In 2023, services contributed the most to France's gross domestic product (GDP), with a share of just under 70 percent. Having an economy based on the services sector is a widely recognized marker of an advanced economy. What are the attractions in the services sector? France's economy was about 2.7 trillion U.S. dollars, and its GDP is projected to increase through 2024. The country's services sector relies heavily on the retail and fashion industry, as well as a robust tourist industry: France is the number one tourist location worldwide, with many different types of destinations, including museums, pieces of architecture, beaches, and seaside resorts. France's future France's economic strength is quite steady, as the growth rate of the country's real GDP is continuously positive but incremental. Employment is expected to increase slightly as well, with travel and tourism expected to contribute over 2.8 billion jobs in France.
This statistic shows the gross domestic product (GDP) in France from 1987 to 2024, with a projection up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2024, the GDP in France was around 3.16 trillion U.S. dollars. Economy of France France is an economically developed nation and one of the members of the G7. France is also considered to be one of the leading countries in Europe, often seen as the second most important nation in the European Union behind Germany. France has a relatively high gross domestic product (GDP), being one of the top 10 countries with the largest GDP in the world in 2014. Despite this, the country is still ranked in the top 20 in regards to its public debt compared to its GDP in the same year. A high debt-to-GDP ratio demonstrates a country’s ability to produce and sell goods and services in order to be able to pay back its debts, however producing and selling these goods should not result in more debts. France’s national debt slightly increased year-over-year up until 2014, most notably between 2008 and 2009. Additionally, France reported a large trade deficit in 2012, a value almost 5 times larger compared to the previous year, indicating that the country is importing much more than it is exporting. This often leads to higher debts due to a need to borrow more money to produce goods.
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Industry (including construction), value added (% of GDP) in France was reported at 17.55 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. France - Industry, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
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The Gross Domestic Product (GDP) in France was worth 3162.08 billion US dollars in 2024, according to official data from the World Bank. The GDP value of France represents 2.98 percent of the world economy. This dataset provides the latest reported value for - France GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Since 2008, and despite the beginning of the financial and economic crisis, France’s GDP has increased gradually. In 2023, the GDP of France reached ***** billion euros, compared to ******* billion euros in 2008. However, with the economic crisis caused by the coronavirus pandemic, it had fallen by almost ***** percent by 2020. Member of the European Union and of the G7, France is one of the leading industrialized country worldwide and in Europe. In 2024, the country's GDP amounted to ******* billion euros. A GDP that is expected to increase in the coming years For a few years now, the GDP of France has increased every year. Only 2009 and 2020 marked a decline in GDP compared to the previous year. Studies have shown that the GDP of France is supposed to increase in the years to come. In 2028, the GDP of France is expected to reach ***** billion U.S dollars. Projections of the real GDP of the country have also shows that it is supposed to grow by between *** and **** percent from 2023 to 2028. An economy that is doing better According to World Bank, services contributed to more than ** percent of the GDP of France. France is ranked in the top 20 export countries worldwide, despite a share of the industry sector in the GDP which has declined in the past years. The country has seen its number of exporting companies rising since 2016, with ****** billion U.S dollars worth of goods which were exported from France that year. France had a total business economy annual turnover of *** trillion euros in 2020 and its employment rate has remained steady in the past years.
The tourism sector GDP share in France was forecast to continuously increase between 2023 and 2028 by in total *** percentage points. The share is estimated to amount to **** percent in 2028.Depited is the economic contribution of the tourism sector in relation to the gross domestic product of the country or region at hand.The forecast has been adjusted for the expected impact of COVID-19.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in more than *** countries and regions worldwide. All input data are sourced from international institutions, national statistical offices, and trade associations. All data has been are processed to generate comparable datasets (see supplementary notes under details for more information).Find more key insights for the tourism sector GDP share in countries like Belgium and the Netherlands.
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Key information about France Industrial Production Index Growth
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France: Value added in the services sector as percent of GDP: The latest value from 2024 is 70.4 percent, an increase from 69.66 percent in 2023. In comparison, the world average is 55.77 percent, based on data from 151 countries. Historically, the average for France from 1960 to 2024 is 62.19 percent. The minimum value, 47.76 percent, was reached in 1960 while the maximum of 71.34 percent was recorded in 2022.
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France: Value added by industry as percent of GDP: The latest value from 2024 is 17.55 percent, a decline from 18.47 percent in 2023. In comparison, the world average is 26.35 percent, based on data from 151 countries. Historically, the average for France from 1960 to 2024 is 23.29 percent. The minimum value, 16.09 percent, was reached in 2021 while the maximum of 30.23 percent was recorded in 1961.
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Key information about France Market Capitalization: % of GDP
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GDP: GVA: CL 2020p: MM: EE: Machinery & Equipment nec data was reported at 13.623 EUR bn in 2023. This records an increase from the previous number of 13.055 EUR bn for 2022. GDP: GVA: CL 2020p: MM: EE: Machinery & Equipment nec data is updated yearly, averaging 9.396 EUR bn from Dec 1959 (Median) to 2023, with 65 observations. The data reached an all-time high of 18.101 EUR bn in 2007 and a record low of 3.068 EUR bn in 1959. GDP: GVA: CL 2020p: MM: EE: Machinery & Equipment nec data remains active status in CEIC and is reported by National Institute of Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.A024: ESA 2010: GDP: by Industry: Chain Linked 2020 Prices.
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Graph and download economic data for Sales: Retail Trade: Total Retail Trade: Value for France (SLRTTO02FRQ661N) from Q1 1971 to Q3 2023 about France, retail trade, sales, and retail.
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Market capitalization of listed domestic companies (% of GDP) in France was reported at 209 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. France - Market capitalization of listed companies (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
The statistic shows the distribution of the workforce across economic sectors in France from 2013 to 2023. In 2023, 2.51 percent of the workforce were employed in agriculture, and 78.25 percent in services.
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France Employment: Payroll: AR: Market Tertiary (MT) data was reported at 1,564,252.000 Person in 2023. This records an increase from the previous number of 1,557,630.000 Person for 2022. France Employment: Payroll: AR: Market Tertiary (MT) data is updated yearly, averaging 1,254,239.000 Person from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 1,564,252.000 Person in 2023 and a record low of 896,596.000 Person in 1989. France Employment: Payroll: AR: Market Tertiary (MT) data remains active status in CEIC and is reported by National Institute of Statistics and Economic Studies. The data is categorized under Global Database’s France – Table FR.G017: Employment: Payroll Workers: by Region and Industry: NAF Rev.2: New Methodology.
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GDP: linked series (current LCU) in France was reported at 2921411800000 LCU in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. France - GDP at market prices: linked series (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
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Graph and download economic data for Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for France (PRMNTO01FRA661N) from 1955 to 2023 about France, IP, and manufacturing.
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Stock market capitalization to GDP (%) in France was reported at 209 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. France - Stock market capitalization to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
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Employment in industry (% of total employment) (modeled ILO estimate) in France was reported at 19.25 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. France - Employment in industry (% of total employment) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
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Industry (including construction), value added (annual % growth) in France was reported at 0.66708 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. France - Industry, value added (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
In 2023, services contributed the most to France's gross domestic product (GDP), with a share of just under 70 percent. Having an economy based on the services sector is a widely recognized marker of an advanced economy. What are the attractions in the services sector? France's economy was about 2.7 trillion U.S. dollars, and its GDP is projected to increase through 2024. The country's services sector relies heavily on the retail and fashion industry, as well as a robust tourist industry: France is the number one tourist location worldwide, with many different types of destinations, including museums, pieces of architecture, beaches, and seaside resorts. France's future France's economic strength is quite steady, as the growth rate of the country's real GDP is continuously positive but incremental. Employment is expected to increase slightly as well, with travel and tourism expected to contribute over 2.8 billion jobs in France.