Economy of France

France is classified as a very rich country, GDP per capita in 1999 was 22 380 dollars. 
The economic set of circumstances is most favorable for the country over the past 10 years: increased domestic demand and export orders: French industry is working at 87% of its industrial capacity.  


Continued low inflation makes French products more competitive and contributes to the growth of domestic purchasing power. The unemployment rate fell (but still higher than the European average), but also a regulator for the maintenance of domestic consumption. In 2000, for the entire period of time was created 500 000 jobs. Consumption has reached over 5 000 billion francs (55% of the gross domestic product), and the lack of gasoline (with higher prices), which led to a decline in purchasing power will gradually dissipate. 

The high level of productivity, the central position of France in western Europe and its effective communication system attracts foreign investors. All of these successful results facilitates management of the economy, in 2004, the Minister of Finance seeks to "zero-deficit budget, which has not happened in France over the last twenty years. 

The French economy has some features in comparison with neighboring countries: the amount deducted from the proceeds of over 50% of the gross domestic product. This is certainly the highest figure among the seven major industrial countries (France, USA, Japan, Germany, Italy, Britain, Canada). These important findings go hand in hand with social problems, even if the government tries to reduce social benefits, at the same time, the administrative regime of social benefits registers another deficit. 25% of the French labor force works in the field of management (as compared to 13% in other countries in patient G). 

Some raise the salaries were limited after price increases on gasoline, the average monthly wage increased by 1.9% per year, while lowering the income tax should increase the income of the household. It is the household in this case will receive the greatest profit. After 3 years of income taxes reduced by almost 50 billion francs at 28.7 billion in 2001 and 12 billion francs in 2002. The reduction will lead to increased costs. Was also suspended a tax on the road, which represents losses to the state in 12 billion francs. 

35-hour week came into effect for companies with twenty employees from 1 January 2002, large companies were obliged to comply with the 35-hour law in 2000.