behind the United States ($311.8 billion), and ahead of the United Kingdom ($111.4 billion), Japan ($128 billion) and Germany ($156.5 billion). With 39 of the 500 biggest companies of the world in 2010, France ranks 4th in the Fortune Global 500, behind the USA, Japan and China, but ahead of Germany and the UK.
Financial services, banking and the insurance sector are an important part of France's economy.The Paris stock exchange market (French: La Bourse de Paris) is an ancient institution, as it was created by Louis XV in 1724. In 2000, the stock exchanges of Paris, Amsterdam and Bruxelles merged into Euronext. In 2007, Euronext merged with the New York stock exchange to form NYSE Euronext, the world's largest stock exchange. Euronext Paris, the French branch of the NYSE Euronext group is Europe's second largest stock exchange market, behind the London Stock Exchange.
French companies have maintained key positions in the Insurance and Banking industries: AXA is the world's largest insurance company, and is ranked by Fortune the ninth richest corporation by revenues. The leading French banks are BNP Paribas and the Crédit Agricole, ranking as the world's 1st and 6th largest banks in 2010 (determined by the amount of assets), while the Société Générale group was ranked the world's eight largest in 2008–2009.
France is the smallest emitter of carbon dioxide among the seven most industrialized countries in the world, due to its heavy investment in nuclear power. As a result of large investments in nuclear technology, most of the electricity produced in the country is generated by 59 nuclear power plants (78% in 2006, up from only 8% in 1973, 24% in 1980, and 75% in 1990). In this context, renewable energies (see the power cooperative Enercoop) are having difficulties taking off the ground.
Agriculture
France has historically been an important producer of agricultural products. Large tracts of fertile land, the
