Economy of France in the context of "Service sector"

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⭐ Core Definition: Economy of France

France has a highly developed social market economy with strong state participation in strategic sectors. It is the world's seventh-largest economy by nominal GDP and the ninth-largest economy by PPP, constituting around 3% of world GDP. Due to a volatile currency exchange rate, France's GDP as measured in dollars fluctuates sharply, by 2025 it is 15% larger than in 2008. France has a diversified economy, that is dominated by the service sector (which in 2017 represented 78.8% of its GDP), whilst the industrial sector accounted for 19.5% of its GDP and the primary sector accounted for the remaining 1.7%. In 2024, France was the largest Foreign Direct Investment recipient in Europe, and Europe's second-largest spender in research and development. It was ranked among the 10 most innovative countries in the world by the 2020 Bloomberg Innovation Index, as well as the 15th most competitive nation globally according to the 2019 Global Competitiveness Report (up 2 notches compared to 2018). It was the fifth-largest trading nation in the world (and second in Europe after Germany). France is also the most-visited destination in the world, as well as the European Union's leading agricultural power.

According to the International Monetary Fund (IMF), in 2025, France was the world's 25th country by GDP per capita with $48,981 per inhabitant. In 2023, France was listed on the United Nations's Human Development Index with a value of 0.920 (indicating very high human development) and 25th on the Corruption Perceptions Index in 2024. Among OECD members, France has a highly efficient and strong social security system, which comprises roughly 31.7% of GDP.

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Economy of France in the context of Institut national de la statistique et des études économiques

The National Institute of Statistics and Economic Studies (French: Institut national de la statistique et des études économiques, pronounced [ɛ̃stity nɑsjɔnal la statistik e dez‿etyd(z‿)ekɔnɔmik]), abbreviated INSEE or Insee (/ɪnˈs/ in-SAY, French: [inse]), is the national statistics bureau of France. It collects and publishes information about the French economy and people and carries out the periodic national census. Headquartered in Montrouge, a commune in the southern Parisian suburbs, it is the French branch of Eurostat. The INSEE was created in 1946 as a successor to the Vichy regime's National Statistics Service (SNS). It works in close cooperation with the Institut national d'études démographiques (INED).

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Economy of France in the context of A.P.C.

Atelier de Production et de Création, or A.P.C., is a French ready-to-wear luxury brand founded in 1987 by Jean Touitou in Paris.

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Economy of France in the context of Economy of the European Union

The economy of the European Union is the joint economy of the member states of the European Union (EU). It is the second largest economy in the world in nominal terms, after the United States, and the third largest at purchasing power parity (PPP), after China and the US. The European Union's GDP is estimated to be $19.99 trillion (nominal) in 2025 or $29.18 trillion (PPP), representing around one-sixth of the global economy. Germany, France and Italy are the three largest economies in the European Union, accounting for approximately 51.9% of the EU's total GDP. Germany contributes 23.7%, while France accounts for 16.1% and Italy for 12.1%. In 2023, the social welfare expenditure of the European Union (EU) as a whole was 26.8% of its GDP.

The EU has total banking assets of more than $38 trillion, France accounts for 26% ($10 trillion) of Europe's total banking assets followed by Germany with 18% ($7 trillion) and Italy with 8% ($3 trillion).Global assets under management in the EU is more than $12 trillion, with France accounting for more than 33% ($4 trillion) of Europe's total AUM followed by Germany with 16% ($2 trillion) and Italy with 12% ($1 trillion). Paris is by far the economically strongest city in the EU, with a GDP exceeding $1 trillion. Paris is a major economic hub in the EU, with Euronext Paris, the largest stock exchange in the EU by market cap. Frankfurt, Germany's financial center, is the second-largest in the EU, hosting the Frankfurt Stock Exchange, although it is significantly smaller than Paris in terms of market cap and economic influence.

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Economy of France in the context of Tunisians in France

Tunisians in France are people of Tunisian descent living in France. People of Tunisian origin account for a large sector of the total population in France. Following France's colonial rule in Tunisia from 1881 to 1956, many Tunisians chose to immigrate to France from the 1960s to the present due to France's favorable economic conditions, while others sought to escape Tunisia's relatively unfavorable living conditions. The early 1980s saw a boom of the Tunisian community in France because of adjustments (over 22,000 cases).

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