Insee Focus · October 2021 · n° 252

French multinationals in 2019: 48,200 subsidiaries outside France

In 2019, French multinationals enterprise groups (excluding the banking and non-commercial services sectors) controlled 48,200 foreign affiliates. They achieved 50% of their consolidated turnover and employed 6.8 million people outside France. The large multinationals enterprise groups are dominant, comprising 45% of the subsidiaries and generating 83% of the total consolidated turnover achieved outside France. Half of these firms are established in at least 11 foreign countries. One French subsidiary in four is established in the United States, the United Kingdom or Germany. The employees of the commercial subsidiaries are concentrated in China and Brazil.