Paris in France

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PARIS HIGHLIGHTS

Paris is the fifth largest metropolitan economy in the world in terms of GDP (USD744 billion in 2016); however, its GDP per capita (USD63,100) lags behind major cities such as Geneva, Zurich and New York. The city features a strong business services sector with high value-added jobs. In 2016, Paris's labour productivity exceeded the rest of the country's average by 68%.

Highly qualified workforce, higher employment rate and economic efficiency boost incomes

The city's highly qualified workforce (39% of the city's population aged 15+ has a higher educational qualification, compared to 25% elsewhere in France), higher employment rate and economic efficiency help raise incomes. In 2016, Paris's average household disposable income was 28% higher than that in the rest of the country.

High tourist spending stimulates consumer market

Due to higher incomes, consumer expenditure per household (excluding transport and housing) was 8.5% higher in Paris than in the remaining parts of the country in 2016. The city's consumer market is stimulated by high tourist spending, as Paris is one of the most popular international tourist destinations in the world.

Combined transport and housing expenditure is 15% higher than the rest of the country

Housing is quite expensive in Paris, while public transport is an extremely popular mode of transport. As such, the city's households spent on average only 15% more on transport and housing combined than the rest of France in 2016.

The Paris in France market research report includes:

• Major Paris cities scorecard
• Detailed ranking of cities in terms of future growth, wealth, labour and other key consumer and economic indicators
• Historic data on population, consumer expenditure, digital consumer and other indicators
• Five-year forecasts of trends and city growth

The Paris in France in Paris report answers: 

• How does a specific city fair in terms of consumer market attractiveness compared to a country/region?
• Which cities will be the fastest growing in Paris?
• What is the consumer market potential in specific cities?
• Which cities in Paris have the largest number of wealthy consumers?
• How does the city affordability differ across country and region?
• How does labour productivity differ across cities?
• What is the household profile in different cities?