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The drivers of growth in trade in financial services in France
[Les moteurs de l’essor des échanges de services financiers de la France]

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  • Grégoire Haniquaut

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.

Suggested Citation

  • Grégoire Haniquaut, . "The drivers of growth in trade in financial services in France [Les moteurs de l’essor des échanges de services financiers de la France]," Eco Notepad (in progress), Banque de France.
    • Handle: RePEc:bfr:econot:337
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    File URL: https://www.banque-france.fr/en/publications-and-statistics/publications/drivers-growth-trade-financial-services-france
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    File URL: https://www.banque-france.fr/fr/publications-et-statistiques/publications/les-moteurs-de-lessor-des-echanges-de-services-financiers-de-la-france
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