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Country Forecast France Updater Product Image

Country Forecast France Updater

  • Published: March 2014
  • Region: France
  • 17 Pages
  • The Economist Intelligence Unit

The president, François Hollande, will remain in office until 2017, when the next presidential election is scheduled. However, his popularity has collapsed. This will continue to constrain the president, despite his Parti socialiste (PS) and allied deputies holding a comfortable parliamentary majority.

The president's ineffective leadership has contributed to mounting public frustration, particularly concerning rising taxes. Mr Hollande used a New Year address to commit to reining in public spending with a view to lowering the overall tax take. He followed this with a speech in mid-January promising liberalising reforms, chief among them a reduction in labour-related costs.

The main opposition party, the centre-right Union pour un mouvement populaire (UMP), has been in disarray since the defeat of its former leader, Nicolas Sarkozy, by Mr Hollande in 2012. It is therefore not currently in a position to capitalise on the president's travails-in the short term, the main beneficiaries have been parties of the far left and right, notably the far-right Front national (FN). However, voting patterns in recent decades suggest that there is a reasonable probability of the UMP winning the presidency in 2017.

Country Forecast France Updater

Country forecast overview: Highlights

Country forecast overview: Key indicators

Country forecast overview: Business environment rankings

Country forecast overview: France's business environment at a glance
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
Taxes
Financing
The labour market
Infrastructure

Fact sheet

Outlook for 2014-18: Political stability

Outlook for 2014-18: Election watch

Outlook for 2014-18: International relations

Outlook for 2014-18: Policy trends

Outlook for 2014-18: Fiscal policy

Outlook for 2014-18: Monetary policy

Outlook for 2014-18: Economic growth

Outlook for 2014-18: Inflation

Outlook for 2014-18: Exchange rates

Outlook for 2014-18: External sector

Data summary: Global outlook

Data summary: Gross domestic product, current market prices

Data summary: Gross domestic product, at constant prices

Data summary: Gross domestic product by sector of origin

Data summary: Growth and productivity

Data summary: Economic structure, income and market size

Data summary: Fiscal indicators

Data summary: Monetary indicators

Data summary: Employment, wages and prices

Data summary: Current account and terms of trade

Data summary: Foreign direct investment

Data sources and definitions
Global data
Domestic data
Abbreviations

Note: Product cover images may vary from those shown

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