1. The essentials through figures (2016)
Official Name: French Republic
Currency: EUR (EUR) where EUR 1 = 4.38GHS (31/12/2016)
Population (million): 66.9
GDP (EUR billion): 2,642
GDP Growth Rate *: 1.2%
Public Debt in GDP %: 96
Inflation Rate: 0.2
Unemployment Rate: 9.9
(*) Prevision 2017: 1.7% (IMF)
2. France Economy at a glance
An extended Market
France is Europe’s 2nd largest market with nearly 70 million consumers, and the 3rd economy of the continent with a GDP over EUR 2,600. Thanks to its location and infrastructures, the country is a major gateway to the European Union, the world’s largest market with 500 million consumers.
A gateway to Europe
The in and out flows of goods are eased through e-administrative procedures, France being at the state-of-the-art is this area.
France also has the largest European road network and the 2nd largest high-speed rail network.
Paris Charles De Gaulle, one of the two international airports of Paris, is Europe’s 2nd busiest airport in terms of cargo and passenger transportation.
A qualified labor force
France is one of the world’s leading country in education investment and is ranked first in the Financial Times’ Master in Management ranking. The Labor productivity is also ranked among the highest one of the globe.
A business friendly environment
With an average of 3.5 days to create a company, it is faster to launch a business in France than in Germany or United-Kingdom. The cost of doing business is also 9.5 % lower than in the United States. These advantages have led France to become the number Western Europe nation in terms of enterprise’s creation, with an average of 13 foreign companies investing in France each week.
The attractiveness of Paris
Among the number one global touristic destinations, Paris is also a leading city for doing business. It is the world’s 3rd most attractive city for investors and Europe’s number one since 2017.
Some key industries
Agriculture and agro-processing, cosmetics, luxury, hotel and tourism, digital industry.
3. Find out more about France
Investing in France – The French Foreign Ministry
The French Foreign Ministry provides an outlook of France’s attractiveness and facts about the French economy.
The Embassy of France in Ghana
The official representation of the French government in Ghana.
The Chamber of Commerce and Industry France Ghana accompanies Ghanaian companies’ expansion to France.
Through its business support service and its international network, the Chamber of Commerce and Industry France Ghana is able to inform and accompany Ghanaian enterprises willing to explore business opportunities in France.
Our services include:
Contact us for additional information.