France PESTLE Insights - A Macroeconomic Outlook Report

France PESTLE Insights - A Macroeconomic Outlook Report
Summary

According to GlobalData estimates, financial intermediation, real estate and business activities contributed 29.8% towards GVA, followed by wholesale, retail and hotels activities (14.9%), and mining, manufacturing and utilities (14.0%) in 2022. The three sectors are forecast to grow by 4.1%, 4.2%, and 4.8%, respectively, in 2023.

Four major regions of France generated around 57% of the country’s GDP in 2021 and were home to 48.1% of the country’s population in 2022, according to Eurostat

Key Highlights

The CAC Index exhibited an upward trend over past year. As of June 26, 2023, the Index stood at 7,180.3, compared to 6,073.4 on June 26, 2022.

ScopeIn February 2023, France announced a plan to invest EUR100 billion ($105.4 billion) to extend and upgrade rail transport by 2040.Reasons to BuyMacroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operationsAlong with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.