Saint-Denis Basilicum and Maison de la Légion d’Honneur © Plaine Commune, Direction du Développement Economique, SEPE, Som VOSAVANH-DEPLAGNE - Plain of Montesson © CSAGBS-EDesaux - La Défense Business district © 11h45 for Defacto - Campus © Ecole Polytechnique Paris/Saclay. J. Barande - © Ville d’Enghien-les-Bains - INSEAD Fontainebleau © Yann Piriou - Charenton-le-Pont – Ivry-sur-Seine © ParisEstMarne&Bois - Bassin de La Villette, Paris Plages © CRT Ile-de-France - Tripelon-Jarry Welcome to Paris Region Paris Region Facts and Figures 2020 lays out a panorama of the region’s economic dynamism and social life, Europe’s business positioning it among the leading regions in Europe and worldwide. & innovation With its fundamental key indicators, the brochure “Paris Region Facts and powerhouse Figures 2020” is a tool for decision and action for companies and economic stakeholders. It is useful to economic and political leaders of the region and to all those who want to have a global vision of this dynamic regional economy. Paris Region Facts and Figures 2020 is a collaborative publication produced by Choose Paris Region, L’Institut Paris Region and the Paris Île-de-France Regional Chamber of Commerce and Industry. Jardin_des_tuileries_Tour_Eiffel_01_tvb CRT IDF-Van Biesen Table of contents 5 Welcome to Paris Region 27 Digital Infrastructure 6 Overview 28 Real Estate 10 Population 30 Transport and Mobility 12 Economy and Business 32 Logistics 18 Employment 34 Meetings and Exhibitions 20 Education 36 Tourism and Quality of life 24 R&D and Innovation Paris Region Facts & Figures 2020 Welcome to Paris Region 5 A dynamic and A business fast-growing region and innovation powerhouse Paris Region, The Paris Region is a truly global region which accounts for 23.3% The highest GDP in the European of France’s workforce, 31% of Union (EU28) in billions of euros. a dynamic and national GDP and 40.5% of the A vibrant exchange between country’s researchers. Europe’s highest concentration 53% of residents are under the of Fortune 500 corporations, fast-growing age of 40. This young and steadily corporate headquarters, SMEs, growing population is not only trailblazing startups, world-class attracted by the region’s economic competitiveness clusters. global region opportunities but also by the #1 worldwide destination for quality of life offered. international meetings The leader in Europe for R&D talent Standing at the crossroads of European and worldwide trade, and spending the Paris Region is Europe’s #1 economic vibrant, innovative and sustainable. Highly-diversified A massive consumer A qualified, Europe’s largest sectors of excellence marketplace cosmopolitan scope of real estate talent pool solutions Paris Region is renowned Access to 513 million for its highly diversified European consumers Large, well-educated, international Attractive, diversified and very economic landscape and 12.2 million inhabitants, workforce : 6.4 million jobs, competitive real estate, with new sectors of excellence, including 50.1 million tourists, 36% of all French executives. office districts and business parks, biotechnology, nanotechnology, 9.4 million visitors in the Region’s Europe’s largest concentration as well as the opening of coworking telecommunications, 3D animation, main conference and exhibition of higher education students : spaces, “startup factories”... the aerospace and automotive centers. 704,500 students (26.3% of industries... students in France), The Paris Region’s diversified World-class engineers, researchers, economy is buzzing with top- Fields Medals, Abel and Nobel ranked high-tech clusters and prizes,… research centers. Internationally recognized technical This unique landscape generates and scientific skills (top business, exciting opportunities for cross- engineering and specialized higher sector collaborations. education institutions, engineers, researchers...). World-class An outstanding infrastructure lifestyle Urban development 3 international airports, high-speed There’s a reason why the Paris & big events rail, an ever-expanding urban Region is the #1 destination on the subway system thanks to the planet: with 50.1 million visitors Grand Paris Express project, the each year, the area is synonymous largest urban renewal project in with “art de vivre”, culture, Europe, new modes of mobility gastronomy and history. The Grand Paris Paris 2024 and an excellent broadband The Region is also committed Express communication network. to improving the environment, Paris will also be hosting the preserving biodiversity and With its 200 km of new tracks 2024 Olympic and Paralympic reducing carbon emissions. and 68 new transit stations, Games, which will generate the network of the regional major infrastructure and con- super-subway, the Grand Paris struction projects. Express project, will be doubling its size by 2030, changing the face of the Region. 6 Overview Paris Region Facts & Figures 2020 With a GDP of €709 billion and a population of 12.2 million, the Paris Region represents 31% of France’s GDP and 18.4% of its population, while it respectively represents 4.6% and A world leading 2.4% of the European Union’s GDP and population. economic and innovative region Paris Region in the European Union Paris Region vs. France & Europe as of 01.03.2020 Population Jobs 2.4% 2.8% 18.4% 23.3% 12.2M 6.4M jobs inhabitants 2018 2018 GDP R&D workforce 4.6% 5.6% 31% 37.5% €709b 165,500FTP* 2018 2017 R&D researchers R&D expenditure 6.1% 6.6% 40.5% 40% 119,700 FTP* €20.2b 2017 2017 UK has left the EU28 from 1.31.2019 Paris Region is part of : - The European Union - The Schengen area UE 28 France * Full Time Equivalent - The Eurozone - Insee, Eurostat, Ministry of Education, Higher Education and Research An international region 1.7 million foreigners live in 8,240 foreign PhD students 15,100 foreign sites the region 2018-19 620,000 jobs, 13.9% of the population 1 out of 6 jobs in Paris Region 2016 5,800 foreign researchers is in a foreign company (16.7%) 2018 2017, data 2013 119,400 foreign students in higher education, including 22.2 million foreign visitors 409 foreign compagnies 80,500 in Paris Region’s public 2018 6,303 jobs created universities 2018 2018-19 Paris Region in numbers 12,012 km2 surface area 165,500 12.2 million R&D jobs incl. inhabitants 108 million 1,017 passengers 6.4 million jobs in Air Traffic 119,700 inhabitants researchers 704,500 2 (salaried and students per km non-salaried) €20.2b R&D expenditure 1,166,000 companies 1,285,000 sites (all activities) 19 million GDP €709b €148.5b Import passengers GDP €58,300 244,000 2 54.2 million m 7 per capita companies Office space 50.1 million created high-speed train stations tourists, GDP €110,549 incl. per job 8,000 22.2 million startups €97.5b foreign tourists Export CRT Paris Île-de-France, French customs, Insee (National Institute of Statistics and Economic Studies), French Ministry of Education, Higher Education and Research, ORIE (Regional Observatory of Commercial Real Estate in Paris Region), Paris Aéroport, SNCF (National Railways of France). Data: latest year available 8 Overview Paris Region’s position in international rankings The Paris Region is a globally competitive region. It is one of the most attractive regions in the world according to different rankings on attractiveness, companies, foreign direct Talents investments, talents, real estate, cost and quality of life... Recent international benchmarking studies have put the region within the top metropolises in the world in terms of Human Capital, Economic activity, Attractiveness, Cultural experience, Hoops Factory, Basket Hall in aubervilliiers © J.-M. Sicot, L’Institut Paris Region Information exchange, Research and Development, Tourism... Global Attractiveness Global Cities Index 2019 Global Cities Outlook 2019 Dynamic Cities 2019 Savills on economic performances on the potential of a city to attract and retain global 2019 Top five dynamic cities #1 New York capital, people, and ideas in #2 London coming years #1 London #3 Paris #2 Paris #4 Tokyo #1 London #3 Cambridge #5 Hong-Kong #2 Singapore #4 Berlin A.T. Kearney #3 San Francisco #5 Amsterdam #4 Amsterdam Savills #5 Paris A.T. Kearney Foreign direct investments Cost & Quality of Life As of 2018, the Paris Region is the second international destination for Cost of living Survey 2019 Quality of living Survey 2019 international investments following London, and first for Research, Design and Engineering investments, followed by Singapore. Paris is less expensive in The quality of life in Paris Europe than Zurich, Bern, is very appreciated, and Geneva, Copenhagen, ranked ahead of that of many London, Moscow, Dublin, global cities such as London, fDi European Regions Global Cities Investment Milan. Luxembourg, Madrid, Rome... of the Future 2020/21 monitor 2019 Mercer 2019 Mercer 2019 International investors’ perceptions of future attractiveness. Cost of living Expatistan #1 New York Paris is cheaper than London #2 London 12% cheaper for housing #3 Paris 43% cheaper for transportation 60% cheaper for personal care 10% for entertainment Paris Region, #1 world Expatistan 1/20 destination for investments in R&D # 2nd most attractive location to set up a business Paris Region 1 KPMG – Paris Ile-de-France Capitale European region Economique, Choose Paris Region of the future fDi Intelligence Paris Region Facts & Figures 2020 Overview 9 Real Estate Talents Emerging Trends in Real Emerging Trends Cities of Influence, Where to Financial Times Estate, Europe 2020 in Real Estate, Europe find the best talent 2018 Education rankings 2019-20 Paris is ranked #1 2020 2019 #1 London HEC Paris #1 for its overall real estate #2 Paris Best executive MBA prospects in 2020. 1 Paris Lisbon #3 Madrid Colliers International, 2018 program 2 Berlin Berlin Best European The Grand Paris project, Europe’s business school largest transport scheme, 3 Frankfurt Dublin Financial Times, 2019 is widely lauded as a game-changer for the French capital, setting it 4 London Madrid apart from the competition.