Paris as a capital city is both the political and economic hub of France. The city sits at the heart of the region known as Ile-de-France, the most densely populated area within the country and contributes to the largest part of the nation’s economic productivity. As a headquarters location for many of the largest national and international companies the working population in the region is highly skilled across all business sectors.
Geographically the city benefits from an excellent location in continental Europe positioned midway between northern and southern Europe. Paris is within a 2 hour flight of most major European cities.
The Paris Region, which is only 2.8% of the country’s landmass, is home to nearly 12 million inhabitants, which represents 19% of the population in France. Representing 2.4% of the overall population of Europe, it is the most populated urban area in the continent.
A younger and better educated population than the national average too, with 55% of the population being less than 40 years of age and 46% of the active population that holds a university degree. There are 155 000 people in R&D and nearly 650 000 students following a university education in the region (40% of the French population in R&D is located in the Paris Region).
Source : EY