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Population |
7,554,661 (July 2007 est.) |
|
GDP (purchasing power parity) |
$255.5 billion (2006 est.) |
|
GDP - real growth rate |
2,7% (2006 est.) |
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GDP - per capita (PPP) |
$34,000 (Rank 20 - 2006 est.) |
|
Labor force |
3.8 million (2006 est.) |
|
Household income or consumption by % share |
lowest 10%: 2.6%
highest 10%: 25.2% (1992) |
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source: CIA-WFB |
econsultants
World-Wide Business Centres
Bahnhofstrasse 52
CH-8001 / Zürich
switzerland@econsults.org |
|
Economy - overview:
Switzerland is a peaceful, prosperous, and stable modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP larger than that of the big Western European economies. The Swiss in recent years have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness. Switzerland remains a safehaven for investors, because it has maintained a degree of bank secrecy and has kept up the franc's long-term external value. Reflecting the anemic economic conditions of Europe, GDP growth stagnated during the 2001-03 period, improved during 2004-05 to 1.8% annually and to 2.9% in 2006. Even so, unemployment has remained at less than half the EU average.
Leading Commercial Sectors
Aircrafts and Parts
Automotive Parts
Artwork
Consumer Goods
Educational Equipment and Supplies
Electric Power Generating and Distribution Equipment
International Organizations
Laboratory and Scientific Instruments & Equipment
Medical Equipment
Safety and Security Equipment
Telecommunication Equipment & Services
Travel and Tourism |
