A growing economy

Many strong points:

  • Proximity to Asia and Australia

  • Tourist attraction and important agricultural sector

  • Low public debt and balance of public accounts

  • Dynamic demography related to immigration

  • Quality of life

Household consumption is favored by wage growth and the low unemployment rate (4.6% in October 2017).

In addition, since 2018, the most modest households have benefited from the increase in social benefits for families, a 5% increase in the minimum wage and a reduction in income tax.