The financial centre and the economy

A large quantity of five-Swiss-franc coins
Symbol of the national economy: the Swiss franc © FDFA, Presence Switzerland/Swissmint

The financial sector and exports are central pillars of the Swiss economy. Switzerland has one of the best regulated and monitored financial centres in the world. It applies UN sanctions, is committed to the fight against organised crime and terrorism, and cooperates on international taxation matters.

The Swiss financial sector makes an important contribution to GDP and creates jobs. In 2015 the added value generated by the Swiss financial sector – some CHF 61 billion – accounted for 9.5% of GDP. Approximately 215,000 people worked in the financial sector in 2015, which corresponds to 5.6% of all jobs in Switzerland. Swiss exports that same year amounted to CHF 202.9 billion, representing over a third of GDP.

International cooperation on taxation

Switzerland is working together with other countries to develop international standards in the area of taxation and to build closer cooperation with other countries.

Trade and export promotion

Export promotion and protection of investments for Swiss companies in Switzerland and abroad; promoting Switzerland as a business location via the Swiss Business Hubs.

Illicitly acquired assets of politically exposed persons

Swiss laws prohibit the investment of illicitly acquired assets of politically exposed persons (PEPs) in the Swiss financial centre.

Fighting money laundering and terrorist financing

Switzerland is committed to fighting money laundering and terrorist financing both nationally and internationally.

Corruption

Switzerland plays an active role, both nationally and internationally, in the fight against corruption.