Thursday, February 27, 2014

Rank and Economy

The rank of Switzerland from the poorest is 182 and from the  richest is 4 with gdp per capita using atlas methods in 2003 is 39,880 $. In other measurements IMF,WB and CIA using nominal methods in 2007,2007, 2008
IMF........................................WB.......................................CIA
rank/measure........................rank/measure........................rank/measure
6/58,513..........................6/55,035.................................8/56,111

Economy of Switzerland
Rank37th [1]
CurrencySwiss franc (CHF 1)
Fiscal yearCalendar year
Trade organisationsEFTAWTO and OECD
Statistics
GDPIncrease $362.4 billion (PPP, 2012 est.)
GDP growthDecrease 0.8% (Real, 2012 est.)
GDP per capitaIncrease $54,600 (PPP, 2012 est)
GDP by sectoragriculture (1.3%)
industry (27.7%)
services (71.0%) (2012 est.)
Inflation (CPI)Decrease-0.7% (CPI, 2012 est.)
Population
below poverty line
Increase7.9% (2010)
Gini coefficientDecrease 29.6 (2010)
Labour force4.91 million (2012 est.)
Labour force
by occupation
agriculture (3.4%)
Industry (23.4%)
services (73.2%) (2010)
UnemploymentIncrease2.9% (2012 est.)
Main industriesmachinerychemicalswatches,textiles, precision instruments, tourism, banking, insurance
Ease of doing business rank
The economy of Switzerland is one of the world's most stable economies. Its policy of long-term monetary security and political stability has made Switzerland a safe haven for investors, creating an economy that is increasingly dependent on a steady tide of foreign investment.
Because of the country's small size and high labor specialization, industry and trade are the keys to Switzerland's economic livelihood. Switzerland has achieved one of the highest per capita incomes in the world with low unemployment rates and a balanced budget. The service sector has also come to play a significant economic role.
In the early 2000s recession, being so closely linked to the economies of Western Europe and the United States, Switzerland was not able to escape the slowdown felt in these countries. After the worldwide stock market crashes in the wake of the 9/11 terrorism attacks there were more announcements of false enterprise statistics and exaggerated managers' wages. In 2001 the rate of growth dropped to 1.2%, to 0.4% in 2002 and in 2003 the real GDP contracted by 0.2%. That economic slowdown had a noticeable impact on the labour market.