Paris Region is a global region with a population of nearly 12 million people. It accounts for 25% of France’s paid workforce, 29% of GDP and 40% of the country’s research personnel. More than 60% of the people who live here are under the age of 40 – this is a young and steadily growing population attracted by the region’s economic power but also by the quality of life it offers: rural spaces represent 50%, and forests 30%, of the region’s surface area. All of which suggests a region with a long-term vision for its future development.
Paris Region is Europe’s number one business region with a GDP 607,439 billion€ (30% of French GDP). It is a huge market of 11.9 million consumers, connected to the European market and its 500 million consumers.
Located less than 2,000 km from all the European Union countries, Paris is in the heart of the world's biggest market, with 500 million European consumers.
It is also an ideal gateway to Africa and the near and middle east (EMEA headquarters)
Because of its central position in Europe and economic vibrancy, Paris boasts more headquarters than any other European city.
29 of the world's 500 biggest companies, as well as international organisations such as the OECD, International Chamber of Commerce and Industry and UNESCO, have located their main offices here.
Paris is 1st in Europe for the number of Fortune 500 headquarters and 3rd worldwide(Fortune Global 500 - 2015)
Spanning an area of just 106 sq. km, the Parisian ecosystem boasts an unprecedented concentration of economic players, including start-ups, large companies, service providers, media companies and institutions.
The city benefits from world-class infrastructure and can rely on strong political support and tax incentives for innovative companies.
Paris is the Europe’s leading region for Real Estate with 52 million m2 of office space
Paris proper has 16 million square metres of offi ce space, partly located in the central business district (centre and west of the capital), but also in areas that are undergoing massive changes. The local urban development plan provides for an extra 2 million square metres devoted to business in the coming years, including 660,000 m² by 2015.
10% of the paris area undergoing major changes
New emerging districts are providing housing of a high architectural and environmental standard, improved transport services, but also tertiary-sector programs suited to the new needs of enterprises, not forgetting the quality of life (green spaces, facilities, shopping).
The region's 18 universities as well as the 59 engineering and management Grandes Écoles make Paris a benchmark for the education of mathematics, physics, biological sciences, multimedia, and management.
The Paris region has over 635,500 students, including 327,400 within the city limits, and 70,000 foreign studients.
Paris region hosts a working population of 5.6 million people and boasts a highly-skilled labour force.
Almost 59.3 million people visit Paris and its region every year, making it the top tourism destination in the world.
The World Tourism Organization predicts a 50% increase in the number of visitors to Paris over the next 15 years! To address this growth in demand, Paris has introduced a hotel development plan that provides for the construction of 7,000 additional hotel rooms by 2020.
With over 800,000 direct jobs and 400,000 indirect jobs, France’s financial industry plays a central role in the French economy. Finance accounts for over 4% of French GDP, and is the third largest sector by employment in Ile de France (Paris region). Four French banks feature in Europe’s top 10, including two of the top three: BNP Paribas (2nd) and Crédit Agricole (3rd).More major industrial companies are headquartered in Paris than in any other European city. (Paris Europlace)
Paris is a major center for Aerospace, Fashion & Apparel, Cleantech, Financial & Insurance Services, Information Technology, Creative, Marketing & Media, Life Sciences and Transport & Logistics.
Learn about our Focus industries.