Services Sector Contribution to GDP in France (1990-2022)

Services Sector Contribution to GDP in France (1990-2022)

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TGM StatBox. (2024). Services Sector Contribution to GDP in France (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: France
Published date: 2024
Note: Services (% of GDP), according to World Development Indicators, measures the contribution of the services sector (such as retail, finance, healthcare, and tourism) to a country's GDP.
Key Takeaways
France's services sector has been a dominant force, growing from 62% in 1990 to over 70% in 2022. The 1990s marked a period of strong growth, with services increasing due to France's economic shift towards finance, public administration, and professional services. The sector reached 70.8% in 2009 during the global financial crisis, as services proved resilient compared to manufacturing. In the following decade, services maintained a stable contribution around 70%, peaking slightly during the COVID-19 pandemic in 2020 at 70.9%, as shifts to remote work and digital services reinforced the sector’s role. This sustained growth underscores France's reliance on a diverse services sector as a core pillar of economic stability.

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