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Economy of Switzerland
.jpg) The city of Zürich, the most important economic center of the country | |
| Currency | Swiss franc (CHF) |
|---|---|
| Calendar year | |
Trade organisations | EFTA, WTO and OECD |
Country group |
|
| Statistics | |
| Population | 8,981,565 (T1, 2024)[6] |
| GDP | |
| GDP rank | |
GDP growth |
|
GDP per capita | |
GDP per capita rank | |
GDP by sector |
|
| 2.4% (2023)[7] | |
Population below poverty line | |
| 31.1 medium (2022)[9] | |
 82 out of 100 points (2023)[12] (7th) | |
Labour force | |
Labour force by occupation |
|
| Unemployment | |
Average gross salary | CHF 6,788 per month (2022)[17] |
| CHF 5,333 per month (2022)[18] | |
Main industries | |
| External | |
| Exports | $468.7 billion (2020)[5][note 1] |
Export goods | machinery, chemicals, metals, watches, agricultural products |
Main export partners |
|
| Imports | $291.1 billion (2020)[5] |
Import goods | machinery, chemicals, vehicles, metals, agricultural products, textiles |
Main import partners |
|
FDI stock | |
| $66.55 billion (2017 est.)[5] | |
Gross external debt | $1.664 trillion (31 March 2016 est.)[5] |
| Public finances | |
| 41.8% of GDP (2017 est.)[5][note 2] | |
| 1.1% (of GDP) (2017 est.)[5] | |
| Revenues | 242.1 billion (2017 est.)[5] |
| Expenses | 234.4 billion (2017 est.)[5] [note 3] |
| Economic aid | Donor: ODA 3 billion CHF (0.50% of GDP)[19] |
| $1.25 trillion (January 2023)[5] (3rd) | |
All values, unless otherwise stated, are in US dollars. | |
The Economy of Switzerland is one of the world's most advanced and a highly-developed free market economy. The economy of Switzerland has ranked first in the world since 2015 on the Global Innovation Index[23][24] and third in the 2020 Global Competitiveness Report.[25][26] According to United Nations data for 2016, Switzerland is the third richest landlocked country in the world after Liechtenstein and Luxembourg. Together with the latter and Norway, they are the only three countries in the world with a GDP per capita (nominal) above US$90,000 that are neither island nations nor ministates.[27] Among OECD nations, Switzerland holds the 3rd-largest GDP per capita. Switzerland has a highly efficient and strong social security system; social expenditure stood at roughly 24.1% of GDP.[3][4][28]
- ^ "World Economic Outlook Database Groups and Aggregates Information". IMF.org. International Monetary Fund.
- ^ "World Bank Country and Lending Groups". datahelpdesk.worldbank.org. World Bank. Retrieved 29 September 2019.
- ^ a b Kenworthy, Lane (1999). "Do Social-Welfare Policies Reduce Poverty? A Cross-National Assessment" (PDF). Social Forces. 77 (3): 1119–1139. doi:10.2307/3005973. JSTOR 3005973. Archived (PDF) from the original on 10 August 2013.
- ^ a b Moller, Stephanie; Huber, Evelyne; Stephens, John D.; Bradley, David; Nielsen, François (2003). "Determinants of Relative Poverty in Advanced Capitalist Democracies". American Sociological Review. 68 (1): 22–51. doi:10.2307/3088901. JSTOR 3088901.
- ^ a b c d e f g h i j k l m n o p q "Switzerland". The World Factbook (2025 ed.). Central Intelligence Agency. (Archived 2023 edition.)
- ^ "Effectif de population à la fin du 1er trimestre 2024 | Office fédéral de la statistique". 21 June 2024.
- ^ a b c d e f "World Economic Outlook database: April 2023". imf.org. International Monetary Fund.
- ^ "People at risk of poverty or social exclusion". ec.europa.eu. Eurostat.
- ^ "Gini coefficient of equivalised disposable income - EU-SILC survey". ec.europa.eu. Eurostat. Retrieved 8 March 2024.
- ^ "Human Development Index (HDI)" (PDF). hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved 13 March 2024.
- ^ Nations, United. "Inequality-adjusted HDI (IHDI)" (PDF). hdr.undp.org. UNDP. Retrieved 13 March 2024.
- ^ "Corruption Perceptions Index". Transparency International. 30 January 2024. Archived from the original on 30 January 2024. Retrieved 15 July 2024.
- ^ "Labor force, total - Switzerland". data.worldbank.org. World Bank. Retrieved 5 November 2019.
- ^ "Employment rate by sex, age group 20-64". ec.europa.eu/eurostat. Eurostat. Retrieved 20 July 2024.
- ^ [https:// trading economics .com/ switzerland/employment-rate "Unemployment in Switzerland"]. TradingEconomics. Retrieved 6 June 2023.
{{cite web}}: Check|url=value (help) - ^ [https:// tradinge conomics. com/switzerland/youth-unemployment-rate "Youth Unemployment in Switzerland"]. Retrieved 6 June 2023.
{{cite web}}: Check|url=value (help) - ^ "Gross monthly salary (median), 2022 - Total economy, in francs".
- ^ "Income tax calculator".
- ^ "Increase in Swiss official development assistance". Swiss Agency for Development and Cooperation - SDC. 17 September 2010. Retrieved 11 October 2010.
- ^ "Sovereigns rating list". Standard & Poor's. Retrieved 26 May 2011.
- ^ a b c Rogers, Simon; Sedghi, Ami (15 April 2011). "How Fitch, Moody's and S&P rate each country's credit rating". The Guardian. Retrieved 28 May 2011.
- ^ "Scope affirms Switzerland's AAA rating with Stable Outlook". Scope Ratings. Retrieved 5 October 2024.
- ^ WIPO (2022). Global Innovation Index 2022, 15th Edition. World Intellectual Property Organization. doi:10.34667/tind.46596. ISBN 9789280534320. Retrieved 16 November 2022.
{{cite book}}:|website=ignored (help) - ^ "The Global Innovation Index 2015 : Effective Innovation Policies for Development" (PDF). Globalinnovationindex.org. Retrieved 31 March 2016.
- ^ "Switzerland ranked third in global competitiveness ranking". SWI swissinfo.ch. 16 June 2020.
- ^ "These are the world's 10 most competitive economies". World Economic Forum. 26 September 2017. Retrieved 27 September 2017.
- ^ National Accounts Main Aggregates Database, 2016 by United Nations Statistics Division
- ^ "Social Expenditure – Aggregated data". Organisation for Economic Co-operation and Development.
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