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Does France have a higher standard of living than the US?

Does France have a higher standard of living than the US?

France ranks above the average in income and wealth, housing, health status, civic engagement, social connections, work-life balance and personal security. In France, the average household net-adjusted disposable income per capita is USD 31 304 a year, lower than the OECD average of USD 33 604 a year.

What is France ranked in quality of life?

Quality of Life Index by Country 2021 Mid-Year

Rank Country Quality of Life Index
26 France 153.60
27 Qatar 151.48
28 Ireland 150.54
29 Belgium 148.18

How strong is France in the world?

France possesses the world’s sixth largest economy, but while it is relatively strong, finances at home are tough. With the second largest armed forces in the European Union, France ranks among the world’s top five most powerful militaries, behind only the United States, Russia, China and India.

Is France highly developed country?

The economy of France is highly developed and market-oriented. It is the world’s seventh-largest economy by 2020 nominal figures and the ninth-largest economy by PPP, constituting 3.3\% of world GDP.. It was the fifth-largest trading nation in the world (and second in Europe after Germany).

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What are France’s weaknesses?

WEAKNESSES

  • Insufficient number of exporting companies, loss of competitiveness and market share.
  • Weakening of the product range, insufficient innovation efforts.
  • Low employment rate of young people and senior citizens.
  • Room for improving the efficiency of public spending.
  • High public debt.
  • Growing private debt.

How expensive is France compared to the US?

Definitions

STAT France United States
Real estate prices > Rent index 38.49 Ranked 28th. 3\% more than United States 37.45 Ranked 30th.
Real estate prices > Rent per month > 3 bedroom apartment > City centre $1,753.69 Ranked 35th. 4\% more than United States $1,685.98 Ranked 36th.