Wednesday, May 22, 2013

How the French economy compares to Germany's, UK's

PARIS (AP) ? Here's how the struggling French economy stacks up compared to Germany's and Britain's.

GROSS DOMESTIC PRODUCT (2012)

France: 2 trillion euros ($2.7 trillion)

Germany: 2.6 trillion euros ($3.3 trillion)

Britain: 1.9 trillion euros ($2.4 trillion)

MANUFACTURING AS A PERCENT OF GDP (2009)

France: 10.7 percent

Germany: 19.3 percent

Britain: 11.0 percent

GROWTH RATE (2012)

France: 0.0 percent

Germany: 0.7 percent

Britain: 0.3 percent

UNEMPLOYMENT RATE

France: 11 percent (March)

Germany: 5.4 percent (March)

Britain: 7.7 percent (February)

TOP CORPORATE INCOME TAX RATE (2012)

France: 36.1 percent

Germany: 29.8 percent

Britain: 24.0 percent

TOP PERSONAL INCOME TAX RATE (2012)

France: 46.8 percent

Germany: 47.5 percent

Britain: 50.0 percent

AVERAGE HOURLY LABOR COSTS (2012)

France: 34.20 euros ($44.01), of which 33.6 percent is taxes

Germany: 30.40 euros ($39.12), of which 21.9 percent is taxes

Britain: 21.60 euros ($27.80), of which 15.1 percent is taxes

AVERAGE RETIREMENT AGE (MEN, 2011)

France: 59.1

Germany: 61.9

Britain: 63.6

AVERAGE ANNUAL WAGES (2011)

France: 34,284 euros ($47,704)

Germany: 33,766 euros ( $46,984)

Britain: 36, 197 euros ($50,366)

AVERAGE WORKWEEK (FULL-TIME WORKERS, 2012)

France: 41.1 hours

Germany: 41.9 hours

Britain: 42.8 hours

STOCK INDEX OVER PAST 10 YEARS

France's CAC-40: +37 percent

Germany's DAX: +197 percent

Britain's FTSE 100: +68 percent

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Sources: Eurostat, World Bank, OECD, FactSet

Source: http://news.yahoo.com/french-economy-compares-germanys-uks-092540115.html

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