The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

France  
Rank: 10 · Score: 81.5  

Basic facts        
Population (millions) 67.9   IPOs and pulic issues (quartile) Top
GDP (US$ billions) 2,777.6   M&A volume (quartile) Top
GDP per capita (US$) 40,885.1   Venture capital investments (quartile) Top
GDP growth (per cent) 0.7   Private equity investments (quartile) Top
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VC/PE Country Attractiveness Index 10 111, 114, 114, 115, 115 81.5
1 Economic Activity 19 102, 89, 115, 110, 106 85.1
2 Depth of Capital Market 11 113, 113, 113, 113, 114 77.6
3 Taxation 62 16, 30, 47, 53, 63 91.0
4 Investor Protection and Corporate Governance 27 103, 100, 99, 98, 98 86.1
5 Human and Social Environment 4 120, 121, 121, 121, 121 70.3
6 Entrepreneurial Opportunities 10 112, 112, 113, 114, 115 87.1


 
Historic performance, 2019-2023   Key driver performance, 2023
 

   
VC/PE Rank  
VC Rank  
PE Rank
France  
Western Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Environment
Entrepreneurial
Opportunites
United Kingdom 89.6 87.6 91.6 99.4 72.3 91.0
Germany 90.8 81.2 71.6 89.3 74.1 92.2
France 85.1 77.6 91.0 86.1 70.3 87.1
Netherlands 85.5 73.4 89.0 88.3 62.8 87.5
Norway 84.0 78.2 101.9 101.1 50.9 81.3
Denmark 79.1 67.9 98.9 102.0 60.4 86.7
Switzerland 83.4 68.0 108.9 75.3 65.1 85.3
Last updated: 4 Nov 2023