Headquarters of TotalEnergies, France's largest company, in Courbevoie, in the La Defense business district
The economy of Paris is based largely on services and commerce: of the 390,480 of its enterprises, 80.6 percent are engaged in commerce, transportation, and diverse services, 6.5 percent in construction, and just 3.8 percent in industry.[1] Paris, including both the City of Paris and the Île-de-France region (Paris Region), is the most important center of economic activity in France, accounting for about thirty percent of the French GDP.[2]
Paris had the fifth largest metropolitan economy in the world in 2011 according to the Brookings Institution and second in Europe.[3] The Paris Region is Europe's richest region with a GDP (PPP) at over $1 trillion equivalent to that of the Netherlands or Indonesia and higher than countries like Switzerland, Sweden or Saudi Arabia and United Arab Emirates combined , ahead of North Rhine-Westphalia in Germany but slightly behind Greater London in the United Kingdom.[4][5] It has the highest per capita GDP of any French region and the third highest of any region in the European Union.
The story is similar in the Paris Region, or Île-de-France, as a whole. 76.7 percent of enterprises are engaged in commerce and services, and 3.4 percent in industry. 59.5 percent of employees in the region are engaged in commerce, transport and diverse services, 26.9 percent in public administration, health and social services, 8.2 percent industry, and 5.2 percent in construction.[6]
The top ten French companies listed in the Fortune Global 500 for 2015 all had their headquarters in the Paris Region, nine within the City of Paris and one, TotalEnergies, in the Hauts-de-Seine Department, in the business district of La Defense. The fourth-largest company, Société Générale, has its registered headquarters in Paris and its operational offices in La Defense. Other notable clusters of major companies are located at Issy-les-Moulineaux (media companies); Boulogne-Billancourt, and Saint-Denis.
^"Department of Paris; Complete Dossier" (in French). Institut national de la statistique et des études économiques. Retrieved 25 November 2015.
^"Global Power City Index 2015". Mori Memorial Foundation, Japan. Retrieved 16 April 2016.
^"Global city GDP 2021". Brookings Institution. Archived from the original on 5 June 2013. Retrieved 13 May 2013.
^"Ile-de-France- Portrait of the Region- Key figures (in French)". Regional Council of the Ile-de-France. Retrieved 24 November 2018.
^"Database - Regions - Eurostat".
^"Île-de-France Region - Complete dossier" (in French). Institut national de la statistique et des études économiques. Retrieved 25 November 2015.
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