INFORMATION ABOUT FRANCE

-- APPROACHING FRANCE
France, the fourth largest economy in the world, is an ideal opportunity to conquer the European market. The European Community now counts ten more countries and represents 44,2% of the world Trade (goods and services) and 453 millions consumers. Situated in the middle of these countries, it enjoys genuine economic stability and a strong international reputation in key industrial sectors. With it numerous advantages, France offers a favourable environment to business.
THE FRENCH ECONOMY
 
WORKFORCE AND COMPETITIVENESS
 

The quality of the workforce represents one of the most important factors in terms of competitiveness in a global economy. In France, this quality is largely due to the high level of qualification. To reach such a high level of competence, the educational expenditures reached 111.3 billion Euros or 7,1% of GDP in 2003, 18,9 billion euros were dedicated to the post graduate education. In 2004, there were 2 268 400 students, which means 59 400 more than the previous year.

The GDP per employee in French private business is 51 500 US$ ahead of the United Kingdom (50 900), Germany (42 700) and Spain (35 500) according to the World Competitiveness Yearbook 2002.

Workforce (in millions, in 2005)
27 637
Participation rate - men (in 2003)
74,6
Participation rate - women (in 2003)
63,4%
Unemployment rate (2005)
9,8%
Yearly average take home pay (in 2001)
21 022€
Gross saving rate (as % of disposable income) in 2004
15,20%
Hourly minimum wage (in 2003)
8,03€

 

 
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To help you in your steps to further commercial development in France: Contact the French Chamber of Commerce in your country.