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 (2017): Germany, United States, and China
Top 3 Exported Goods (2017): Precious Stones & Metals, Pharmaceuticals, and Industrial Machinery

Top Industries Source: CIA World Factbook

Machinery; Chemicals; Watches; Textiles

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $587,159,199,422 (2018)
GDP Growth Rate (annual %) 2.54% (2018)
GDP Per Capita, PPP (current international) $68,943 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 36/196 (2018)

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 %) 0.936% (2018)
External debt stocks, total (DOD, current US$) $604,546,000 (2011)
Total tax rate (% of commercial profits) 28.8% (2018)
Real Interest Rate (5 year average %) 1.982% (2018)
Manufacturing, value added (% of GDP) 18.308% (2018)
Current Account Balance (BoP, current US$) $72,186,268,303 (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 4,945,932 (2018)
Employment in Agriculture (% of total employment) 3.081% (2018)
Employment in Industry (% of total employment) 20.318% (2018)
Employment in Services (% of total employment) 76.601% (2018)
Unemployment Rate 4.883% (2018)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $376,581,110,801 (2018)
Exports of goods and services (current US$) $461,777,344,809 (2018)
Total Merchandise Trade (% of GDP) 83.642% (2018)
FDI, net inflows (BoP, current US$) ($67,677,224,100) (2018)
Commercial Service Exports (current US$) $122,668,278,965 (2018)
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