Economy of France:

France has the world's fifth largest economy by nominal figures and the ninth largest economy by PPP figures.[8] It has the second largest economy in Europe (behind its main economic partner Germany) in nominal figures, based on the dynamic industrial structure of the French economy.[9] OECD is headquartered in Paris, France.
France's economy entered the recession of the late 2000s later and left it earlier than most comparable economies, only enduring four-quarters of contraction.[10] Between January and March 2011, France's GDP growth had been stronger than expected at 0.9%, one of the best figures in Europe but shrunk between April and June 2011 decreasing by −0.1%. In 2011, the GDP surprisingly grew at 1.85%, below Germany at 2.9% but more than the UK that grew by 0.6%.
France has long been part of the world's wealthiest and most developed national economies.
  • In 2010, Credit Suisse's Global Wealth Report ranked France the wealthiest European country with 2.6 million dollar-millionaires, and the world's 4th wealthiest[13] nation[14] in aggregate household wealth.
After the turn of the century, wealth per adult grew very strongly in France, tripling in value between 2000 and 2007. It then fell back by 15% and has not yet regained its 2007 value. Much of the earlier rise can be attributed to appreciation of the euro against the dollar, a factor which affected all Eurozone countries. However France also experienced a rapid rise in house prices as a result of which real property now accounts for two-thirds of household assets. Personal debts are 12% of household assets, which is a relatively low ratio in developed economies.

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