What is the french economy based on?

Question

what is the GNP? unemployment rate? when and how do people retire?

Answer 1

I could getsome info from the net. Also u may visit https://www.cia.gov/library/publications...

Currency 1 euro = 100 eurocent

Fiscal year Calendar year

Trade organisations EU, WTO and OECD

Statistics

GDP (PPP) $1.871 trillion (2006) (6th)

GDP growth 2% (2006)

GDP per capita $30,100 (2006)

GDP by sector agriculture (2.7%), industry (24.4%), services (72.9%) (2004)

Inflation (CPI) 1.5% (2006) [2]

Population

below poverty line 6.2% (2004)

Labour force 27.88 million (2006)

Labour force

by occupation services (71.5%), industry (24.4%), agriculture (4.1%) (1999)

Unemployment 8.7% (2006)

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

External

Exports $490 billion (2006) [3]

Export goods machinery and transportation equipment, aircraft, plastics, chemicals, pharmaceutical products, iron and steel, beverages

Main export partners Germany 14.7%, Spain 9.6%, Italy 8.7%, United Kingdom 8.3%, United States 7.2%, Belgium 7.1% (2005)

Imports $529.1 billion (2006) [4]

Import goods machinery and equipment, vehicles, crude oil, aircraft, plastics, chemicals

Main import partners Germany 18.9%, Belgium 10.7%, Italy 8.2%, Spain 7%, Netherlands 6.5%, United Kingdom 5.9%, United States 5.1% (2005)

Public finances

Public debt $1.210 trillion (64.7% of the GDP) (2006)

Revenues $1.150 trillion (2006)

Expenses $1.211 trillion (2006)

France has one of the largest economies in the world. However, due to differing analyses and forms of measurement used, there has been some disagreement as to just how big it actually is, particularly when comparisons to the economies of other countries are made. International Monetary Fund data rank the French economy eighth largest by purchasing power parity (PPP) in 2007 at US$2,046,899 million. The World Bank, in 2008, estimated France's GDP in 2006 to be US$1,959,745 million, or seventh largest in the world by PPP. Rankings published by the CIA World Factbook in 2008 determine France's GDP, at $2.067 trillion, to be the eighth largest, again by PPP.

The government imposes an hourly minimum wage (SMIC) of €8.27 (updated every July 1).

Unemployment has always been a concern of the French government since the end of the 1970s, although following to liberal economists some decisions were counterproductive (working hours reduction, discouraging of the 60-years-older workers) (economic malthusianism). However, a few economists think the unemployment will drop by itself when the baby boom generation retire.during 2009-20.