In the past 12 months, a pronounced spike in new business creations is seen in France. In 2017, 591,000 new businesses were registered which is 7% more than in 2016. Registration of micro-entrepreneurs was more (+9%) than that of companies (+5%).
The number of business failures in France has been on a falling trend since 2016, especially in the construction sector. In 2017, a total of 55,000 businesses failed, which was 5.2% lower than 2016.