France in the World Economy. General characteristics of economy France’s leading corporations Industry France's Agriculture External Trade.

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Presentation transcript:

France in the World Economy

General characteristics of economy France’s leading corporations Industry France's Agriculture External Trade

Nominal GDP (2012): $2.886 trillion USD (5 th ) GDP per capita (Nominal) : $41,141 (2012) (5th) GDP by sector: agriculture (1.9%), industry (18.3%), services (79.8%)

Main industries: machinery, chemicals, automobiles, metallurgy, aircraft, electronics; textiles, food processing; tourism

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.second-largest economyGermany OECD is headquartered in Paris, the nation's financial capital.OECD

Total population (2014) mln Unemployment(December 2013) -10.5% Labour force million (2012 ) Labour force by occupation: services (71.8%) industry (24.3%) agriculture (3.8%)

France's world leading corporations With 31 of the 500 biggest companies of the world in 2013, France ranks 5th in the Fortune Global 500, behind the USA, China, Japan and the UK. 500 biggest companies of the worldFortune Global 500

Paris is the second most important location in the world for the headquarters of the world's 500 largest companies

Leading companies in France AXA L’Oreal Air- France LVMH Michelin Areva Danone

Industry The leading industrial sectors in France: telecommunications (including communication satellites), aerospace and defense, ship building (naval and specialist ships), pharmaceuticals, construction and civil engineering, chemicals, textiles, and automobile production.

Energy France is the world-leading country in nuclear energy, home of global energy giants Areva, EDF and GDF Suez: nuclear power now accounts for about 78% of the country's electricity production, up from only 8% in 1973, 24% in 1980, and 75% in 1990.ArevaEDFGDF Sueznuclear power

In 2006 electricity generated in France amounted to TWh, of which: [TWh [ TWh (78.1%) were produced by nuclear power generationnuclear 60.9 TWh (11.1%) were produced by hydroelectric power generation 52.4 TWh (9.5%) were produced by fossil-fuel power generation – 21.6 TWh (3.9%) by coal power – 20.9 TWh (3.8%) by natural-gas power – 9.9 TWh (1.8%) by other fossil fuel generation (fuel oil and gases by- products of industry such as blast furnace gases)blast furnace gases 6.9 TWh (1.3%) were produced by other types of power generation (essentially waste-to-energy and wind turbines)waste-to-energywind turbines – The electricity produced by wind turbines increased from TWh in 2004, to TWh in 2005, and 2.15 TWh in 2006, but this still accounts only for 0.4% of the total production of electricity (as of 2006).

France's agriculture France is the world's sixth-largest agricultural producer and EU's leading agricultural power, accounting for about one-third of all agricultural land within the EU.

Northern France is characterized by large wheat farms. Dairy products, pork, poultry, and apple production are concentrated in the western region. Beef production is located in central France, while the production of fruits, vegetables, and wine ranges from central to southern France.