Switzerland Economic Statistics and Indicators

23, Sep 2018, EDT. Welcome to the Switzerland economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Switzerland › Change country
National or Regional Currency: Swiss Franc, CHF
Year of data: 2015 › Change year
Number of Indicators Listed: 40
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 8,061,516 (July 2014 est.)
Area: total: 41,277 sq km ; land: 39,997 sq km ; water: 1,280 sq km
Natural Resources: hydropower potential, timber, salt
Capital: name: Bern ; geographic coordinates: 46 55 N, 7 28 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy began to recover in 2010. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safe-haven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year during 2011-13. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and is considering the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy.
More on the Switzerland Economy
More on the Switzerland Export, Import and Trade

Economic Indicator Listing
  For Switzerland in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 0.855 %
GDP (Current Prices, National Currency)CHF 639.602 Billion.
GDP (Current Prices, US Dollars)US$ 664.603 Billion
GDP Deflator 97.976 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)CHF 79,244.00 .
GDP Per Capita (Current Prices, National Currency)CHF 77,640.41 .
GDP Per Capita (Current Prices, US Dollars)US$ 80,675.31
GDP (PPP), US DollarsUS$ 482.347 Billion
GDP Per Capita (PPP), US DollarsUS$ 58,551.46
GDP Share of World Total (PPP) 0.425 %
Implied PPP Conversion Rate 1.326
Investment (% of GDP) 21.864 %
Gross National Savings (% of GDP) 33.273 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 100.614 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) -1.14 %
Inflation, End of Year (Indexed to Year 2000) 100.128 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) -1.318 %
Import Volume of All Items Including Goods and Services (Percent Change) 2.527 %
Import Volumes of Goods Only (Percent Change) 0.751 %
Export Volume of All Items Including Goods and Services (Percent Change) 3.143 %
Export Volumes of Goods Only (Percent Change) 4.346 %
Unemployment Rate (% of Labour Force) 3.304 %
Employment 4.962 Million
Population 8.238 Million
General government revenue (National Currency)CHF 209.381 Billions.
General government revenue (% of GDP) 32.736 %
General government total expenditure (National Currency)CHF 210.885 Billions.
General government total expenditure (% of GDP) 32.971 %
Total Government Net Lending/ Borrowing (National Currency)CHF -1.504 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -0.235 %
General Government Structural Balance (National Currency)CHF -- Billion.
General Government Structural Balance (% Potential GDP) -- %
Fiscal Year Gross Domestic Product, Current PricesCHF 639.602 Billions.
Current Account Balance (US Dollars)US$ 75.822 Billion
Current Account Balance (% GDP) 11.409 %
Economic Indicators for Switzerland 2015

GDP (Constant Prices, National Currency) for Switzerland in year 2015 is CHF 652.812 Billion.

GDP Growth (Constant Prices, National Currency) for Switzerland in year 2015 is 0.855 %.

GDP (Current Prices, National Currency) for Switzerland in year 2015 is CHF 639.602 Billion.

GDP (Current Prices, US Dollars) for Switzerland in year 2015 is US$ 664.603 Billion.

GDP Deflator for Switzerland in year 2015 is 97.976 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Switzerland in year 2015 is CHF 79,244.00 .

GDP Per Capita (Current Prices, National Currency) for Switzerland in year 2015 is CHF 77,640.41 .

GDP Per Capita (Current Prices, US Dollars) for Switzerland in year 2015 is US$ 80,675.31 .

GDP (PPP), US Dollars for Switzerland in year 2015 is US$ 482.347 Billion.

GDP Per Capita (PPP), US Dollars for Switzerland in year 2015 is US$ 58,551.46 .

GDP Share of World Total (PPP) for Switzerland in year 2015 is 0.425 %.

Implied PPP Conversion Rate for Switzerland in year 2015 is 1.326 .

Investment (% of GDP) for Switzerland in year 2015 is 21.864 %.

Gross National Savings (% of GDP) for Switzerland in year 2015 is 33.273 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Switzerland in year 2015 is 100.614 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Switzerland in year 2015 is -1.14 %.

Inflation, End of Year (Indexed to Year 2000) for Switzerland in year 2015 is 100.128 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Switzerland in year 2015 is -1.318 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Switzerland in year 2015 is 2.527 %.

Import Volumes of Goods Only (Percent Change) for Switzerland in year 2015 is 0.751 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Switzerland in year 2015 is 3.143 %.

Export Volumes of Goods Only (Percent Change) for Switzerland in year 2015 is 4.346 %.

Unemployment Rate (% of Labour Force) for Switzerland in year 2015 is 3.304 %.

Employment for Switzerland in year 2015 is 4.962 Million .

Population for Switzerland in year 2015 is 8.238 Million .

General government revenue (National Currency) for Switzerland in year 2015 is CHF 209.381 Billions.

General government revenue (% of GDP) for Switzerland in year 2015 is 32.736 %.

General government total expenditure (National Currency) for Switzerland in year 2015 is CHF 210.885 Billions.

General government total expenditure (% of GDP) for Switzerland in year 2015 is 32.971 %.

Total Government Net Lending/ Borrowing (National Currency) for Switzerland in year 2015 is CHF -1.504 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Switzerland in year 2015 is -0.235 %.

General Government Structural Balance (National Currency) for Switzerland in year 2015 is CHF -- Billion.

General Government Structural Balance (% Potential GDP) for Switzerland in year 2015 is -- %.

Fiscal Year Gross Domestic Product, Current Prices for Switzerland in year 2015 is CHF 639.602 Billions.

Current Account Balance (US Dollars) for Switzerland in year 2015 is US$ 75.822 Billion.

Current Account Balance (% GDP) for Switzerland in year 2015 is 11.409 %.

* Source: IMF
Aggregate Indicators for Switzerland
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Switzerland
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Switzerland
  Natural Resources, Agricultural Products, Land Use and Water Use for Switzerland
  Nationality, Ethnic Groups, Languages and Religions for Switzerland
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Switzerland
  Age Structure, Median Age, Gender and Urbanization for Switzerland
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Switzerland
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Switzerland
  HIV, AIDS and Other Major Infectious Disease Rates for Switzerland
  Literacy Rate, Educational Expenditure and School Life Expectancy for Switzerland
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Switzerland
  Industries and Industrial Growth Production Rate for Switzerland
  Labor Force by Occupation for Switzerland
  Poverty Line, Gini Index, Household Income and Consumption for Switzerland
  National Budget and Public Debt for Switzerland
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Switzerland
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Switzerland
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Switzerland
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Switzerland
  Foreign Exchange Reserves and Gold Reserves for Switzerland
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Switzerland
  Exchange Rate Statistics for Switzerland
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Switzerland
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Switzerland
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Switzerland
  Television and Radio Statistics (TV Stats, Radio Stats) for Switzerland
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Switzerland
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Switzerland
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Switzerland
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Switzerland
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Switzerland
* Source: CIA
Internet Indicators for Switzerland
Indicators
  Number of Internet Users for Switzerland
  Internet Penetration Rate for Switzerland
  Number of Facebook Accounts for Switzerland
  Facebook Penetration Rate for Switzerland
* Source: IWS
Economic Freedom Indicators for Switzerland
Indicators
  Economic Freedom World Rank for Switzerland
  Government Spending for Switzerland
  Monetary Freedom for Switzerland
  Investment Freedom for Switzerland
  Financial Freedom for Switzerland
  Property Rights for Switzerland
  Economic Freedom Regional Ranking for Switzerland
  Freedom from Corruption for Switzerland
  Labor Freedom for Switzerland
  Tariff Rate for Switzerland
  Income Tax Rate for Switzerland
  Corporate Tax Rate for Switzerland
  Tax Burden % of GDP for Switzerland
  Government Expenditure % of GDP for Switzerland
  Business Freedom for Switzerland
  Trade Freedom for Switzerland
  Fiscal Freedom for Switzerland
  2016 Score for Switzerland
* Source: HFO
Switzerland Economic Indicators in other Years
  Switzerland Economic Indicators for Year 2021 (Forecast)
  Switzerland Economic Indicators for Year 2020 (Forecast)
  Switzerland Economic Indicators for Year 2019 (Forecast)
  Switzerland Economic Indicators for Year 2018 (Forecast)
  Switzerland Economic Indicators for Year 2017 (Forecast)
  Switzerland Economic Indicators for Year 2016 (Forecast)
Switzerland Economic Indicators for Year 2015 (Current)
  Switzerland Economic Indicators for Year 2014
  Switzerland Economic Indicators for Year 2013
  Switzerland Economic Indicators for Year 2012
  Switzerland Economic Indicators for Year 2011
  Switzerland Economic Indicators for Year 2010
  Switzerland Economic Indicators for Year 2009
  Switzerland Economic Indicators for Year 2008
  Switzerland Economic Indicators for Year 2007
  Switzerland Economic Indicators for Year 2006
  Switzerland Economic Indicators for Year 2005
  Switzerland Economic Indicators for Year 2004
  Switzerland Economic Indicators for Year 2003
  Switzerland Economic Indicators for Year 2002
  Switzerland Economic Indicators for Year 2001
  Switzerland Economic Indicators for Year 2000
  Switzerland Economic Indicators for Year 1999
  Switzerland Economic Indicators for Year 1998
  Switzerland Economic Indicators for Year 1997
  Switzerland Economic Indicators for Year 1996
  Switzerland Economic Indicators for Year 1995
  Switzerland Economic Indicators for Year 1994
  Switzerland Economic Indicators for Year 1993
  Switzerland Economic Indicators for Year 1992
  Switzerland Economic Indicators for Year 1991
  Switzerland Economic Indicators for Year 1990
  Switzerland Economic Indicators for Year 1989
  Switzerland Economic Indicators for Year 1988
  Switzerland Economic Indicators for Year 1987
  Switzerland Economic Indicators for Year 1986
  Switzerland Economic Indicators for Year 1985
  Switzerland Economic Indicators for Year 1984
  Switzerland Economic Indicators for Year 1983
  Switzerland Economic Indicators for Year 1982
  Switzerland Economic Indicators for Year 1981
  Switzerland Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International