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95-443: Françoise Cachin (8 May 1936, Paris – 4 February 2011, Paris) was a French art historian and curator . She was the founding director of the Musée d’Orsay and the author of numerous books on 19th-century French painting. Françoise Cachin was born to the pediatrician Charles Cachin and his wife Ginette (née Signac). Her grandparents included the communist politician Marcel Cachin and

190-752: A Proto-Celtic form reconstructed as * kwar-is-io -. Alternatively, Pierre-Yves Lambert proposed to translate Parisii as the 'spear people', by connecting the first element to the Old Irish carr ('spear'), derived from an earlier * kwar-sā . In any case, the city's name is not related to the Paris of Greek mythology . Residents of the city are known in English as Parisians and in French as Parisiens ( [paʁizjɛ̃] ). They are also pejoratively called Parigots ( [paʁiɡo] ). The Parisii ,

285-401: A country sells off its resources to entities outside their country this will also be reflected over time in decreased GNI, but not decreased GDP. This would make the use of GDP more attractive for politicians in countries with increasing national debt and decreasing assets. Gross national income (GNI) equals GDP plus income receipts from the rest of the world minus income payments to the rest of

380-637: A country's citizens at home and abroad rather than its "resident institutional units" (see OECD definition above). The switch from GNP to GDP in the United States occurred in 1991. The role that measurements of GDP played in World War II was crucial to the subsequent political acceptance of GDP values as indicators of national development and progress. A crucial role was played here by the U.S. Department of Commerce under Milton Gilbert where ideas from Kuznets were embedded into institutions . The history of

475-530: A fair amount of sunshine. Each year there are a few days when the temperature rises above 32 °C (90 °F). Longer periods of more intense heat sometimes occur, such as the heat wave of 2003 when temperatures exceeded 30 °C (86 °F) for weeks, reached 40 °C (104 °F) on some days, and rarely cooled down at night. Spring and autumn have, on average, mild days and cool nights, but are changing and unstable. Surprisingly warm or cool weather occurs frequently in both seasons. In winter, sunshine

570-444: A fairly accurate idea of what it is and know it is tough to come up with quantitative measures for such constructs as happiness, quality of life, and well-being. From the perspective of environmental, social and governance (ESG) measures, GDP per capita trends can be influenced by factors such as gender parity and elements of regulatory quality. In an example of a developing country with a mixed economy from 2008 to 2021, elements such as

665-702: A huge and emotional crowd down the Champs Élysées towards Notre Dame de Paris and made a rousing speech from the Hôtel de Ville . In the 1950s and the 1960s, Paris became one front of the Algerian War for independence; in August 1961, the pro-independence FLN targeted and killed 11 Paris policemen, leading to the imposition of a curfew on Muslims of Algeria (who, at that time, were French citizens). On 17 October 1961, an unauthorised but peaceful protest demonstration of Algerians against

760-755: A sub-tribe of the Celtic Senones , inhabited the Paris area from around the middle of the 3rd century BC. One of the area's major north–south trade routes crossed the Seine on the Île de la Cité , which gradually became an important trading centre. The Parisii traded with many river towns (some as far away as the Iberian Peninsula) and minted their own coins. The Romans conquered the Paris Basin in 52 BC and began their settlement on Paris's Left Bank . The Roman town

855-517: Is Montmartre at 130 m (427 ft). Excluding the outlying parks of Bois de Boulogne and Bois de Vincennes , Paris covers an oval measuring about 87 km (34 sq mi) in area, enclosed by the 35 km (22 mi) ring road, the Boulevard Périphérique . Paris' last major annexation of outlying territories in 1860 gave it its modern form, and created the 20 clockwise-spiralling arrondissements (municipal boroughs). From

950-767: Is 450 km (280 mi) southeast of London, 287 km (178 mi) south of Calais , 305 km (190 mi) southwest of Brussels , 774 km (481 mi) north of Marseille , 385 km (239 mi) northeast of Nantes , and 135 km (84 mi) southeast of Rouen . Paris has an oceanic climate within the Köppen climate classification , typical of western Europe. This climate type features cool winters, with frequent rain and overcast skies, and mild to warm summers. Very hot and very cold temperatures and weather extremes are rare in this type of climate. Summer days are usually mild and pleasant, with average temperatures between 15 and 25 °C (59 and 77 °F), and

1045-467: Is US$ 5,040,107.75 (in a million). Predictably, as a developed country, Japan has a higher GNI (by 182,779.46, in millions of USD), which is indicative that the production level in the country is higher than that of national production. On the other hand, the case with Armenia is the opposite, with GDP being lower than GNI by US$ 196.12 (in million). This demonstrates that countries receive investments and foreign aid from abroad. The Total income divided by

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1140-425: Is also sometimes expressed as: The third way to estimate GDP is to calculate the sum of the final uses of goods and services (all uses except intermediate consumption) measured in purchasers' prices. Market goods that are produced are purchased by someone. In the case where a good is produced and unsold, the standard accounting convention is that the producer has bought the good from themselves. Therefore, measuring

1235-838: Is calculated this way it is sometimes called gross domestic income (GDI), or GDP (I). GDI should provide the same amount as the expenditure method described later. By definition, GDI is equal to GDP. In practice, however, measurement errors will make the two figures slightly off when reported by national statistical agencies. This method measures GDP by adding incomes that firms pay households for factors of production they hire – wages for labour, interest for capital, rent for land and profits for entrepreneurship. The US "National Income and Product Accounts" divide incomes into five categories: These five income components sum to net domestic income at factor cost. Two adjustments must be made to get GDP: Total income can be subdivided according to various schemes, leading to various formulae for GDP measured by

1330-469: Is contributed at each stage of production. This approach mirrors the OECD (Organisation for Economic Co-operation and Development) definition given above. Gross value added = gross value of output – value of intermediate consumption. Value of output = value of the total sales of goods and services plus the value of changes in the inventory. The sum of the gross value added in the various economic activities

1425-719: Is derived from its early inhabitants, the Parisii , a Gallic tribe from the Iron Age and the Roman period . The meaning of the Gaulish ethnonym remains debated. According to Xavier Delamarre , it may derive from the Celtic root pario- ('cauldron'). Alfred Holder interpreted the name as 'the makers' or 'the commanders', by comparing it to the Welsh peryff ('lord, commander'), both possibly descending from

1520-494: Is desirable to compensate for changes in the value of money—for the effects of inflation or deflation. To make it more meaningful for year-to-year comparisons, it may be multiplied by the ratio between the value of money in the year the GDP was measured and the value of money in a base year. For example, suppose a country's GDP in 1990 was $ 100 million and its GDP in 2000 was $ 300 million . Suppose also that inflation had halved

1615-404: Is known as "GDP at factor cost". GDP at factor cost plus indirect taxes less subsidies on products = "GDP at producer price". For measuring the output of domestic product, economic activities (i.e. industries) are classified into various sectors. After classifying economic activities, the output of each sector is calculated by any of the following two methods: The value of output of all sectors

1710-423: Is measured widely in that some measure of GDP is available for almost every country in the world, allowing inter-country comparisons. It is measured consistently in that the technical definition of GDP is relatively consistent among countries. It can be argued that GDP per capita is an indicator of standard of living. As a result, GDP per capita as a standard of living is a continued usage because most people have

1805-494: Is normally referred to as SNA2008 to distinguish it from the previous edition published in 1993 (SNA93) or 1968 (called SNA68) SNA2008 provides a set of rules and procedures for the measurement of national accounts. The standards are designed to be flexible, to allow for differences in local statistical needs and conditions. The raw GDP figure as given by the equations above is called the nominal, historical, or current GDP. When one compares GDP figures from one year to another, it

1900-407: Is now known, gross national income (GNI). The difference is that GDP defines its scope according to location, while GNI defines its scope according to ownership. In a global context, world GDP and world GNI are, therefore, equivalent terms. GDP is a product produced within a country's borders; GNI is product produced by enterprises owned by a country's citizens. The two would be the same if all of

1995-440: Is scarce. Days are cool, and nights are cold but generally above freezing, with low temperatures around 3 °C (37 °F). Light night frosts are quite common, but the temperature seldom dips below −5 °C (23 °F). Paris sometimes sees light snow or flurries with or without accumulation. Paris has an average annual precipitation of 641 mm (25.2 in), and experiences light rainfall distributed evenly throughout

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2090-590: Is the capital and largest city of France . With an estimated population of 2,102,650 residents in January 2023 in an area of more than 105 km (41 sq mi), Paris is the fourth-largest city in the European Union and the 30th most densely populated city in the world in 2022. Since the 17th century, Paris has been one of the world's major centres of finance , diplomacy , commerce , culture , fashion , and gastronomy . Because of its leading role in

2185-450: Is then added to get the gross value of output at factor cost. Subtracting each sector's intermediate consumption from gross output value gives the GVA (=GDP) at factor cost. Adding indirect tax minus subsidies to GVA (GDP) at factor cost gives the "GVA (GDP) at producer prices". The second way of estimating GDP is to use "the sum of primary incomes distributed by resident producer units". If GDP

2280-599: The Champs-Élysées extended the city west to Étoile , while the working-class neighbourhood of the Faubourg Saint-Antoine on the eastern side of the city grew increasingly crowded with poor migrant workers from other regions of France. Paris was the centre of an explosion of philosophic and scientific activity, known as the Age of Enlightenment . Diderot and D'Alembert published their Encyclopédie in 1751, before

2375-785: The College of Sorbonne , and a palace for himself, the Palais-Cardinal . After Richelieu's death in 1642, it was renamed the Palais-Royal . Due to the Parisian uprisings during the Fronde civil war, Louis XIV moved his court to a new palace, Versailles , in 1682. Although no longer the capital of France, arts and sciences in the city flourished with the Comédie-Française , the Academy of Painting, and

2470-634: The European Space Agency , the European Banking Authority and the European Securities and Markets Authority . The football club Paris Saint-Germain and the rugby union club Stade Français are based in Paris. The 81,000-seat Stade de France , built for the 1998 FIFA World Cup , is located just north of Paris in the neighbouring commune of Saint-Denis . Paris hosts the annual French Open Grand Slam tennis tournament on

2565-707: The French Academy of Sciences . To demonstrate that the city was safe from attack, the king had the city walls demolished and replaced with tree-lined boulevards that would become the Grands Boulevards . Other marks of his reign were the Collège des Quatre-Nations , the Place Vendôme , the Place des Victoires , and Les Invalides . Paris grew in population from about 400,000 in 1640 to 650,000 in 1780. A new boulevard named

2660-639: The French Regional & American Museums Exchange (FRAME), and (unsuccessfully) lead opposition to the Louvre's plan to construct the Louvre Abu Dhabi . In 2009 she was named a Grand Officier of the Ordre national du Mérite . Cachin died on 4 February 2011 of amyloidosis , aged 74. She was at work editing the journals of Paul Signac. Paris Paris ( French pronunciation: [paʁi] )

2755-640: The Grand Paris project, to integrate Paris more closely with the towns in the region around it. After many modifications, the new area, named the Metropolis of Grand Paris , with a population of 6.7 million, was created on 1 January 2016. In 2011, the City of Paris and the national government approved the plans for the Grand Paris Express , totalling 205 km (127 mi) of automated metro lines to connect Paris,

2850-548: The Human Development Index or Better Life Index , as better approaches to measuring the effect of the economy on human development and well being . William Petty came up with a concept of GDP, to calculate the tax burden , and argue landlords were unfairly taxed during warfare between the Dutch and the English between 1652 and 1674. Charles Davenant developed the method further in 1695. The modern concept of GDP

2945-484: The Montgolfier Brothers launched the first manned flight in a hot air balloon on 21 November 1783. Paris was the financial capital of continental Europe, as well the primary European centre for book publishing, fashion and the manufacture of fine furniture and luxury goods. On 22 October 1797, Paris was also the site of the first parachute jump in history, by Garnerin . In the summer of 1789, Paris became

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3040-517: The Paris Commune held power for two months, before being harshly suppressed by the French army during the " Bloody Week " at the end of May 1871. In the late 19th century, Paris hosted two major international expositions: the 1889 Universal Exposition , which featured the new Eiffel Tower, was held to mark the centennial of the French Revolution; and the 1900 Universal Exposition gave Paris

3135-579: The Pont Alexandre III , the Grand Palais , the Petit Palais and the first Paris Métro line. Paris became the laboratory of Naturalism ( Émile Zola ) and Symbolism ( Charles Baudelaire and Paul Verlaine ), and of Impressionism in art ( Courbet , Manet , Monet , Renoir ). By 1901, the population of Paris had grown to about 2,715,000. At the beginning of the century, artists from around

3230-611: The Pont des Arts . During the Restoration , the bridges and squares of Paris were returned to their pre-Revolution names; the July Revolution in 1830 (commemorated by the July Column on the Place de la Bastille ) brought to power a constitutional monarch, Louis Philippe I . The first railway line to Paris opened in 1837, beginning a new period of massive migration from the provinces to

3325-704: The Seine in the city centre has been classified as a UNESCO World Heritage Site since 1991. Paris is home to several United Nations organizations including UNESCO, as well as other international organizations such as the OECD , the OECD Development Centre , the International Bureau of Weights and Measures , the International Energy Agency , the International Federation for Human Rights , along with European bodies such as

3420-597: The Siege of Paris (885–886) , for which the then Count of Paris ( comte de Paris ), Odo of France , was elected king of West Francia . From the Capetian dynasty that began with the 987 election of Hugh Capet , Count of Paris and Duke of the Franks ( duc des Francs ), as king of a unified West Francia, Paris gradually became the largest and most prosperous city in France. By the end of

3515-454: The arts and sciences and its early adaptation of extensive street lighting, it became known as the City of Light in the 19th century. The City of Paris is the centre of the Île-de-France region , or Paris Region, with an official estimated population of 12,271,794 inhabitants in January 2023, or about 19% of the population of France. The Paris Region had a nominal GDP of €765 billion (US$ 1.064 trillion when adjusted for PPP ) in 2021,

3610-760: The pointillist painters Paul Signac and Jeanne Selmersheim-Desgrange . Cachin studied art history under André Chastel at the Institut d'Art et d'Archéologie of the University of Paris . After training at the Louvre and the Galerie nationale du Jeu de Paume , she worked as a curator at the Musée National d'Art Moderne from 1969 to 1978, eventually becoming chief curator. In this capacity she organized numerous exhibitions, including an important Paul Klee retrospective, and oversaw

3705-473: The Île Saint-Louis and the larger Île de la Cité , which form the oldest part of Paris. The river's mouth on the English Channel ( La Manche ) is about 233 mi (375 km) downstream from Paris. Paris is spread widely on both banks of the river. Overall, Paris is relatively flat, and the lowest point is 35 m (115 ft) above sea level . Paris has several prominent hills, the highest of which

3800-512: The 12th century, Paris had become the political, economic, religious, and cultural capital of France. The Palais de la Cité , the royal residence, was located at the western end of the Île de la Cité. In 1163, during the reign of Louis VII , Maurice de Sully , bishop of Paris, undertook the construction of the Notre Dame Cathedral at its eastern extremity. After the marshland between the river Seine and its slower 'dead arm' to its north

3895-499: The 1860 area of 78 km (30 sq mi), the city limits were expanded marginally to 86.9 km (33.6 sq mi) in the 1920s. In 1929, the Bois de Boulogne and Bois de Vincennes forest parks were annexed to the city, bringing its area to about 105 km (41 sq mi). The metropolitan area is 2,300 km (890 sq mi). Measured from the 'point zero' in front of its Notre-Dame cathedral , Paris by road

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3990-704: The Frank , the first king of the Merovingian dynasty , made the city his capital from 508. As the Frankish domination of Gaul began, there was a gradual immigration by the Franks to Paris and the Parisian Francien dialects were born. Fortification of the Île de la Cité failed to avert sacking by Vikings in 845 , but Paris's strategic importance—with its bridges preventing ships from passing—was established by successful defence in

4085-601: The French police and gendarmes arrested 12,884 Jews, including 4,115 children, and confined them during five days at the Vel d'Hiv ( Vélodrome d'Hiver ), from which they were transported by train to the extermination camp at Auschwitz . None of the children came back. On 25 August 1944, the city was liberated by the French 2nd Armoured Division and the 4th Infantry Division of the United States Army . General Charles de Gaulle led

4180-515: The Place Royale, now Place des Vosges . In spite of Henry IV's efforts to improve city circulation, the narrowness of Paris's streets was a contributing factor in his assassination near Les Halles marketplace in 1610. During the 17th century, Cardinal Richelieu , chief minister of Louis XIII , was determined to make Paris the most beautiful city in Europe. He built five new bridges, a new chapel for

4275-574: The Revolution, but after 1799 it surged with 160,000 new residents, reaching 660,000 by 1815. Napoleon replaced the elected government of Paris with a prefect that reported directly to him. He began erecting monuments to military glory, including the Arc de Triomphe , and improved the neglected infrastructure of the city with new fountains, the Canal de l'Ourcq , Père Lachaise Cemetery and the city's first metal bridge,

4370-670: The Tuileries Palace. In 1793, as the revolution turned increasingly radical, the king, queen and mayor were beheaded by guillotine in the Reign of Terror , along with more than 16,000 others throughout France. The property of the aristocracy and the church was nationalised , and the city's churches were closed, sold or demolished. A succession of revolutionary factions ruled Paris until 9 November 1799 ( coup d'état du 18 brumaire ), when Napoleon Bonaparte seized power as First Consul. The population of Paris had dropped by 100,000 during

4465-427: The accounting year. ) So for example if a car manufacturer buys auto parts , assembles the car and sells it, only the final car sold is counted towards the GDP. Meanwhile, if a person buys replacement auto parts to install them on their car, those are counted towards the GDP. According to the U.S. Bureau of Economic Analysis, which is responsible for calculating the national accounts in the United States, "In general,

4560-417: The average production of a person in the country. Lists of GDP per capita: GDP per capita is often used as an indicator of living standards. The major advantage of GDP per capita as an indicator of the standard of living is that it is measured frequently, widely, and consistently. It is measured frequently in that most countries provide information on GDP every quarter, allowing trends to be seen quickly. It

4655-460: The capital of France, was the most populous city of Europe. By comparison, London in 1300 had 80,000 inhabitants. By the early fourteenth century, so much filth had collected inside urban Europe that French and Italian cities were naming streets after human waste. In medieval Paris, several street names were inspired by merde , the French word for "shit". During the Hundred Years' War , Paris

4750-664: The centre stage of the French Revolution . On 14 July, a mob seized the arsenal at the Invalides , acquiring thousands of guns, with which it stormed the Bastille , a principal symbol of royal authority. The first independent Paris Commune , or city council, met in the Hôtel de Ville and elected a Mayor , the astronomer Jean Sylvain Bailly , on 15 July. Louis XVI and the royal family were brought to Paris and incarcerated in

4845-403: The city's subway system, the Paris Métro , serves 5.23   million passengers daily. It is the second-busiest metro system in Europe after the Moscow Metro . Gare du Nord is the 24th-busiest railway station in the world and the busiest outside Japan , with 262   million passengers in 2015. Paris has one of the most sustainable transportation systems and is one of only two cities in

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4940-435: The city. In 1848, Louis-Philippe was overthrown by a popular uprising in the streets of Paris. His successor, Napoleon III , alongside the newly appointed prefect of the Seine, Georges-Eugène Haussmann , launched a huge public works project to build wide new boulevards, a new opera house, a central market, new aqueducts, sewers and parks, including the Bois de Boulogne and Bois de Vincennes . In 1860, Napoleon III annexed

5035-540: The concept of GDP should be distinguished from the history of changes in many ways of estimating it. The value added by firms is relatively easy to calculate from their accounts, but the value added by the public sector , by financial industries, and by intangible asset creation is more complex. These activities are increasingly important in developed economies, and the international conventions governing their estimation and their inclusion or exclusion in GDP regularly change in an attempt to keep up with industrial advances. In

5130-414: The country, but owned by one of its citizens, counts as part of its GNI but not its GDP. For example, the GNI of the US is the value of output produced by American-owned firms, regardless of where the firms are located. Similarly, if a country becomes increasingly in debt, and spends large amounts of income servicing this debt this will be reflected in a decreased GNI but not a decreased GDP. Similarly, if

5225-402: The curfew led to violent confrontations between the police and demonstrators, in which at least 40 people were killed. The anti-independence Organisation armée secrète (OAS) carried out a series of bombings in Paris throughout 1961 and 1962. In May 1968, protesting students occupied the Sorbonne and put up barricades in the Latin Quarter . Thousands of Parisian blue-collar workers joined

5320-443: The first Bishop of Paris: according to legend, when he refused to renounce his faith before the Roman occupiers, he was beheaded on the hill which became known as Mons Martyrum (Latin "Hill of Martyrs"), later " Montmartre ", from where he walked headless to the north of the city; the place where he fell and was buried became an important religious shrine, the Basilica of Saint-Denis , and many French kings are buried there. Clovis

5415-414: The first socialist mayor. He was re-elected in March 2008. In 2007, in an effort to reduce car traffic, he introduced the Vélib' , a system which rents bicycles. Bertrand Delanoë also transformed a section of the highway along the Left Bank of the Seine into an urban promenade and park, the Promenade des Berges de la Seine , which he inaugurated in June 2013. In 2007, President Nicolas Sarkozy launched

5510-453: The front line at the First Battle of the Marne . The city was also bombed by Zeppelins and shelled by German long-range guns . In the years after the war, known as Les Années Folles , Paris continued to be a mecca for writers, musicians and artists from around the world, including Ernest Hemingway , Igor Stravinsky , James Joyce , Josephine Baker , Eva Kotchever , Henry Miller , Anaïs Nin , Sidney Bechet and Salvador Dalí . In

5605-406: The head of the Musée d'Orsay and assumed the post of Director of French Museums, which carried the responsibility for over 1,000 museums across France. Despite this, she still found time to compile a catalogue raisonné of works by her grandfather Paul Signac , which was published in 2000. Cachin retired from her directorial position in 2001 but remained active in the museum world. She helped found

5700-399: The highest in the European Union. According to the Economist Intelligence Unit Worldwide Cost of Living Survey, in 2022, Paris was the city with the ninth-highest cost of living in the world. Paris is a major railway, highway, and air-transport hub served by two international airports: Charles de Gaulle Airport , the third-busiest airport in Europe , and Orly Airport . Opened in 1900,

5795-553: The income approach. A common one is: The sum of COE , GOS and GMI is called total factor income; it is the income of all of the factors of production in society. It measures the value of GDP at factor (basic) prices. The difference between basic prices and final prices (those used in the expenditure calculation) is the total taxes and subsidies that the government has levied or paid on that production. So adding taxes less subsidies on production and imports converts GDP(I) at factor cost to GDP(I) at final prices. Total factor income

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5890-410: The information required (especially information on expenditure and production by governments). The international standard for measuring GDP is contained in the book System of National Accounts (2008), which was prepared by representatives of the International Monetary Fund , European Union , Organisation for Economic Co-operation and Development , United Nations and World Bank . The publication

5985-413: The innermost three departments around Paris, airports and high-speed rail (TGV) stations, at an estimated cost of €35 billion. The system is scheduled to be completed by 2030. In January 2015, Al-Qaeda in the Arabian Peninsula claimed attacks across the Paris region. 1.5 million people marched in Paris in a show of solidarity against terrorism and in support of freedom of speech. In November of

6080-684: The international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress . It is often considered to be the world's most powerful statistical indicator of national development and progress. However, critics of the growth imperative often argue that GDP measures were never intended to measure progress, and leave out key other externalities , such as resource extraction , environmental impact and unpaid domestic work . Alternative economic indicators such as doughnut economics use other measures, such as

6175-512: The late 12th century, Philip Augustus extended the Louvre fortress to defend the city against river invasions from the west, gave the city its first walls between 1190 and 1215, rebuilt its bridges to either side of its central island, and paved its main thoroughfares. In 1190, he transformed Paris's former cathedral school into a student-teacher corporation that would become the University of Paris and would draw students from all of Europe. With 200,000 inhabitants in 1328, Paris, then already

6270-490: The modern city of Paris was first mentioned in the mid-1st century BC by Julius Caesar as Luteciam Parisiorum (' Lutetia of the Parisii ') and is later attested as Parision in the 5th century AD, then as Paris in 1265. During the Roman period, it was commonly known as Lutetia or Lutecia in Latin, and as Leukotekía in Greek, which is interpreted as either stemming from the Celtic root *lukot- ('mouse'), or from * luto- ('marsh, swamp'). The name Paris

6365-438: The museum's move from the Palais de Tokyo to the new Centre Georges Pompidou . In 1978 Cachin joined the planning team for the new Musée d'Orsay . During this time she continued to organize exhibitions, including a major Manet retrospective in 1983. When the Musée d'Orsay opened in 1986 she was named director, and in this role organized retrospectives of Paul Gauguin (1989) and Georges Seurat (1991). In 1994 Cachin left

6460-450: The new site of the Bibliothèque nationale de France (1996), the Arche de la Défense (1985–1989) in La Défense , as well as the Louvre Pyramid with its underground courtyard (1983–1989); Jacques Chirac (2006), the Musée du quai Branly . In the early 21st century, the population of Paris began to increase slowly again, as more young people moved into the city. It reached 2.25 million in 2011. In March 2001, Bertrand Delanoë became

6555-545: The per capita gross domestic product and the unemployment rate have a significant effect on the number of MSMEs in the Philippines. Real GDP can be used to calculate the GDP growth rate, which indicates how much a country's production has increased (or decreased, if the growth rate is negative) compared to the previous year, typically expressed as percentage change . The economic growth can be expressed as real GDP growth rate or real GDP per capita growth rate . GDP can be contrasted with gross national product (GNP) or, as it

6650-426: The productive enterprises in a country were owned by its own citizens and those citizens did not own productive enterprises in any other countries. In practice, however, foreign ownership makes GDP and GNI non-identical. Production within a country's borders, but by an enterprise owned by somebody outside the country, counts as part of its GDP but not its GNI; on the other hand, production by an enterprise located outside

6745-440: The products must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying things. The income approach works on the principle that the incomes of the productive factors ("producers", colloquially) must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes. Also known as the Value Added Approach, it calculates how much value

6840-675: The raw GDP data. The GDP adjusted for changes in money value in this way is called the real GDP . The factor used to convert GDP from current to constant values in this way is called the GDP deflator . Unlike consumer price index , which measures inflation or deflation in the price of household consumer goods, the GDP deflator measures changes in the prices of all domestically produced goods and services in an economy including investment goods and government services, as well as household consumption goods. GDP can be adjusted for population growth, also called Per-capita GDP or GDP per person . This measures

6935-536: The red clay of Roland Garros . Paris hosted the 1900 , the 1924 , and the 2024 Summer Olympics . The 1938 and 1998 FIFA World Cups , the 2019 FIFA Women's World Cup , the 2007 Rugby World Cup , as well as the 1960 , 1984 and 2016 UEFA European Championships were held in Paris. Every July, the Tour de France bicycle race finishes on the Avenue des Champs-Élysées in Paris. The ancient oppidum that corresponds to

7030-415: The region is the GDP per capita and can approximate a concept of a standard of living . Nominal GDP does not reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on

7125-408: The same result. They are the production (or output or value added) approach, the income approach, and the speculated expenditure approach. It is representative of the total output and income within an economy. The most direct of the three is the production approach, which sums up the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of

7220-559: The same year, terrorist attacks , claimed by ISIL, killed 130 people and injured more than 350. On 22 April 2016, the Paris Agreement was signed by 196 nations of the United Nations Framework Convention on Climate Change in an aim to limit the effects of climate change below 2 °C. Paris is located in northern central France, in a north-bending arc of the river Seine , whose crest includes two islands,

7315-428: The source data for the expenditures components are considered more reliable than those for the income components [see income method, above]." Encyclopedia Britannica records an alternate way of measuring exports minus imports: notating it as the single variable NX. Within each country GDP is normally measured by a national government statistical agency, as private sector organizations normally do not have access to

7410-629: The students, and the movement grew into a two-week general strike. Supporters of the government won the June elections by a large majority. The May 1968 events in France resulted in the break-up of the University of Paris into 13 independent campuses. In 1975, the National Assembly changed the status of Paris to that of other French cities and, on 25 March 1977, Jacques Chirac became the first elected mayor of Paris since 1793. The Tour Maine-Montparnasse ,

7505-585: The surrounding towns and created eight new arrondissements, expanding Paris to its current limits. During the Franco-Prussian War (1870–1871), Paris was besieged by the Prussian Army . Following several months of blockade, hunger, and then bombardment by the Prussians, the city was forced to surrender on 28 January 1871. After seizing power in Paris on 28 March, a revolutionary government known as

7600-460: The tallest building in the city at 57 storeys and 210 m (689 ft) high, was built between 1969 and 1973. It was highly controversial, and it remains the only building in the centre of the city over 32 storeys high. The population of Paris dropped from 2,850,000 in 1954 to 2,152,000 in 1990, as middle-class families moved to the suburbs. A suburban railway network, the RER (Réseau Express Régional),

7695-529: The throne Henry IV , after converting to Catholicism to gain entry to the capital, entered the city in 1594 to claim the crown of France. This king made several improvements to the capital during his reign: he completed the construction of Paris's first uncovered, sidewalk-lined bridge, the Pont Neuf , built a Louvre extension connecting it to the Tuileries Palace , and created the first Paris residential square,

7790-536: The total expenditure used to buy things is a way of measuring production. This is known as the expenditure method of calculating GDP. GDP (Y) is the sum of consumption (C) , investment (I) , government expenditures (G) and net exports (X − M) . Here is a description of each GDP component: C , I , and G are expenditures on final goods and services; expenditures on intermediate goods and services do not count. (Intermediate goods and services are those used by businesses to produce other goods and services within

7885-465: The value of its currency over that period. To meaningfully compare its GDP in 2000 to its GDP in 1990, we could multiply the GDP in 2000 by one-half, to make it relative to 1990 as a base year. The result would be that the GDP in 2000 equals $ 300 million × 1 ⁄ 2 = $ 150 million , in 1990 monetary terms. We would see that the country's GDP had realistically increased 50 percent over that period, not 200 percent, as it might appear from

7980-473: The words of one academic economist, "The actual number for GDP is, therefore, the product of a vast patchwork of statistics and a complicated set of processes carried out on the raw data to fit them to the conceptual framework." China officially adopted GDP in 1993 as its indicator of economic performance. Previously, China had relied on a Marxist-inspired national accounting system. GDP can be determined in three ways, all of which should, theoretically, give

8075-488: The world including Pablo Picasso , Modigliani , and Henri Matisse made Paris their home. It was the birthplace of Fauvism , Cubism and abstract art , and authors such as Marcel Proust were exploring new approaches to literature. During the First World War , Paris sometimes found itself on the front line; 600 to 1,000 Paris taxis played a small but highly important symbolic role in transporting 6,000 soldiers to

8170-660: The world that received the Sustainable Transport Award twice. Paris is known for its museums and architectural landmarks: the Louvre received 8.9   million visitors in 2023, on track for keeping its position as the most-visited art museum in the world. The Musée d'Orsay , Musée Marmottan Monet and Musée de l'Orangerie are noted for their collections of French Impressionist art. The Pompidou Centre , Musée National d'Art Moderne , Musée Rodin and Musée Picasso are noted for their collections of modern and contemporary art . The historical district along

8265-514: The world. In 1991, the United States switched from using GNP to using GDP as its primary measure of production. The relationship between United States GDP and GNP is shown in table 1.7.5 of the National Income and Product Accounts . Another example that amplifies the difference between GDP and GNI is the comparison of developed and developing country indicators. The GDP of Japan for 2020

8360-401: The year. Paris is known for intermittent, abrupt, heavy showers. The highest recorded temperature was 42.6 °C (108.7 °F), on 25 July 2019. The lowest was −23.9 °C (−11.0 °F), on 10 December 1879. For almost all of its long history, except for a few brief periods, Paris was governed directly by representatives of the king, emperor, or president of France. In 1974, Paris

8455-472: The years after the peace conference , the city was also home to growing numbers of students and activists from French colonies and other Asian and African countries, who later became leaders of their countries, such as Ho Chi Minh , Zhou Enlai and Léopold Sédar Senghor . On 14 June 1940, the German army marched into Paris, which had been declared an " open city ". On 16–17 July 1942, following German orders,

8550-703: Was built to complement the Métro; the Périphérique expressway encircling the city, was completed in 1973. Most of the postwar presidents of the Fifth Republic wanted to leave their own monuments in Paris; President Georges Pompidou started the Centre Georges Pompidou (1977), Valéry Giscard d'Estaing began the Musée d'Orsay (1986); President François Mitterrand had the Opéra Bastille built (1985–1989),

8645-519: Was filled in from around the 10th century, Paris's cultural centre began to move to the Right Bank. In 1137, a new city marketplace (today's Les Halles ) replaced the two smaller ones on the Île de la Cité and Place de Grève (Place de l'Hôtel de Ville) . The latter location housed the headquarters of Paris's river trade corporation, an organisation that later became, unofficially (although formally in later years), Paris's first municipal government. In

8740-483: Was first developed by Simon Kuznets for a 1934 U.S. Congress report, where he warned against its use as a measure of welfare (see below under limitations and criticisms ). After the Bretton Woods Conference in 1944, GDP became the main tool for measuring a country's economy. At that time gross national product (GNP) was the preferred estimate, which differed from GDP in that it measured production by

8835-456: Was granted municipal autonomy by the National Assembly. The first modern elected mayor of Paris was Jacques Chirac , elected March 1977, becoming the city's first mayor since 1871 and only the fourth since 1794. The current mayor is Anne Hidalgo , a socialist , first elected in April 2014 , and re-elected in June 2020 . Gross domestic product The ratio of GDP to the total population of

8930-611: Was occupied by England-friendly Burgundian forces from 1418, before being occupied outright by the English when Henry V of England entered the French capital in 1420; in spite of a 1429 effort by Joan of Arc to liberate the city, it would remain under English occupation until 1436. In the late 16th-century French Wars of Religion , Paris was a stronghold of the Catholic League , the organisers of 24 August 1572 St. Bartholomew's Day massacre in which thousands of French Protestants were killed. The conflicts ended when pretender to

9025-542: Was originally called Lutetia (more fully, Lutetia Parisiorum , "Lutetia of the Parisii", modern French Lutèce ). It became a prosperous city with a forum, baths, temples, theatres, and an amphitheatre . By the end of the Western Roman Empire , the town was known as Parisius , a Latin name that would later become Paris in French. Christianity was introduced in the middle of the 3rd century AD by Saint Denis ,

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