Country Fact Sheet: France
France is located in heart of Western Europe bordering Spain, Italy, Switzerland, Germany, Belgium, Luxembourg, the Mediterranean Sea, Bay of Biscay, and the English Channel. France is about the size of Texas and covers an area of 547,030 sq. kilometers, making it the largest West European nation. The total population is 66 million and is growing at a rate of 0.47% with 72% living in urban areas. The capital of Paris has a population of 11.8 million with other main cities including Marseille, Lyon, and Toulouse. The people are governed by a republic and they are predominately Roman Catholic. The primary language is French and the currency used is the Euro. France was a founding member of the EU and adopted the Euro as currency in 1999.
France has one of the strongest economies in the world and has a strong presence in the power, public transport, and defense industries. France’s main trade partners are mostly in the EU including, Germany, Belgium, Spain, Italy, UK, and Netherlands, but also include the US and China. Its primary imports are machinery and equipment, vehicles, crude oil, aircraft, plastics, and chemicals. Exports include machinery and transportation equipment, aircraft, plastics, chemicals, pharmaceuticals, iron and steel, and beverages. France’s GDP (Purchasing Power Parity) is $2.253 trillion and is growing at a real rate of 0.1% with an inflation rate of 1.3%. France ranked 34th out of 185 countries in the World Bank Group’s Ease of Doing Business Ranking.
|Demographic Data||Economic Data||Cultural & Other Data|
|Area (sq. km.)||643,801||GDP (PPP, $tn)||2.253||Capital||Paris|
|Population (million)||65.95||GDP Real Growth (%)||0.1||Other Large Cities||Marseille, Lyon|
|Population Growth %||0.47||PerCap GDP ($)||35,500||Primary Language||French|
|% Population Under 15yrs||18.7||Prime Lending Rate (%)||3.6||Urban Population %||85|
|Population below poverty line (%)||7.8||Inflation Rate%||1.3||Urban Growth %||1|
|Agricultural Workers (% of population)||3.8||Unemployment%||10.3||Literacy (% of population)||99|
|Industrial Workers (% of population)||24.3||Foreign Direct Investment($tn)||1.11||Education spending as % of GDP||5.9|
|Service Workers (% of population)||71.8||Debt-External ($bn)||5.633||CPI Score (1-100)*||7.1|
|Labor Force (mil)||29.62||Exports ($bn)||567.1||Corporate Income Tax %||33.33|
|Imports ($bn)||641.3||Ease of Doing Business Ranking **||34|
Franchising Laws Overview
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Click the links below for articles with more information on Franchising in France
Doing Business in France (2012)
Franchising Laws - France (2010)
* CPI Score is published by Transparency International and relates to the perceptions of the degree of corruption as seen by business people and country analysts and ranges between 100 (highly clean) and 0 (highly corrupt).
**Ease of Doing Business Ranking is determined by the World Bank Group and is ranked out of a possible 185 countries. www.doingbusiness.org
Most recent statistics have been taken from the CIA World Factbook unless noted otherwise.
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