Financial Services Activities output in France in 2023 stood at 123.65 billion Euros, reflecting a year-on-year increase of 0.7% and a 5-year CAGR of 1.29%. From 2013 to 2023, the sector exhibited fluctuating yearly growth, with an overall decline in growth rates post-2015. Following a peak in 2015, a trough was observed in 2018 and early 2020s, preceding a steady recovery from 2021 onwards. The forecast indicates modest growth with the output reaching 127.85 billion Euros by 2028, reflecting a 5-year CAGR of 0.53% and a 5-year forecasted growth rate of 2.68%.
Future trends to watch for include:
- Technological advancements impacting service delivery and operational efficiencies.
- Regulatory changes influencing market dynamics and competitiveness.
- Economic factors such as interest rates and inflation impacting investment activities and consumer behavior.
- Sustainability trends driving new financial products and services.