In 2017, a total of 591,000 businesses were created in France, 7% more than in 2016, and a new high since 2010, according to data published last week by the French National Institute of Statistics and Economic Studies (INSEE).
Other highlights from the INSEE report include:
- Registrations of micro-enterprises, which were up 9%, accounting for 41% of all new businesses, compared with 55% in 2009, the year when this new status was introduced.
- Registrations of ‘standard’ businesses (excluding micro-entrepreneurs) increased by 6% and reached their highest level since 1987, the year when INSEE began recording figures on enterprise creation.
- The top three sectors in France for enterprise creation were professional, scientific and technical occupations (17.5% of new businesses), wholesale/retail (16.7%) and construction (10.3%).
If you’d like to find out more, click here to read the overview (in French) written by Business France summarizing the main elements of the report.