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France

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Country summary

Capital

Paris

Borders

Andorra 56.6 km, Belgium 620 km, Germany 451 km, Italy 488 km, Luxembourg 73 km, Monaco 4.4 km, Spain 623 km, Switzerland 573 km

Government type

republic

Population

64,420,073 (July 2010 est.)[1]

Population growth

0.549% (2010 est.)[1]

Life expectancy

80.98 years[1]

Unemployment

9.1% (2009 est.)[1]

Index of Economic Freedom

64[2]

Corruption Perceptions Index

24[3]

Doing Business ranking

31[4]


Although ultimately a victor in World Wars I and II, France suffered extensive losses in its empire, wealth, manpower, and rank as a dominant nation-state. Nevertheless, France today is one of the most modern countries in the world and is a leader among European nations. Since 1958, it has constructed a hybrid presidential-parliamentary governing system resistant to the instabilities experienced in earlier more purely parliamentary administrations. In recent years, its reconciliation and cooperation with Germany have proved central to the economic integration of Europe, including the introduction of a common exchange currency, the euro, in January 1999. At present, France is at the forefront of efforts to develop the EU's military capabilities to supplement progress toward an EU foreign policy.[1]

Economical characteristicsEdit

  • Currency: Euro (ISO code: EUR,)
  • Central bank discount rate: 3% (31 December 2008)[1]
  • Commercial banks lending rate: 8.13% (31 December 2008)[1]
  • is part of the Eurozone
See also: John Law inflation in France
See also: Inflation during the French Revolution


StatisticsEdit

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 1 457 450 1 327 960 1 339 760 1 457 330 1 800 020 2 061 320 2 146 580 2 266 250 2 593 130 2 856 560
Govt. debt (% of GDP)[6] 60.575 60.674 59.746 63.415 68.084 70.457 72.343 68.336 66.565
Govt. revenue (% of GDP)[7] 43.677 42.831 42.972 42.388 41.939 42.085 42.767 42.539 41.787
Govt. expenses (% of GDP)[8] 46.065 44.812 45.013 45.961 46.292 45.841 45.754 45.081 44.397
Debt to revenue (years) 1.387 1.417 1.390 1.496 1.623 1.674 1.692 1.606 1.593

ReferencesEdit

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 CIA - The World Facebook. "France", from The World Facebook. Referenced 2010-09-29.
  2. Heritage Foundation. "France", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  3. Transparency International. "France", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-29.
  4. Doing Business. "France", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  5. World Bank. "France: GDP", from World Bank Data. Referenced 2010-09-29.
  6. World Bank. "France: government debt", from World Bank Data. Referenced 2010-09-29.
  7. World Bank. "France: government revenue", from World Bank Data. Referenced 2010-09-29.
  8. World Bank. "France: government expenses", from World Bank Data. Referenced 2010-09-29.

External linksEdit

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