The drivers of growth in trade in financial services in France

Les moteurs de l’essor des échanges de services financiers de la France

Grégoire Haniquaut

Eco Notepad (in progress) from Banque de France

Abstract: The Paris financial centre is strengthening its position: trade in financial services by financial intermediaries (FIs) reported in the balance of payments has increased significantly between 2019 and 2023 compared with the other main financial centres. This is partly due to Brexit. The financial services surplus exceeded EUR 5 billion in 2022, and seems to have stabilised around this level in 2023.

La place de Paris se renforce : entre 2019 et 2023, les échanges de services financiers des intermédiaires financiers (IF) en balance des paiements progressent nettement vis-à-vis des principales places financières. Le Brexit explique en partie cette performance. Les services financiers dépassent les cinq milliards d’excédent en 2022 et semblent se stabiliser autour de ce niveau en 2023.

Date: 2023-12-26
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.banque-france.fr/en/publications-and-s ... cial-services-france
https://www.banque-france.fr/fr/publications-et-st ... anciers-de-la-france

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bfr:econot:337

Access Statistics for this paper

More papers in Eco Notepad (in progress) from Banque de France Banque de France 31 Rue Croix des Petits Champs LABOLOG - 49-1404 75049 PARIS. Contact information at EDIRC.
Bibliographic data for series maintained by Michael brassart ().