The GDP of the region in 2021 was US$984 billion at market exchange rates. Residents are sometimes referred to as Franciliens, an administrative word created in the 1980s. In 1976, when its status was aligned with the French administrative regions created in 1972, it was renamed after the historic province of Île-de-France. It was created as the "District of the Paris Region" in 1961. The region is made up of eight administrative departments: Paris, Essonne, Hauts-de-Seine, Seine-Saint-Denis, Seine-et-Marne, Val-de-Marne, Val-d'Oise and Yvelines. Île-de-France is densely populated and retains a prime economic position on the national stage: though it covers only 12,012 square kilometres (4,638 square miles), about 2% of metropolitan French territory, its estimated 2020 population of 12,997,058 was nearly one fifth of the national total its economy accounts for nearly one third of the French gross domestic product. Centred on the capital, Paris, it is located in the north-central part of the country and often called the Région Parisienne ( pronounced English: Paris Region). The Île-de-France ( / ˌ iː l d ə ˈ f r ɒ̃ s/, French: ( listen) literally "Isle of France") is the most populous of the eighteen regions of France. $984 billion (GDP nominal) / $1,075 trillion (GDP PPP) in 2021
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