The Banque de France predicts strong growth for the rest 2018

France growth rate for Gross Domestic Product

Just a few weeks ago, the Banque de France (the French Central Bank) has published its prediction for the last two quarters of 2018. Overall, the results seem incredibly positive: economic growth should reach between 1.6% and 1.8% per year in 2018, 2019 and 2020.

Employment in France is also on the rise: it could be down to 8% by 2020, which would be the lowest it’s been since 2008!
Not to mention, Companies are investing more and more, with the growth of investment expected to reach 3.6% every year.

These results are incredibly positive, especially if you consider the current uncertain worldwide diplomatic landscape. Indeed, according to the Banque de France, there are certainly uncertainties surrounding the US President Donald Trump’s foreign policy, as well as the evolution of the price of oil. However, the policies of France and its neighbors, as well as their relationships are solid enough for France to keep a steady economic growth.

Overall, the economic future of France looks bright! Between the rise of investment, the lowering of the unemployment rate, and the way the government keeps on promoting entrepreneurship with its policies, it looks like now’s the perfect time for company formation in France!