Lyon, France’s third-largest city, has established itself as a major economic powerhouse, attracting businesses, investors, and entrepreneurs from around the world. Its strategic location, strong infrastructure, and innovation-driven industries make it one of Europe's most dynamic business centres.
Lyon boasts a diverse and resilient economy, with key industries including:
Biotechnology & Pharmaceuticals – Home to industry leaders like Sanofi, Merck, and BioMérieux.
Digital & Tech Sector – Often called the “Silicon Valley of France,” Lyon has a strong presence in AI, smart city solutions, and digital transformation.
Financial Services & Fintech – A growing hub for asset management and financial technology startups.
Gastronomy & Tourism – Recognised as France’s culinary capital and a UNESCO-listed city.
Lyon’s GDP growth has outpaced the national average in recent years. According to the French National Institute of Statistics and Economic Studies (INSEE), Lyon’s metropolitan GDP reached approximately €84 billion in 2023, with steady annual growth.
Indicator Value GDP Growth Rate 2.1% Unemployment Rate 6.5% Foreign Investment €3.5B Startup Ecosystem Rank #2 in France
Lyon’s innovation-driven economy is supported by:
Lyon French Tech: A network fostering collaboration among tech startups, researchers, and investors.
Tech Parks: Areas like Parc Industriel de la Plaine de l'Ain host over 100 companies focused on industrial innovation.
University of Lyon: Collaborates with businesses on R&D in AI, biotech, and sustainability.
Lyon is a leader in sustainable development, integrating eco-friendly initiatives into urban planning. The Confluence district is one of Europe’s largest sustainable urban projects, incorporating renewable energy, eco-friendly transport, and green spaces. The city’s climate initiatives aim for carbon neutrality by 2030.
Lyon attracts millions of visitors annually due to its cultural heritage and world-class gastronomy. The city hosts major events like:
Fête des Lumières (Festival of Lights) – Generates €60M+ in local revenue.
Bocuse d’Or – The world’s most prestigious culinary competition.
Excellent transport links – High-speed rail, major highways, and an international airport.
Support for startups – Funding, accelerators, and innovation hubs.
Quality of life – Affordable living costs compared to Paris, vibrant cultural scene.
Lyon's economic strength, focus on innovation, and commitment to sustainability make it an attractive destination for businesses, investors, and professionals. Whether you are looking to launch a startup, expand an enterprise, or enjoy a high quality of life, Lyon stands out as one of Europe’s best cities for economic opportunity.
INSEE (French National Institute of Statistics and Economic Studies)
Lyon French Tech
Greater Lyon Economic Development Office
French Ministry of Economy
Learn more about the cost of living in Lyon and other aspects of the city by visiting this article: Cost of Living in Lyon.
Discover how Lyon stacks up against other cities by using our City Comparison Tool: City Comparison Tool.
For detailed metrics on Lyon, check out its profile on Best City Index: Lyon City Metrics.
For further details about Lyon, visit the official Lyon website.
Author
Sammy Salmela is a contributor to BestCityIndex with expertise in urban development and global city trends.
Stay updated with our latest insights and city rankings.
Introduction:The aroma of aged wheels, bubbling fondue, and freshly baked bread for cheese lovers, Europe is a true paradise. Here are five cities where cheese...
Date: 5 August 2025Source: AFP, Reuters, Local Weather AuthoritiesReading Time: 3 minutesIntroductionIn just one week, Asia has faced two stark climate...
Moving to Europe: Pros and Cons by Country for Work, Retirement, Education & Lifestyle Part 1.Moving from the United States to Europe is an exciting...
