About the Swiss Economy

Aerial view of containers at the Swissterminal for combined freight transport by ship, train and truck
Swissterminal for combined freight transport by ship, train and truck, Niederglatt. © FDFA, Presence Switzerland

Purchase power stability achieved through traditionally low inflation, low long-term capital costs, a good investment climate, sound public finances and almost no labour strikes guarantee the prosperity and stability of the Swiss economy.

The strength of the Swiss economy is largely due to its international outreach and strong intertwining with the economies of other countries. Switzerland has one of the highest export rates as a percentage of gross domestic product. Highly specialised and flexible small and medium-sized companies characterise the technologically advanced industrial sector.

With a per capita gross national product ranking the second highest worldwide, Switzerland is a prominent player in the world economy.

About the Swiss economy

Statistical data

Monetary statistics

WEF Global Competitiveness Report

The World Economic Forum (WEF) is an independent international organisation committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas.

In the Global Competitiveness Report 2018, Switzerland came in fourth overall behind the US, Singapore and Germany, and just ahead of Japan. Switzerland topped the ranking for the past nine years based on the previous methodology (version 3.0). This drop in the ranking is more a reflection of methodological changes than a worsening of Switzerland’s own performance. One area where Switzerland performs well is innovation capability, coming in third overall behind Germany and the US. It ranks first for international co-inventions, and second for multi-stakeholder collaboration. Switzerland also excels when it comes to the labour market, with the best quality of vocational skills in the world.

WEF Global Competitiveness Report 2018