The economy France's next president will inherit
Amid a global slowdown, France's economy is suffering. Here is a look at what the country's next president will inherit — compared to when President Nicolas Sarkozy came to power on May 16, 2007.
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GDP (AT CURRENT PRICES)
2006: €1.8 trillion
2011: €2 trillion
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GDP GROWTH
2006: 2.5 percent increase
2011: 1.7 percent increase
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UNEMPLOYMENT
May 2007: 8.7 percent
March 2012: 10 percent
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DEBT TO GDP RATIO
2006: 63.7 percent
2011: 85.8 percent
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DEFICIT TO GDP RATIO
2006: 2.3 percent
2011: 5.2 percent
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BUSINESS CLIMATE SURVEY (AVG:100)
May 2007: 113
April 2012: 95
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VALUE OF EXPORTS
2006: €486 billion
2011: €536 billion
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FRENCH 10-YEAR BOND'S SPREAD TO GERMAN BUND:
May 16, 2007: 0.05 percentage point
May 3, 2012: 1.18 percentage point
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FRENCH CAC-40 INDEX v. GERMAN DAX INDEX
CAC: Down 46 percent since May 16, 2007
DAX: Down 11 percent since May 16, 2007
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Sources: Eurostat, Insee, FactSet
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