IMD World Competitiveness Booklet 2023

France Competitiveness Trends – Overall

OVERALL PERFORMANCE (64 countries)

BASIC FACTS

Rank

2019

2020

2021

2022

2023

Capital Land area (square km '000)

Paris

549 2022

28

29

0,950 2022

Exchange rate (per $)

31

32

Population - market size (millions) 67,84 2022 11 Gross Domestic Product (GDP) (US$ billions) 2.782,9 2022 07 GDP (PPP) per capita (US$) 54.366 2022 24 Real GDP growth (%) 2,6 2022 44 Consumer price inflation (%) 5,90 2022 17 Unemployment rate (%) 7,30 2022 51 Labor force (millions) 30,58 2022 13 Current account balance (% of GDP) -1,71 2022 37 Direct investment stocks inward ($bn) 978,0 2021 12 Direct investment flows inward (% of GDP) 2,99 2021 28

33

CHALLENGES IN 2023

• Maintain support for innovation in strategic sectors. • Support businesses and households faced with rising prices. • Train the talent needed for the economy of today and tomorrow. • Continue with the re-industrialization of the economy. • Assist businesses in their ecological transition.

PROVIDED BY: Business France, Paris

COMPETITIVENESS LANDSCAPE

Economic Performance Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices Attitudes & Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health & Environment Education

8

15 15 14

20

21

21

24

27

27 27 22

29

32

37

45

58 57

62

64

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)

POPULATIONS > 20 MILLION (27 countries)

2019

2020

2021

2022

2023

2019

2020

2021

2022

2023

18

19

20

10

21

22

11

12

12

13

74 Competitiveness Country Profiles