France vs Romania development indicators, 2024

Demography and Health

In terms of demography, France has a total population of approximately 68.5 million, significantly larger than Romania's 19.1 million. The birth rate in France is higher at 9.9 per 1,000 people compared to Romania's 8. Additionally, France experiences a lower death rate at 9.2 per 1,000 people, while Romania’s rate stands at 12.7, which reflects differing health outcomes and possibly healthcare systems in both countries. Life expectancy at birth in France is notably higher at 82.9 years compared to Romania's 76.6 years. France has a lower under-5 mortality rate of 4.3 deaths per 1,000 live births, while Romania reports 6.6 deaths, indicating better health services for mothers and children. There is also a significant difference in net migration figures, with France attracting a net migration of 90,527, while Romania sees a negative migration of -28,466, which could influence workforce demographics.

Economy

France's GDP per capita in 2024 is forecasted to be $46,150, substantially higher than Romania's $20,072, displaying a more substantial economic output per person. Gross Domestic Product per capita based on purchasing power parity (PPP) provides a similar narrative, with France at $61,322 and Romania at $48,712. Employment indicators show that France has a total unemployment rate of 7.3%, which is higher than Romania's 5.6%. Additionally, the inflation rate for consumer prices is lower in France at 2% compared to Romania's 5.7%, indicating more stable prices in France's economy.

Trade and Investment

When examining trade and investment, France's exports of goods and services represent 33.2% of its GDP, while Romania's exports are slightly higher at 35.6%. However, Romania has a higher percentage of imports as well, at 41.7% of GDP compared to France’s 34%. Both countries have similar net inflows of foreign direct investment, with France at 1.8% of GDP and Romania at 1.9%. This suggests a relatively balanced investment landscape, though France's more significant economy may make it a more attractive market for foreign investors.

Governance and Institutions

France demonstrates stronger governance indicators with a higher control of corruption score of 1.2 versus Romania's 0. The government effectiveness score for France is also better at 1.1, compared to Romania's -0.1, indicating a more efficient governmental system. The rule of law is stronger in France at 1.2, compared to Romania's 0.4. This discrepancy in governance can significantly impact public trust and institutional performance in both countries. Political stability scores indicate that both nations experience some level of stability, although France's is slightly lower at 0.3 compared to Romania's 0.4.

Infrastructure and Technology

In terms of infrastructure, France has a logistics performance index score of 3.8, indicating a higher quality of trade and transport-related infrastructure than Romania, which scores 2.9. The digital landscape shows that 86.8% of the French population uses the Internet, slightly lower than Romania’s 89.2%, potentially reflecting Romania’s quicker adoption of technology. R&D expenditures in France are also significantly higher at 2.2% of GDP compared to Romania's 0.5%, which suggests an advanced focus on innovation and technology development in France.

Environment and Sustainability

When analyzing environmental indicators, both countries have similar total greenhouse gas emissions per capita at 5.6 tons of CO2 equivalents. However, differences arise in renewable energy consumption where France consumes 16.2% of its total final energy from renewable sources, considerably lower than Romania's 23.6%. Level of water stress reflects France at 21.6%, indicating a higher relative use of available freshwater resources compared to Romania's 7.4%. These environmental factors are critical as both countries strive to meet sustainability targets while balancing their economic needs.