The 10 largest companies in the country were in 2022:
Rank 29: Total (Paris)
Rank 39: BNP Paribas (Paris)
Rank 48: AXA Group (Paris)
Rank 61: LVMH Moët Hennessy Louis Vuitton (Paris)
Rank 99: Sanofi (Paris)
Rank 119: EDF (Paris)
Rank 121: Credit Agricole (Montrouge)
Rank 171: ENGIE (La Defense)
Rank 177: VINCI (Nanterre)
Rank 202: L'Oréal (Paris)

Development of the Gross domestic product in billion US Dollar 1960 - 2021


Household debt and deficits 2021


 France
Total
France
per capita
EU
Total
EU
per capita
Gross debt3,327.04 bn USD49,289.93 USD15.07 tn USD29,300.11 USD
Budget deficit190.31 bn USD2,819.37 USD799.24 bn USD1,554.11 USD


Im- and Exports 2021

 France
Total
France
per capita
EU
Total
EU
per capita
Imports957.53 bn USD14,185.77 USD8,916.24 bn USD17,337.55 USD
Exports921.61 bn USD13,653.54 USD9,554.34 bn USD18,578.33 USD

Development of imports and exports in billions of USD 1975 - 2021
Exports
Imports

France: AirportsLargest airports and airlines in FranceThe 30 biggest airports and 15 airlines in France with further information and data
France: Public HolidaysPublic holidays in France 2022-2026Statutory and inofficial holidays in France for 2022 to 2026
Pariah StatesList of the 11 current Pariah States11 countries, that suffer from the sanctions of the international community because of their mostly autocratic government.