France analysis

1. France Analysis
-Ribhu Vashishtha

2. Facts
• Population: 65 million
• Capital: Paris
• Area: 674,843 square kilometre
• Major language: French
• Major religions: Roman Catholic, Islam

4. • Major cities: Marseille, Lyon,
Toulouse, Strasbourg, Nice,
Rennes, Lille, Bordeaux
• Terrain: Varied
• Climate: Temperate

5. Population Structure
• Total is 65 million
• Workforce(28.3 million) Structure
 Services-78.9%
 Industry and construction-19%
 Agriculture-2.1%
• Annual population growth rate: 0.5%
• Infant mortality rate- 3.7/1000

7. Economic Trends

8. GDP • GDP: $2.774 trillion
• Average annual growth rate: 1.0%
• Agriculture: Products--grains (wheat, barley, corn); wines and spirits; dairy
products; sugar beets; oilseeds; meat and poultry; fruits and vegetables
• Industry: Types--aircraft, electronics, transportation, textiles, clothing, food
processing, chemicals, machinery, steel
• Services: Types--Services to companies and individuals, financial and real
estate activities, tourism and transportation

9. Inflation Rate
• 2.348% in January, 2012
• Main driver of inflation in France is
domestic demand increasing w.r.t. supply

10. Unemployment Rate
• 9.4%
• Rising
• Weak public and private sector hiring

11. Exchange Rate
• 1 Euro = 1.3233 U.S. dollars

14. Major Importing Partners
• Germany (17.9%)
• Belgium (11.7%)
• Italy (8.3%)
• Spain (6.9%)
• Netherlands (6.8%)
• UK (5.1%)
• US (4.3%).

15. Composition of Imports

16. Major Exporting Partners
• Germany (14.3%)
• Italy (8.7%)
• Spain (8.3%)
• UK (7.8%)
• Belgium (7.6%)
• US (5.8%)
• Netherlands (4.2%)

17. Composition of Exports

18. Future
• GDP is on a decline.
• Unemployment rate is increasing y-o-y.
• Deficit in BOP increasing.
• Euro is becoming weaker.
• Political conditions are stable.
• Planning to cut deficit to 2% by 2014.