Switzerland: Economy

Economic Trivia

Switzerland is a modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): Germany, United States, and United Kingdom
Top 3 Exported Goods (2015): Precious Stones & Metals, Pharmaceuticals, and Industrial Machinery

Top Industries Source: CIA World Factbook

Machinery; Chemicals; Watches; Textiles

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $501,653,407,777 (2015)
GDP Growth Rate (annual %) 0.91% (2015)
GDP Per Capita, PPP (current international) $60,535 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 37/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) -1.144% (2015)
External debt stocks, total (DOD, current US$) $604,546,000 (2011)
Total tax rate (% of commercial profits) 28.8% (2015)
Real Interest Rate (5 year average %) 4.024% (2015)
Manufacturing, value added (% of GDP) 18.55% (2015)
Current Account Balance (BoP, current US$) $75,917,574,504 (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 4,752,879 (2014)
Employment in Agriculture (% of total employment) 3.2% (2014)
Employment in Industry (% of total employment) 20.1% (2014)
Employment in Services (% of total employment) 73.9% (2014)
Unemployment Rate 4.5% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $339,851,148,898 (2015)
Exports of goods and services (current US$) $422,034,476,544 (2015)
Total Merchandise Trade (% of GDP) 83.725% (2014)
FDI, net inflows (BoP, current US$) $119,713,934,409 (2015)
Commercial Service Exports (current US$) $116,628,677,978 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Switzerland’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary