Global rating agency Standard & Poor's (S&P) announced Friday that it affirmed the credit rating of France at 'AA' level, and said its outlook is stable.
"The ratings reflect our view of France's wealthy and diversified economy, as well as the strength of its institutions, which underpin its creditworthiness," the rating agency said in a statement.
The agency said France's economy is supported by its openness, resilience, and highly skilled and productive labor force.
"Institutional effectiveness is demonstrated by France's influence in the eurozone's highly integrated economic and financial environment," the statement said.
"The government's economic policy agenda, which includes a series of structural reforms, is being implemented to tackle some of the most longstanding structural impediments to a higher economic growth potential," it added.
S&P said France's stable outlook reflects the expectation of solid economic growth over the next two years, and added that the French government will continue to implement its program of economic, budgetary, and structural reform measures.
After growing 2 percent last year, France's economy is estimated to grow by 2.2 percent this year and 1.8 percent next year, the rating agency said.
By Ovunc Kutlu in New York