- The French economy slowly recovers from the 2008 crisis with a +1.3% growth rate in 2015, led by household consumption as well as, to a lesser degree, by a pick-up in investment
- The French trade deficit is persistent. Few high-tech industries such as the aircraft or the aerospace industry were able to perform on international markets along with the cosmetic, agro-food and luxury industries. The French productivity is one of the highest in Europe.
- In terms of R&D expenditures, France’s GERD has kept on growing in nominal terms since 2006. Within the EU28, France ranks second after Germany.
- The GERD to GDP ratio was 2.24% in 2014. France ranks 8th, above the EU28 average (at 2.03% in 2014), with a general increase of R&D intensity since 2007.
- While France has introduced a high number of policy reforms aimed to improve research performance over the last ten years, national levels remains at average stage both in quality and in quantity.
- According to the European Innovation Scoreboard 2016, France is within the group of “strong innovators” in terms of innovation performance.