Switzerland

Switzerland has built one of the world's most prosperous economies, aided by the fact it has maintained neutral status - it remains outside the EU.

Economic Strengths

Low interest rates, falling inflation & low unemployment. Highly skilled labour force & high GDP per capita.

Economic Weaknesses

Protected cartels in electricity, energy, postal and telecommunications services. Highly subsidized agricultural sector. Reliance on financial & business services. Inflation expected to rise during 2008.

Population 7,557,520
Capital city Bern
Currency Swiss franc
World GNP Ranking 36
Unemployment 3.1%
Inflation 1.17%

 

Source: Central Intelligence Agency; The World Factbook, March 2009