In 2022, services contributed the most to France's gross domestic product (GDP), with a share of just over 70 percent. Having an economy based on the services sector is a widely recognized marker of an advanced economy.
What are the attractions in the services sector?
France's economy was about 2.7 trillion U.S. dollars, and its GDP is projected to increase through 2024. The country's services sector relies heavily on the retail and fashion industry, as well as a robust tourist industry: France is the number one tourist location worldwide, with many different types of destinations, including museums, pieces of architecture, beaches, and seaside resorts.
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World Bank. (May 30, 2024). France: Distribution of gross domestic product (GDP) across economic sectors from 2012 to 2022 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/270352/distribution-of-gross-domestic-product-gdp-across-economic-sectors-in-france/
World Bank. "France: Distribution of gross domestic product (GDP) across economic sectors from 2012 to 2022." Chart. May 30, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/270352/distribution-of-gross-domestic-product-gdp-across-economic-sectors-in-france/
World Bank. (2024). France: Distribution of gross domestic product (GDP) across economic sectors from 2012 to 2022. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/270352/distribution-of-gross-domestic-product-gdp-across-economic-sectors-in-france/
World Bank. "France: Distribution of Gross Domestic Product (Gdp) across Economic Sectors from 2012 to 2022." Statista, Statista Inc., 30 May 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/270352/distribution-of-gross-domestic-product-gdp-across-economic-sectors-in-france/
World Bank, France: Distribution of gross domestic product (GDP) across economic sectors from 2012 to 2022 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/270352/distribution-of-gross-domestic-product-gdp-across-economic-sectors-in-france/ (last visited November 10, 2024)
France: Distribution of gross domestic product (GDP) across economic sectors from 2012 to 2022 [Graph], World Bank, May 30, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/270352/distribution-of-gross-domestic-product-gdp-across-economic-sectors-in-france/