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Atradius’ country overviews provide short, concise information on large Western economies´ economic performance and insolvency development and on main emerging markets´ current political and economical situation and outlook.

Insolvency

• Corporate insolvencies will decrease by 5% year-on-year in 2011, to 49,000 cases. The median Expected Default Frequency (EDF) for French listed companies is now lower than in August 2008, i.e. before the credit crisis started.

The economy

• The French economy will grow by a modest 1.6% year-on-year in 2011, as domestic consumption growth will be subdued and external demand will decrease.
   
• The overall business climate improved further in April 2011, with turnover and orders in manufacturing and production continuing to grow in early 2011.

General Information

Capital - Paris
Currency - Euro (EUR)
Population - 64.7 million

Main import sources (2009)

• Germany - 18.3%  
• Belgium - 8.4%
• Italy - 8.1%
• China - 7.7% 
• Spain - 7.6%

Main export markets (2009)

• Germany - 16.0%
• Italy - 8.2% 
• Spain - 7.8%
• Belgium - 7.4%
• UK - 7.1%

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