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Apur, The Parisian urban planning workshop on the scale of Paris and Greater Paris documents, deciphers, supports, illuminates, projects, explores and shares diversity.

The Paris | Grand Paris Economic Observatory - 2025 Annual Report

In 2025, the economic situation in Paris and the Greater Paris - Grand Paris - remained on the whole resilient despite political uncertainties. Salaried employment stabilised and the number of new businesses rose considerably (+8.5%).  
On the real estate market, the number of sales and prices rose slightly.
Activity in the tourism sector continued to grow. Grand Paris welcomed 37.3 million tourists, a figure comparable to 2023 and to levels reached before the Covid-19 health crisis.

Icône de la catégorie The Paris | Grand Paris Economic Observatory - 2025 Annual Report
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Place Lafayette, Issy-les-Moulineaux © Apur - David Boureau - 2025

The Paris | Grand Paris Economic Observatory run by Apur provides insight into the main economic trends observed during 2025 in Paris and Grand Paris, based on consolidated, situational, economic indicators, which were followed through and analysed every quarter, in order to provide a structured overview of economic development. It also presents the economic outlook for 2026.

Salaried jobs stabilised over the year in Grand Paris Metropolis (+0.1%) although this varied from one administrative department to another. The number of jobs increased in Seine-Saint-Denis (+1.4%) while remaining stable in Val-de-Marne (+0.1%) and Hauts-de-Seine (0.1%) and declining in Paris. Salaried employment varied also in different sectors, decreasing in construction and market tertiary sectors but continuing to grow slightly in industry and the non-market tertiary sector in Paris and Grand Paris. In this context, the level of unemployment, according to the International Labour Office standards, rose by +0.4% over the year, reaching 6.1% of the labour force in Paris by the end of 2025. It also rose in three areas of the inner ring of suburbs - La Petite Couronne -: +0.6 percentage points in Seine-Saint-Denis, +0.7 points in Haut-de-Seine and +0.9 points in Val-de-Marne.

At the same time the number of business start-ups rose sharply in Paris (+18.6%) and in Grand Paris Metropolis (+8.5%), outpacing Ile-de-France (+6.7%) and France as a whole (+4.9%). Alongside the expansion of businesses created, the number of insolvencies rose to a historical peak. However, this slowed down, compared with the situation in Paris and Grand Paris in 2023 and 2024. Activity in the tourism sector continued to grow. In 2025, Grand Paris welcomed 37.3 million tourists, a level comparable to 2023 and that reached before the Covid19 health crisis.
In the real estate market, the volume of sales and prices rose slightly. In 2025, activity is set to rise in Paris (+9%) and even more sharply in the rest of the region, with an increase of +16% in the inner suburbs and +14% in the outer suburbs. 

As for the prospects for 2026, economic activity is expected to increase in both Paris and Grand Paris Metropolis during the first half of 2026, but at a lower pace than forecast at the end of 2025, due to the wave of inflation triggered by the outbreak of war in the Middle East towards the end of February 2026.

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