France Economy

French Economy, France/ French Economic Profile, Economy of France

France Economy-key Indicators France and Britain vie for the 4th rank in world's largest economy category. However, Gross National income of France Economy was $1523025 (2003) fell short of UK'S income and hence was placed at 5th position in 2003.
The GNI per capita was $ 24770 in 2003. In terms of purchasing power parity, Per capita GNI in 2003 was US $ 27460, placing France Economy at a lower rank among the other OECD countries. Average annual growth rate of GDP was 0.1% during 2003. GDP of French Economy as in the year 2006 has reached at 2.2 Trillions in current US $ with an annual percentage growth rate of 2.0. Growth rate of GDP has declined to 1.2 % in 2005 from 4 % in 2000.

population with 60.424 million people residing there in mid 2004. According to data obtained from World Bank Indicators, national growth rate in France during 1997-2003 was 0.4% slightly less than that of high-income countries' group as a whole. France is moderately populated with 111 persons living per sq km in 2004. Almost half of the population lives in Paris, Lyon, Marseille/ Aix-en-Provence, and Lille. 76% of the people live in urban areas and enjoy a longer life (life expectancy at birth in France is 79 years, third highest among all countries of the world,) according to (1997-2003) World Bank figures. The UNDP 2004 report shows that 8 % of France's population lives below income poverty line (50% of median household income). Gross primary enrollment, which denotes the percent of school-age population, is 105, with 106 for male and 104 for female population.Adult Literacy rate is the same as other high-income countries, 99 %. France is ranked 16th in 177 countries of the world in terms of human development index.