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 (2019): Germany, United States, and United Kingdom
Top 3 Exported Goods (2019): Pharmaceuticals, Precious Stones & Metals, and Industrial Machinery

Top Industries Source: CIA World Factbook

Machinery; Chemicals; Watches; Textiles

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $608,720,962,062 (2019)
GDP Growth Rate (annual %) 0.929% (2019)
GDP Per Capita, PPP (current international) $70,989 (2019)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 36/196 (2019)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 0.363% (2019)
External debt stocks, total (DOD, current US$) $604,546,000 (2011)
Total tax rate (% of commercial profits) 28.8% (2019)
Real Interest Rate (5 year average %) 2.228% (2019)
Manufacturing, value added (% of GDP) 18.734% (2019)
Current Account Balance (BoP, current US$) $86,167,345,549 (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 4,999,315 (2020)
Employment in Agriculture (% of total employment) 2.87% (2020)
Employment in Industry (% of total employment) 19.97% (2020)
Employment in Services (% of total employment) 77.16% (2020)
Unemployment Rate 4.849% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $375,480,873,437 (2019)
Exports of goods and services (current US$) $464,270,210,058 (2019)
Total Merchandise Trade (% of GDP) 0% (2019)
FDI, net inflows (BoP, current US$) ($18,382,529,056) (2019)
Commercial Service Exports (current US$) $119,596,588,080 (2019)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank