Discovering France

1. The essentials through figures (2016)

Official Name: French Republic

Language: French

Capital: Paris

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

http://www.diplomatie.gouv.fr/en/french-foreign-policy/economic-diplomacy-foreign-trade/investing-in-france/http-publication-diplomatie-gouv-fr-en-french-foreign-policy-economic-diplomacy-foreign-trade-investing-in-france-article-investing-in-france

The French Foreign Ministry provides an outlook of France’s attractiveness and facts about the French economy.

The Embassy of France in Ghana

https://gh.ambafrance.org/-English-

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:

  • Product to market fit validation, to assess the match between your product and French market requirements
  • Identification of potential business partners, to organize customized BtoB meetings
  •  Site tours for groups, to visit French companies and production sites
  • Marketing assistance during fares or special events, to maximize the impact of your venue in France

 

 

Contact us for additional information.

© 2017 CCI FRANCE GHANA