Population (2018): 8,510,000
Gross National Income, Atlas method (Current USD) (Billions) (2018): $718.91
GNI per capita, Atlas method (Current USD) (2018): $84,430
Income Share Held by Lowest 20% (2018): 7.7%
Gross Domestic Product (Current USD) (Billions) (2018): $705.14
Source: World Bank. Country Profile: Switzerland. World Development Indicators. Last accessed Nov. 11, 2020.
Gross Domestic Product Per Capita (Current USD) (2010-2018): $80,333.40
Share of Household Income (2010-2018):
Bottom 40%: 20.3%; Top 20%: 40.2%; Bottom 20%: 7.8%
Gini Coefficient (2010-2018): 32.3
Palma Index of Income Inequality (2010-2018): NA
Source: UNICEF (2019). The State of the World’s Children 2019. Children, Food and Nutrition: Growing well in a changing world. UNICEF, New York.
“Switzerland is an economically stable and prosperous country with a GDP per capita among the highest in Europe and the world. It has a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Switzerland has few natural or mineral resources (hydroelectric power being a notable exception). Principal products are machinery, precision instruments, chemicals, pharmaceuticals, watches, jewellery, textiles and foodstuffs.
“Since 2004, high exports, stable domestic consumption and a strong financial sector have contributed to stable economic growth. Only in 2009, GDP declined in the wake of the financial crisis of 2008. Yet, despite the importance of the financial sector, the Swiss economy recovered swiftly and, in 2010, GPD growth rates were already as high as 2.9% (see Table 1.3). Switzerland’s economy has continued to grow in recent years and its purchasing power parity (PPP) was around US$ 53 700 per capita in 2013. The total labour force in 2013 was about 4.7 million and the unemployment rate was at 4.4% (see Table 1.3), which is very low by international standards.”
Source: De Pietro C, Camenzind P, Sturny I, Crivelli L, Edwards-Garavoglia S, Spranger A, Wittenbecher F, Quentin W. Switzerland: Health system review. Health Systems in Transition, 2015; 17(4):1–288.
Health Systems Facts is a project of the Real Reporting Foundation. We provide reliable statistics and other data from authoritative sources regarding health systems in the US and several other nations.
Page last updated March 22, 2021 by Doug McVay, Editor.