The country had the seventh largest economy in the world, with services being the main contributor to the country’s economy. France was also a global leader in the automotive, aerospace and railway sectors as well as in cosmetics and luxury goods. In 2018, the level of GDP growth stood at 3.8%.
GDP Deflator rates in the country has fluctuated widely over the past 18 years, largely following the rises and falls of GDP and IPI. In 2018 the country’s inflation rate stood at 2.04%.
Within the 2018-2023 timeframe, gasworld business intelligence predict growth from 3.6% p.a. in a low scenario to 4.4% p.a. in a high scenario. Accordingly, the industry in France is expected to achieve revenues of between $3.06bn to $3.18bn by 2023.
Report Data: 2018
For a sample of this report, please contact email@example.com
Despite its economic power, fears persist over the continuing debt crisis in the Eurozone and, in some quarters, France is a concern in terms of weighing on the wider region’s recovery. Following lower-than-expected GDP in first quarter 2014, the question has even been raised, is France entering a renewed downturn?
Month on month, the gasworld website is the market-leading news portal for the global industrial gas sector, growing at an unprecedented rate and keeping its readers at the forefront of breaking news, insightful analysis and must-see features across the industry. Launched in 2004 and continually evolving, it is the only independent online news, views and intelligence portal for the global industrial gas community and the larger end-user markets – and home to the ever-increasing range of gasworld platforms.
To find out more about gasworld's advertising opportunities click here.