Switzerland’s prosperous and modern market economy is buttressed by economic and political stability, a transparent legal system, a sound regulatory regime, a highly skilled labor force, an exceptionally well-developed physical and communications infrastructure, efficient capital markets, and low corporate taxes. Switzerland: economic sentiment broadly steady in july july 30, 2018 in july, the kof economic barometer—a leading composite indicator for the swiss economy forecasting a six-month period—inched down from 1013 points in june to 1011.
Switzerland supports international efforts to promote human and economic development, reduce poverty, and boost shared prosperity around the world switzerland overview toggle navigation. Switzerland: an economic overview abstract switzerland is one of the most prosperous countries in europe with a stable government, sound economy and highly skilled labor force and strong tourism, switzerland is driving force in the world economy. Switzerland is synonymous with mountains not only do they cover one third of the country’s surface area, but they are also of major historical, geopolitical and economic importance the mountains, for example, have been the selling point of the swiss tourist industry for more than 100 years.
The public debt-to-gdp ratio in switzerland has fallen considerably in recent years, from 546% in 1998 to 347% in 2014 switzerland has the lowest rate of value-added tax in europe 8% is levied on most goods and services, 38% on accommodation services, and 25% on basic necessities and other everyday items.
Switzerland supports international efforts to promote human and economic development, reduce poverty, and boost shared prosperity around the world switzerland overview. Switzerland has the second highest gross domestic product (gdp) per capita in the world at the end of 2015 swiss gdp per capita stood at chf 77,943 (approx eur 73,000 or usd 81,000) about 74% of swiss gdp is generated by the service sector and 25% by industry. The economy of switzerland is one of the world's most advanced economies the service sector has come to play a significant economic role, particularly the swiss banking industry and tourism the economy of switzerland ranks first in the world in the 2015 global innovation index and the 2017 global competitiveness report. Switzerland, a country that espouses neutrality, is a 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. Overview switzerland has one of the most competitive economies in the world thanks above all to its highly developed service sector.
Switzerland is a member of a number of international economic organizations, including the united nations, the world trade organization, the international monetary fund, the world bank, and the organisation for economic co-operation and development. Switzerland - overview of economy switzerland, by all accounts one of the most prosperous and stable market economies in the world, has a gross domestic product (gdp) per capita of $27,100, roughly one-fifth higher than the average of the large western european countries. Switzerland economic outlook august 28, 2018 the swiss economy appears to have remained in excellent shape over the second quarter, although recent data indicates a modest deceleration heading into h2 2018.