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France Among the Leaders in the European Union's Economy (EU)

09/29/2022

In the European Union, France is one of the alliance's economy leading nations. 

With a land mass measuring approximately 1.5 times that of Japan and a population of approximately 66 million, France boasts a gross domestic product of 2,806.4 billion USD, in comparison to Japan with 4,898.5 billion USD, making its economy the fifth largest in the world following the United States, China, Japan and Germany.
In addition, its gross national per capita income of 43,073 USD is roughly four times the world average and higher than Japan's with 39,947 USD. As with many developed countries, secondary and tertiary industries are the center of its economy, France is the world's largest tourist destination, attracting 83.7 million people every season. 

France also boasts a major agricultural industry. With yields accounting for 19 percent of the entire output of the EU, France is the largest producer in the European Union. Farmland covers 52.5 percent of the nation, the largest in the EU. France ranks seventh in the world in crop production behind China, the United States, India, Brazil, Russia and Indonesia. In the majority agricultural products, France is from the biggest in production volume ranking among the top 10 in the world. French production stands out in the volume of wheat, barley and corn in grain, potatoes and sugar beet in root vegetables, and beef, pork, raw milk and cheese in livestock. In addition, France is active in grape production and is the world's largest producer of wine.

References

https://european-union.europa....

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