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Afep Publishes 2024 Contribution Study to Influence France’s 2026 Budget

The lobby highlights heavy tax payments plus employment to counter calls for tougher corporate levies.

Overview

  • At a Paris press conference on 24 September, Afep presented its 10th annual report, delivered by chief economist Nicolas Ragache, detailing the footprint of its 117 member companies in 2024.
  • The study attributes about 13% of market GDP to these firms, counts roughly 2.1 million employees in France, and reports €85.1 billion in levies for 2024, including €53.6 billion tied to labor, €12.4 billion to profits, and €6.5 billion to production.
  • Afep reports an average net monthly salary of €3,339 for employees, about 22% above the national average, plus €3,648 per worker in annual participation and profit-sharing.
  • Members are said to account for around half of private R&D in France, with €20 billion invested annually and approximately 110,000 researchers employed.
  • Positioning the figures for ongoing 2026 budget talks, Afep says total mandatory payments could reach €95 billion this year with new measures, while MEDEF plans a large employer meeting in the coming days and warns of mobilization if taxes rise.