France Economy - 1986

GEOGRAPHICAL NAMES 

GDP: $ 190 billion (1984) $8,890 per capita, 64% private consumption, 19% investment (including government) 17% government

consumption; 1984 real growth rate, 1.6%; average annual growth rate (1975-84), 2.1%

Natural resources, coal, iron ore, bauxite, fish, forests

Agriculture: Western Europe’s foremost producer; main products—beef, dairy products, cereals, sugar beets, potatoes, wine grapes; self-sufficient for most temperate zone foodstuffs; agricultural shortages—fats and oils, tropical produce

Fishing: catch 784,000 metric tons (1983); exports (includes shellfish, etc.) $297 million, imports $967 million (1984)

Major industries: steel, machinery and equipment, textiles and clothing, chemicals, automobiles, food processing, metallurgy, aircraft, electronics

Shortages: crude oil, natural gas, textile fibers, most nonferrous ores, coking coal, fats and oils

Crude steel 19 million metric tons produced (1984), 347 kg per capita

Electric power: 87,246,000 kW capacity (1985); 332.016 billion kWh produced (1985), 6,026 kWh per capita

Exports: $93.2 billion (f.o.b., 1984); principal items—machinery and transportation equipment, chemicals, foodstuffs, agricultural products, iron and steel products, textiles and clothing

Imports $103.6 billion (c.i.f., 1984); principal items—crude petroleum, machinery and equipment agricultural products, chemicals, iron and steel products

Major trade partners: (1984) imports— 50.4% EC, 14.6% petroleum exporting countries, 10.3% other West European countries, 7.7% US, 2.6% Japan, 2.5% USSR, 2.5% other Communist countries; exports—48.9% EC, 13.5% petroleum exporting countries, 11.3% other West European countries, 8 1% US, 2.1% USSR, 2% other Communist countries, 1.1% Japan

Aid: donor—ODA and OOF economic aid commitments (1970-83), $33.2 billion

Budget: (proposed for 1986) expenditures, 1,030 billion francs; revenues, 889 billion francs; deficit, 141 billion francs

Monetary conversion rate: 7.67 French francs=US$l (17 December 1985)

Fiscal year: calendar year

NOTE: The information regarding France on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of France 1986 information contained here. All suggestions for corrections of any errors about France 1986 should be addressed to the CIA or the source cited on each page.