IMF........................................WB.......................................CIA
rank/measure........................rank/measure........................rank/measure
6/58,513..........................6/55,035.................................8/56,111
| Economy of Switzerland | |
|---|---|
| Rank | 37th [1] |
| Currency | 1 Swiss franc (CHF 1) |
| Fiscal year | Calendar year |
| Trade organisations | EFTA, WTO and OECD |
| Statistics | |
| GDP |  $362.4 billion (PPP, 2012 est.) |
| GDP growth |  0.8% (Real, 2012 est.) |
| GDP per capita | $54,600 (PPP, 2012 est) |
| GDP by sector | agriculture (1.3%) industry (27.7%) services (71.0%) (2012 est.) |
| Inflation (CPI) | -0.7% (CPI, 2012 est.) |
| Population below poverty line | 7.9% (2010) |
| Gini coefficient | 29.6 (2010) |
| Labour force | 4.91 million (2012 est.) |
| Labour force by occupation | agriculture (3.4%) Industry (23.4%) services (73.2%) (2010) |
| Unemployment | 2.9% (2012 est.) |
| Main industries | machinery, chemicals, watches,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.
