France has the world's fifth largest economy by nominal figures and the ninth largest economy by PPP figures. It has the second largest economy in Europe (behind its main economic partner Germany) in nominal figures and third largest economy in Europe in PPP figures (behind Germany and the United Kingdom).

France's economy entered the recession of the late 2000s later and left it earlier than most comparable economies, only enduring four quarters of contraction. Between January and March 2011, France's GDP growth had been stronger than expected at 0.9%, one of the best figures in Europe but shrunk between April and June 2011 decreasing by -0.1%. Between July and September the French economy returned to growth of 0.3%; below the growth rates of its neighbours: Germany grew by 0.5% and the UK grew by 0.6% in the same period.

France has long been part of the world's wealthiest and most developed national economies.

After the turn of the century, wealth per adult grew very strongly in France, tripling in value between 2000 and 2007. It then fell back by 15% and has not yet regained its 2007 value. Much of the earlier rise can be attributed to appreciation of the euro against the dollar, a factor which affected all Eurozone countries. However France also experienced a rapid rise in house prices as a result of which real property now accounts for two thirds of household assets. Personal debts are 12% of household assets, which is a relatively low ratio in developed economies.

France (English ⁱ/ˈfræns/ FRANSS or /ˈfrɑːns/ FRAHNSS; French: [fʁɑ̃s] ( listen)), officially the French Republic (French: République française [ʁepyblik fʁɑ̃sɛz]), is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France extends from the Mediterranean Sea to the English Channel and the North Sea, and from the Rhine to the Atlantic Ocean. It is often referred to as l’Hexagone ("The Hexagon") because of the geometric shape of its territory. It is the largest western European country and it possesses the second-largest exclusive economic zone in the world, covering 11,035,000 km² (4,260,000 sq mi), just behind that of the United States (11,351,000 km² / 4,383,000 sq mi).

Over the past 500 years, France has been a major power with strong cultural, economic, military and political influence in Europe and around the world. During the 17th and 18th centuries, France colonised great parts of North America and Southeast Asia; during the 19th and early 20th centuries, France built the second largest colonial empire of the time, including large portions of North, West and Central Africa, Southeast Asia, and many Caribbean and Pacific Islands.

Charles André Joseph Marie de Gaulle (/ˈtʃɑrlz/ or /ˈʃɑrl dəˈɡɔːl/; French: [ʃaʁl də ɡol] ( listen); 22 November 1890 – 9 November 1970) was a French general and statesman who led the Free French Forces during World War II. He later founded the French Fifth Republic in 1958 and served as its first President from 1959 to 1969.

A veteran of World War I, in the 1920s and 1930s de Gaulle came to the fore as a proponent of mobile armoured divisions, which he considered would become central in modern warfare. During World War II, he earned the rank of brigadier general (retained throughout his life), leading one of the few successful armoured counter-attacks during the 1940 Battle of France in May in Montcornet, and then briefly served in the French government as France was falling. De Gaulle was the most senior French military officer to reject the June 1940 armistice to Nazi Germany right from the outset.

He escaped to Britain and gave a famous radio address, broadcast by the BBC on 18 June 1940, exhorting the French people to resist Nazi Germany and organised the Free French Forces with exiled French officers in Britain. As the war progressed de Gaulle gradually gained control of all French colonies except Indochina most of which had at first been controlled by the pro-German Vichy regime. Despite earning a reputation for being a difficult man to do business with, by the time of the Allied invasion of France in 1944 he was heading what amounted to a French government in exile, but although he insisted that France be treated as a great independent power by the other Allies, the Americans in particular remained deeply suspicious of his motives. De Gaulle became prime minister in the French Provisional Government, resigning in 1946 because of political conflicts.