This latest report by Labex Entreprendre marks 25 years in existence for the Global Entrepreneurship Monitor. It reflects a similar context to the previous one. In 2023, France’s economy saw a rise in GDP of around 1%, facilitated by the increase in household spending and a fall in inflation (4.9% vs 5.2% in 2022 according to the INSEE). However, the country faces challenges, in particular geopolitical uncertainty and an increase in energy costs, leading to a rise in the number of bankruptcies (+38.8% between 2022 and 2023 according to Altares, 2024), especially among SMEs. In response, the government introduced measures to limit the impact of these costs on businesses and make it easier to register new companies. Despite these challenges, 2023 was once again an outstanding year with 1,051,500 new businesses created (INSEE, 2024), even though this figure is slightly down on 2022 (-1%). This latest report helps us understand changes in entrepreneurial activity and its determining factors as well as the broader entrepreneurial ecosystem. It draws on two studies, one conducted on the French population aged 18 to 64 (APS) and the other involving a panel of experts (NES). For the majority of indicators, a comparison was made with the results from 2021 and 2022 in order to identify trends and changes in entrepreneurial activity in France. A comparison was also made with the other G7 countries (except Japan, absent from the APS in 2023) and the 16 richest economies among the 46 nations that participated in the GEM study in 2023.