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    Switzerland Index 2006

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    Switzerland Economy - 2006
    https://theodora.com/wfbcurrent/switzerland/switzerland_economy.html
    SOURCE: 2006 CIA WORLD FACTBOOK

      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 safehaven 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 2004-05. Even so, unemployment has remained at less than half the EU average.

      GDP (purchasing power parity):
      $264.1 billion (2005 est.)

      GDP (official exchange rate):
      $367 billion (2005 est.)

      GDP - real growth rate:
      1.8% (2005 est.)

      GDP - per capita (PPP):
      $35,300 (2005 est.)

      GDP - composition by sector:
      agriculture: 1.5%
      industry: 34%
      services: 64.5% (2003 est.)

      Labor force:
      3.8 million (2005 est.)

      Labor force - by occupation:
      agriculture: 4.6%
      industry: 26.3%
      services: 69.1% (1998)

      Unemployment rate:
      3.8% (2005 est.)

      Population below poverty line:
      NA%

      Household income or consumption by percentage share:
      lowest 10%: 2.6%
      highest 10%: 25.2% (1992)

      Distribution of family income - Gini index:
      33.1 (1992)

      Inflation rate (consumer prices):
      1.2% (2005 est.)

      Investment (gross fixed):
      21.2% of GDP (2005 est.)

      Budget:
      revenues: $138.1 billion
      expenditures: $143.6 billion; including capital expenditures of $NA (2005 est.)

      Public debt:
      53.3% of GDP (2005 est.)

      Agriculture - products:
      grains, fruits, vegetables; meat, eggs

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

      Industrial production growth rate:
      3.9% (2005 est.)

      Electricity - production:
      63.4 billion kWh (2003)

      Electricity - consumption:
      55.86 billion kWh (2003)

      Electricity - exports:
      33.2 billion kWh (2003)

      Electricity - imports:
      30.1 billion kWh (2003)

      Oil - production:
      1,950 bbl/day (2003 est.)

      Oil - consumption:
      258,900 bbl/day (2003 est.)

      Oil - exports:
      10,420 bbl/day (2001)

      Oil - imports:
      289,500 bbl/day (2001)

      Natural gas - production:
      0 cu m (2003 est.)

      Natural gas - consumption:
      3.209 billion cu m (2003 est.)

      Natural gas - exports:
      0 cu m (2001 est.)

      Natural gas - imports:
      3.093 billion cu m (2001 est.)

      Current account balance:
      $49.66 billion (2005 est.)

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

      Exports - commodities:
      machinery, chemicals, metals, watches, agricultural products

      Exports - partners:
      Germany 20.2%, US 10.5%, France 8.7%, Italy 8.3%, UK 5.1%, Spain 4% (2004)

      Imports:
      $135 billion f.o.b. (2005 est.)

      Imports - commodities:
      machinery, chemicals, vehicles, metals; agricultural products, textiles

      Imports - partners:
      Germany 32.8%, Italy 11.3%, France 9.9%, US 5.2%, Netherlands 5%, Austria 4.3% (2004)

      Reserves of foreign exchange and gold:
      $74.62 billion (2004 est.)

      Debt - external:
      $856 billion (30 June 2005)

      Economic aid - donor:
      ODA, $1.1 billion (1995)

      Currency (code):
      Swiss franc (CHF)

      Exchange rates:
      Swiss francs per US dollar - 1.2452 (2005), 1.2435 (2004), 1.3467 (2003), 1.5586 (2002), 1.6876 (2001)

      Fiscal year:
      calendar year


      NOTE: The information regarding Switzerland on this page is re-published from the 2006 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Switzerland Economy 2006 information contained here. All suggestions for corrections of any errors about Switzerland Economy 2006 should be addressed to the CIA.

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    https://theodora.com/wfbcurrent/switzerland/switzerland_economy.html

    Revised 06-Jun-06
    Copyright © 2006 Photius Coutsoukis (all rights reserved)


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