OECD - OECD Economic Surveys: Switzerland 2019
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OECD (2019), OECD Economic Surveys: Switzerland 2019 , OECD Publishing, Paris, https://doi.org/10.1787/7e6fd372-en .
This Survey is published on the responsibility of the Economic and Development Review Committee of the OECD, which is charged with the examination of the economic situation of member countries.
The economic situation and policies of Switzerland were reviewed by the Committee on 26 September 2019. The draft report was then revised in light of the discussions and given final approval as the agreed report of the whole Committee on 15 October 2019.
The Secretariats draft report was prepared for the Committee by Christine Lewis and Patrice Ollivaud under the supervision of Vincent Koen. It benefitted from contributions by Thomas Chalaux, Andrs Fuentes Hutfilter, Yvan Guillemette and Marius Luske. Research assistance was provided by Lutcia Daniel. Editorial assistance was provided by Michelle Ortiz and Sisse Nielsen.
The previous Survey of Switzerland was issued in November 2017.
Information about the latest as well as previous Surveys and more information about how Surveys are prepared is available at http://www.oecd.org/eco/surveys
Basic Statistics of Switzerland, 2018 | |||||
|---|---|---|---|---|---|
Numbers in parentheses refer to the OECD average | |||||
LAND, PEOPLE AND ELECTORAL CYCLE | |||||
Population (million) | 8.5 | Population density per km | 215.5 | (37.8) | |
Under 15 (%) | 14.9 | (17.8) | Life expectancy (years, 2017) | 83.6 | (80.1) |
Over 65 (%) | 18.6 | (17.1) | Men (2017) | 81.7 | (77.5) |
Foreign born (%) | 29.6 | Women (2017) | 85.6 | (82.9) | |
Latest 5-year average growth (%) | 1.0 | (0.6) | Latest general election | October 2019 | |
ECONOMY | |||||
Gross domestic product (GDP) | Value added shares (%) | ||||
In current prices (billion USD) | 705.8 | Primary sector | 0.7 | (2.4) | |
In current prices (billion CHF) | 689.9 | Industry including construction | 25.8 | (27.5) | |
Latest 5-year average real growth (%) | 2.0 | (2.3) | Services | 73.5 | (70.1) |
Per capita (000 USD PPP) | 68.1 | (46.4) | |||
GENERAL GOVERNMENT | |||||
Per cent of GDP | |||||
Expenditure | 33.7 | (41.1) | Gross financial debt (2017) | 42.9 | (112.3) |
Revenue | 35.1 | (38.2) | Net financial debt (2017) | -10.2 | (69.6) |
EXTERNAL ACCOUNTS | |||||
Exchange rate (CHF per USD) | 0.98 | Main exports (% of total merchandise exports) | |||
PPP exchange rate (USA = 1) | 1.19 | Chemicals and related products, n.e.s. | 34.4 | ||
In per cent of GDP | Commodities and transactions, n.e.s. | 21.4 | |||
Exports of goods and services | 66.2 | (56.0) | Miscellaneous manufactured articles | 19.7 | |
Imports of goods and services | 53.9 | (51.9) | Main imports (% of total merchandise imports) | ||
Current account balance | 10.5 | (0.3) | Commodities and transactions, n.e.s. | 22.8 | |
Net international investment position | 127.2 | Machinery and transport equipment | 19.5 | ||
Miscellaneous manufactured articles | 19.5 | ||||
LABOUR MARKET, SKILLS AND INNOVATION | |||||
Employment rate (aged 15 and over, %) | 80.1 | (68.4) | Unemployment rate, Labour Force Survey (aged 15 and over, %) | 4.7 | (5.3) |
Men | 84.5 | (76.0) | Youth (aged 15-24, %) | 7.9 | (11.1) |
Women | 75.7 | (60.9) | Long-term unemployed (1 year and over, %) | 1.8 | (1.5) |
Participation rate for 15-64 year-olds (%) | 84.2 | (72.4) | Tertiary educational attainment (aged 25-64, %, | 43.7 | (36.9) |
Average hours worked per year | 1 459 | (1 734) | Gross domestic expenditure on R&D (% of GDP, 2015, OECD: 2016) | 3.4 | (2.5) |
ENVIRONMENT | |||||
Total primary energy supply per capita (toe, 2017) | 2.8 | (4.1) | CO2 emissions from fuel combustion per capita (tonnes, 2016) | 4.5 | (9.0) |
Renewables (%, 2017) | 22.4 | (10.2) | Water abstractions per capita (1 000 m, 2012) | 0.3 | |
Exposure to air pollution (more than 10 g/m of PM 2.5, % of population, 2017) |
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