Economy Of Paris
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Economy Of Paris
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. 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. Paris had the fourth largest metropolitan economy in the world in 2011 according to the Brookings Institution and first in Europe. 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, ahead of North Rhine-Westphalia in Germany and Greater London in the United Kingdom. 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 simil ...
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Fortune Global 500
The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by ''Fortune'' magazine. Methodology Until 1989, it listed only non-United States industrial corporations under the title "International 500" while the ''Fortune'' 500 contained and still contains exclusively United States corporations. In 1990, United States companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue. Several inconsistencies exist in ''Fortune'' ranking of cities with the most ''Fortune'' 500 headquarters. On June 3, 2011, the ''Atlanta Business Chronicle'' stated examples of ''Fortune'' including regional headquarters for some cities, excluding regional headquarters for other cities and in some cases excluding headquarte ...
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Luxembourg
Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small landlocked country in Western Europe. It borders Belgium to the west and north, Germany to the east, and France to the south. Its capital and most populous city, Luxembourg, is one of the four institutional seats of the European Union (together with Brussels, Frankfurt, and Strasbourg) and the seat of several EU institutions, notably the Court of Justice of the European Union, the highest judicial authority. Luxembourg's culture, people, and languages are highly intertwined with its French and German neighbors; while Luxembourgish is legally the only national language of the Luxembourgish people, French and German are also used in administrative and judicial matters and all three are considered administrative languages of the cou ...
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Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP (also called the Mean Standard of Living). GDP definitions are maintained by a number of national and international economic organizations. The Org ...
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Paris Metropolitan Area
The Paris metropolitan area (french: aire d'attraction de Paris) is a statistical area that describes the reach of commuter movement to and from Paris, France and its surrounding suburbs. Overview In 2020 France's national INSEE statistical bureau introduced the concept "aire d'attraction d'une ville" ( functional area), replacing the former "aire urbaine" (urban area). A functional area consists of an urban cluster and the surrounding commuting zone. This concept is consistent with the functional urban area as defined by Eurostat. Created and used from 1996 by France's national INSEE statistical bureau to match international demographic standards, the ''aire urbaine'' (literally: 'urban area') was a statistical unit that described the suburban development around centres of urban growth. In 2011, the INSEE reclassified its largest ''aires urbaines'' into ''aires métropolitaines'' (literally: metropolitan areas) and ''grandes aires urbaines'' ('large urban areas'). With t ...
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Economy Of France
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howe ...
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Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP (also called the Mean Standard of Living). GDP definitions are maintained by a number of national and international economic organizations. The Org ...
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Paris Region
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelli ...
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Seine-Saint-Denis
() is a department of France located in the Grand Paris metropolis in the region. In French, it is often referred to colloquially as ' or ' ("ninety-three" or "nine three"), after its official administrative number, 93. Its prefecture is Bobigny. In 2019, it had a population of 1,644,903 across 40 communes.Populations légales 2019: 93 Seine-Saint-Denis
INSEE
In French, the learned but rarely used demonym for the inhabitants of Seine-Saint-Denis is ; more common is .


Geography

The department is surrounded by the departments of ,

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Boulogne-Billancourt
Boulogne-Billancourt (; often colloquially called simply Boulogne, until 1924 Boulogne-sur-Seine, ) is a wealthy and prestigious commune in the Parisian area, located from its centre. It is a subprefecture of the Hauts-de-Seine department and thus the seat of the larger arrondissement of Boulogne-Billancourt. Boulogne-Billancourt includes two large islands in the Seine: Île Saint-Germain and Île Seguin. With a population of 121,334 as of 2018, it is the most populous commune in Hauts-de-Seine and most populous suburb of Paris, as well as one of the most densely populated municipalities in Europe. Boulogne-Billancourt is one of the wealthiest regions in the Parisian area and in France. Formerly an important industrial site, it has successfully reconverted into business services and is now home to major communication companies headquartered in the Val de Seine business district. Etymology The original name of the commune was Boulogne-sur-Seine (meaning "Boulogne upon Seine"). ...
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Issy-les-Moulineaux
Issy-les-Moulineaux () is a commune in the southwestern suburban area of Paris, France, lying on the left bank of the river Seine. Its citizens are called ''Isséens'' in French. It is one of Paris' entrances and is located from Notre-Dame Cathedral, which is considered Kilometre zero of France. On 1 January 2010, Issy-les-Moulineaux became part of the ''Grand Paris Seine Ouest'' agglomeration community, which merged into the Métropole du Grand Paris in January 2016. Issy-les-Moulineaux has successfully moved its economy from an old manufacturing base to high value-added service sectors and is at the heart of the Val de Seine business district, the largest cluster of telecommunication and media businesses in France, hosting the headquarters of most major French TV networks. Name Originally, Issy-les-Moulineaux was simply called Issy. The name Issy comes from Medieval Latin ''Issiacum'' or ''Isciacum'', perhaps meaning "estate of Isicius (or Iccius)", a Gallo-Roman lando ...
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Société Générale
Société Générale S.A. (), colloquially known in English as SocGen (), is a French-based multinational financial services company founded in 1864, registered in downtown Paris and headquartered nearby in La Défense. Société Générale is France's third largest bank by total assets after BNP Paribas and Crédit Agricole. It is also the sixth largest bank in Europe and the world's eighteenth. It is considered a systemically important bank by the Financial Stability Board. From 1966 to 2003 it was known as one of the ''Trois Vieilles'' ("Old Three") major French commercial banks, along with Banque Nationale de Paris (from 2000 BNP Paribas) and Crédit Lyonnais. History 19th Century The bank was founded by a group of industrialists and financiers during the Second Empire on May 4, 1864. Its full name was ''Société Générale pour favoriser le développement du commerce et de l'industrie en France'' ("General Company to Support the Development of Commerce and Industr ...
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