Economy of France

With a GDP of 1.7 trillion euros (1.7×1012 ; 2005 data), France is the fifth largest economy in the world in USD exchange-rate terms and the seventh largest by purchasing power parity. According to World Bank and IMF figures, it is the third largest in Europe after Germany and the United Kingdom. It has substantial agricultural resources, a large industrial base, and a highly skilled work force. A dynamic services sector accounts for an increasingly large …

…wheat, cereals, sugar beets, potatoes, wine grapes; beef, dairy products; fish Exports - commodities: machinery and transportation equipment, chemicals, iron and steel products; agricultural products, textiles and clothing Imports - commodities: crude oil, machinery and equipment, chemicals; agricultural products Currency: Euro (EUR) since January 1st, 1999 for all financial transactions, Euro banknotes and Euro coins were introduced January 1st, 2002. Previously was the French Franc (FRF), the official exchange rate was fixed at 6.55957 French Francs per Euro.