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France Overview

With 37 sites inscribed in the UNESCO’s World Heritage List, France is the most visited country in the world. Despite the economy being dominated by the services sector – which makes up 78% of GDP – France’s economy is well diversified across all sectors.

France is also ranked among the most innovative countries in the world by the 2020 Bloomberg Innovation Index. The country’s immense investments in research and development make it incredibly attractive global business engagements.

France has a significant presence in international trade markets and is the 5th largest trading nation in the world. Its main trading partners are Germany, USA, Italy, Spain, Belgium and the UK.

Global State of the Market Report

In 2020, the Advisory Board Centre mapped professionals currently serving on Advisory Boards. This assessment identified over 24,000 professionals on Advisory Boards in Europe or 11% of the global Advisory Board market.

France’s Advisory Board Landscape

Research has identified that the Advisory Board sector is emerging, and Advisors exist as a profession in France. As an emerging sector, advisory board professionals may have opportunities in key sectors including – energy, manufacturing, and tourism – and are encouraged to stay open-minded to start-up and emerging industries.

Future Growth Opportunities

There is a growing opportunity for professionals to increase participation in France, by formalising Advisory Board structures and collaborating on a global scale. As this sector grows, it is important to note that best practice credentials will shift the market from informal to formal Advisory Boards over time.

Key Statistics

Population 67.06m Labour Force by occupation
GDP  2.716tn (USD) Agriculture 2.8%
Industry 20%
GDP by sector Services 77.2%
Agriculture 1.7%
Industry 19.5% Global ease of doing business rank 32nd
Services 78.8% Global ease of doing business score 76.8/100
Imports 1.021tn (USD)
Export 959.077bn (USD)

 

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