Economy

Swiss economy – Overview

One of the most competitive economies in the world at a glance: facts, figures and articles on business, exports, taxes and public finance.

Telecommunications

Switzerland's ultra-modern radio and television, mobile, fixed network and broadband infrastructure makes it a highly attractive location for businesses.

Swiss financial centre

A global leader in wealth management, Switzerland's banks, insurance providers and pension funds generate around 10% of the country's value-added.

Energy

The Federal Council is pursuing plans to free Switzerland from reliance on imported, non-renewable energy. Its Energy Strategy 2050 seeks to reduce consumption and increase the share of renewables.

Sectors

The Swiss economy is service-oriented, but also has a strong, export-focused industrial sector. Swiss watches, which are a product of this sector, are known worldwide for their high quality.

Transport

Even though Switzerland tops the world rankings for rail travel by passenger-kilometres per capita, the car remains the country's favourite means of transport. For freight transport, efforts are under way to shift from road to rail.

Social Aspects

Switzerland's stable labour market and low unemployment rate account for a high GDP per capita, excellent healthcare and a social security system that leaves no one behind.