Consequently,
Good surprise, france benefits surplus:
SElon The Banque de France annual report on the balance of payments. However, the balance of current transactions (exchanges of goods, services and income transfers) displayed in 2024 a surplus of 2.7 billion euros, after two years of large deficits (29.4 billion in 2023, 37.7 billion in 2022).
This recovery results on one side of the reduction in the deficit in the trade in goods. For example, thanks in particular to the drop of 13.3 billion euros from the energy bill. For example, and on the other of the increase in the excess released by the activities of the services. In 2024, it reached 56.5 billion euros, after 39.5 billion in 2023, carried by the surpluses recorded in transport (4.7 billion euros), travel (15.9 billion) but also in business services (up 5.8 good surprise, france benefits surplus billion) and in insurance services (up 6.5 billion). Income exchanges, for their part, released in 2024 an excess of 6.1 billion euros in 2024, after 9.5 billion in 2023.
Improvement of the clear external position of France – Good surprise, france benefits surplus
“After two years marked by net capital entries at historically high levels (balance. at – 85.8 and – 119.8 billion euros in 2022 and 2023), the trend is reversed for wallet investments, with net outings of 51 billion,” notes the report. Investment flows abroad notably reached a record level of 288.9 billion euros, after 170 billion in 2023, long -term debt titles representing the largest share (186 billion).
Finally. the net external position of France, which measures the difference between the overall value of the assets held by French residents abroad and that of the assets held by foreign residents in France, while remaining largely speed ( – 670.4 billion euros, or – 22.9 good surprise, france benefits surplus % of GDP), was still improved by 230 billion euros compared to 2023. To discover The kangaroo of the day
Answer The evolution of the price of assets explains for the most part this evolution. the strong increase in stock prices in the United States having thus led to a revaluation of 143 billion euros of the assets held by French investors, while the decline in the price of assimilable Treasury bonds (OAT) resulting from the increase in interest rates resulted in a drop of 14 billion euros by foreign investors.
“In debt to 113 % of GDP in 2024. French public administrations displayed a clear outdoor position of 1,477 billion euros, with public debt titles held at 55.8 % of GDP by non -residents,” observes the Banque de France.
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