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Switzerland Economy


Economy - overview
:switzerland is a peaceful. prosperous. and stable modern market economy with low unemployment. a highly skilled labor force. and a per capita gdp larger than that of the big western european economies. the swiss in recent years have brought their economic practices largely into conformity with the eu's to enhance their international competitiveness. switzerland remains a safe haven for investors. because it has maintained a degree of bank secrecy and has kept up the franc's long-term external value. reflecting the anemic economic conditions of europe. gdp growth dropped in 2001 to about 0.8%. to 0.2% in 2002. and to -0.3% in 2003. with a small rise to 1.8% in 2004. and 1.2% in 2005. even so. unemployment has remained at less than half the eu average.

GDP (purchasing power parity)
: $262.1 billion (2005 est.)

Inflation rate:
1.2% (2005 est.)


Labor force
: 3.8 million (2005 est.)

Industries: machinery. chemicals. watches. textiles. precision instruments

Switzerland

 

 
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Switzerland Oil - production, Switzerland Electricity - production, Switzerland Labor force, Switzerland Economy - overviewSwitzerland More Facts
Electricity - production: 63.4 billion kwh (2003)

Oil - production
: 1.950 bbl/day (2003 est.)

Switzerland Oil - production, SwitzerlandElectricity - production, Switzerland Labor force, Switzerland Economy - overviewSwitzerland More Facts

Exports: $148.6 billion f.o.b. (2005 est.)

Imports
: $135 billion f.o.b. (2005 est.)
Currency (code) : swiss franc (chf)

Page Keywords: Switzerland Oil - production, Switzerland Electricity - production, Switzerland Labor force, Switzerland Economy - overview
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