The Status of French Economy

France is a European country located in the western region of the Old Continent. Known as the third largest European state and also a G8, NATO, OECD, WTO and Francophone member, France is one of the most developed countries of the world. If we are to look at the Gross Domestic Productivity nominal, the country is the 5th largest state on the planet, and, according to its GDP-PPP, it ranks the 8th. The economic development of this country has also helped it rank second in a top of the most developed European states.

The mixed economy of the country, the private and government sectors and their proper developments are the main reasons why the French economy is so successful. The recession that has severely affected the rest of European countries has been better coped with in France, thanks to the well-developed consumer base and also thanks to the smart government spending.

The French industry is doing really well in sectors like ship-building, automobiles, aerospace, the civil and construction sectors, pharmaceutics, the chemical sector, tourism or food processing. The manufacturing of passenger cars is also a highly developed sector here, having helped the country rank 4th in the world. And with so many cars in the street, car accident lawyers are prone to be doing quite well here. If you are interested in learning all about the latest additions to the new Peugeot line, you can find some official presentation videos you can watch online. Before deciding to order such a car, make sure you also check out some user response, so you can know for a fact if your decision is well inspired.

French high school education is also known to be one of the best in Europe. Nevertheless, with a population of about 62 million and around 26 million employees, unemployment seems to be one of the biggest issues the French are currently facing. Even though the country seems to be enjoying quite a strong economy status, the lack of sufficient jobs and the unemployment rate that is close to 10% are current issues the French government needs to carefully cope with.

Folks who are having bulging discs problems might not be able to work in one of the most developed sectors on the French territory, which is agriculture. Currently, the agriculture and fishing sector accounts for about 7 percent of the total employment rate in France. Individuals looking for coconut oil for face should expect to discover just the products they are looking for, as pharmaceutical and cosmetics trading count among the main import/export activities that are currently into the spotlight.

Tourism is another well-developed sector in France, and the Eiffel Tower, the Versailles Palace, the Louvre Museum or l’Arc de Triomphe are just a few of the most popular attentions here that are still attracting millions of Euros on a yearly basis.