Income and Expenditure: France

Country Briefing

About This Report

Sep 2018

French consumers are expected to witness steady growth in their gross income, as a result of a newly-elected government and its proposed reforms for the labour market and favourable policies for business activities. Declining unemployment and increasing consumer confidence are expected to maintain consumer income and expenditure growth. In addition, an ageing population and changing consumer behaviour will greatly impact the French consumer market in the future.

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Income and Expenditure: France

PROSPECTS

Chart 1 SWOT Analysis: France

GROSS INCOME BY AGE

French aged 65+ to account for the largest share of the top income earners
Chart 2 Case Study on Gross Income by Age: France
Chart 3 Gross Income Distribution in France

SOCIAL CLASS COMPOSITION

Social class D to predominate in France
Chart 4 Overview of France’s Social Classes

HOUSEHOLD INCOME DISTRIBUTION

France’s income distribution is set to improve
Chart 5 Household Income Distribution in France

CONSUMER EXPENDITURE BY CATEGORY

Education to remain the fastest-growing category
Chart 6 Case Study on Consumer Expenditure by Category: France
Chart 7 Consumer Spending in France

CONSUMER EXPENDITURE BY REGION

Island Of France is the largest consumer market in the country with the highest consumer expenditure
Chart 8 France’s Consumer Market by Region

CONSUMER EXPENDITURE BY INCOME

Household goods and services is the most discretionary spending category
Chart 9 Consumer Spending by Income Type in France

CONSUMER EXPENDITURE BY HOUSEHOLD TYPE

Single-person households to witness the fastest expansion in the future
Chart 10 Consumer Spending by Income Type in France

SCENARIO ANALYSIS

Chart 11 Impact of Eurozone Recession on Income-Wealth Distribution in France: 2017-2030
Chart 12 Impact of Eurozone Recession on Middle Income Segment’s Spending by Category: 2017-2030