France's Economy
Title: France's Economy
Category: /Literature/English
Details: Words: 616 | Pages: 2 (approximately 235 words/page)
France's Economy
Category: /Literature/English
Details: Words: 616 | Pages: 2 (approximately 235 words/page)
France is one of the four West European trillion-dollar economies and is the worlds number four economic powers in terms of GDP. France matches a growing services sector with a diversified industrial base and substantial agricultural resources. Industry generates one-quarter of GDP and more than 80% of export earnings and because of this France has generated a budget surplus of $20.9 billions based on 1995 data. (http://www.theodora.com/wfb/france_economy.html). The government retains considerable
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http://www.theodora.com/wfb/france_economy.html). France's GDP purchasing power parity is $1.32 trillion (1998 est.), a real GDP growth of 3%, and a purchasing power parity of $22,600. France's GDP consists of 2.4% in agriculture, 28.4% industry and 69.2% services as of 1997. France continues to be a welfare state where 45% of the nations GNP are taxes and government expenditures. France spends more on healthcare then any other European country. (http://www.photius.com/wfb/wfb1999/france/france_economy.html).
