The Greater Paris Region is also the no. The Gross Domestic Product (GDP) in France was worth 2890 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The economy of France is highly developed and free-market-oriented. GDP Ranked by Country 2020. Euro zone economies will contract by 7.5% in 2020, with hard-hit Italy seeing its GDP fall 9.1% and contractions of 8.0% in Spain, 7.0% in Germany and 7.2% in France, the Fund said. The GDP value of France represents 2.39 percent of the world economy. In PPP, biggest economy China shares almost one-fifth of world and lowest ranked Tuvalu … The Gross Domestic Product (GDP) in France was worth 2890 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. It is the 2nd largest economy in the European Union after Germany.. France has a diversified economy. The European Union’s statistics office Eurostat said gross domestic product in the 19 countries sharing the euro rose 0.1% quarter-on-quarter for a 1.0% year-on-year gain. World GDP. Parrotheads in Paris will once again get their chance to don a grass skirt, extravagant Hawaiian shirts and flamboyant headwear to party with Jimmy Buffett in 2020, as Jimmy returns to the City Of Light from two 2019 sold-out performances. Accessed June 2, 2020. Percent Change From Preceding Period in Real Gross Domestic Product,” Accessed June 2, 2020. With a GDP of €649 billion, it accounted for 30% of the wealth generated in France in 2014 and its weighting in the overall French economy has increased in recent years. Paris's 2020 population is now estimated at 11,017,230.In 1950, the population of Paris was 6,283,018. National Bureau of Economic Research. "Advance Monthly Sales for Retail and Food Services." Total World GDP: $91.98 Tn. It is the world's 7th largest economy by 2019 nominal figures and the 10th largest economy by PPP figures. The country’s economic managers have projected gross domestic product (GDP) to contract year-on-year during all four quarters of 2020 to bring full-year contraction to 2-3.4 percent. The coronavirus lockdown has caused France’s economy to shrink 6 percent in the first quarter of 2020, its worst performance since 1945, according to Bank of France estimates Wednesday. The economy of Paris is based largely on services and commerce: of the 390,480 of its enterprises, 80.6 percent are engaged in commerce, transportation, and diverse services, 6.5 percent in construction, and just 3.8 percent in industry. The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. Paris has grown by 283,728 since 2015, which represents a 0.52% annual change. Accessed June 10, 2020. Paris is both the political and economic capital of France.

U.S. Census Bureau. As a result of the pandemic, the global economy is projected to contract sharply by –3 percent in 2020, much worse than during the 2008–09 financial crisis. Bureau of Labor Statistics. GDP helps to provide a snapshot of a country’s economy and can be calculated using expenditures, production, or incomes. 1 economy in Europe and accounts for around 5% of European GDP. Morgan Stanley on Monday said the euro-area economy will probably suffer a technical recession in the first half of the year, and it cut its 2020 growth prediction to just 0.4% from 0.9%. OECD ECONOMIC OUTLOOK Report june 2020 Extract of the report 10 june 2020 The spread of Covid-19 has shaken people’s lives around the globe in an extraordinary way, threatening health, disrupting economic activity, and hurting wellbeing and jobs. "Determination of the February 2020 Peak in US Economic Activity."

The GDP value of France represents 2.39 percent of the world economy. Gross Domestic Product (GDP) is the monetary market value of all final goods and services made within a country during a specific period.

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