Gross domestic product after types of use

The gross domestic product of Switzerland amounted to 2004 444,4 billion Swiss Franconia, which corresponds to approximately 59 ' 900 Franconias and/or 38 ' 600 euro per head.

Detail

(Data in millions CHF, nominal values at current prices, 2004)

• Consumer expenditures 322 ' 117
  • Private households 268 ' 935
  • State of 53 ' 182

• Gross investments 93 ' 767

• Domestic final demand 415 ' 884
  • and net entrance at valuable articles - 5 ' 176

• Inland demand 410 ' 708

• Exports 203 ' 993
  • Goods 148 ' 643
  • Services 55 ' 349

• Total total 614 ' 701

• Imported goods 170 ' 274
  • Goods 141 ' 816
  • Services 28 ' 458

• Gross domestic product 444 ' 425

• Unemployment (June 2005): At the end of June to 2005 were announced in Switzerland 140,661 persons as unemployed, corresponds to an unemployment ratio of 3,6%. In German German it amounted to 3.1%, while it was in the Western part of Switzerland and the Tessin about 4,9%.

Agriculture and raw materials

In the highly industrialized service state Switzerland work today less than five per cent of the population in the agriculture. Nevertheless this industry of the federation with considerable means is supported (subsidies). Agricultural production is regionally very different. In the Voralpen, alps and in law dominates cattle breeding and dairy farming, in the central country grain, potato and cultivation of carrot, in east Switzerland and in the Wallis fruit. In different areas viticulture is operated. Primarily hard cheese (Emmentaler, Greyerzer is exported, and Sbrinz). In Switzerland integrated production dominates in the agriculture. The biological cultivation amounts to about 9% of production and is strong in growing. There is no cultivation of genetically changed planting places, except to research purposes.

Switzerland is lacking in raw materials. Are diminished gravel, limestone (law), clay/tone, granite (grey federations, Tessin) and salt (Rheinfelden (Switzerland), BEX). Coal, uranium and oil were found so far only in traces. Several mines, those in the past iron ore (coffin to, Fricktal, Stechelberg), bitumen (Travers), copper (Zinal) or gold (Gondo) supplied, were meanwhile closed. An important raw material of Switzerland is water power, which covers with storage power stations and run power stations two thirds Swiss of the electricity need. See also: List of the storage reservoirs in Switzerland. In the transferred sense extremely more importantly a "raw material" is the beauty of the landscape.

Trade and industry

Industry

• traditionally: Watch-and-clock-making industry, precision instruments, mechanical engineering, apparatuses, chemistry, food
• increasingly: Pharmazeutik, medical technology

The largest part of the gross domestic product is gained in the secondary and tertiary sector.

In the secondary sector, mechanical engineering and the textile industry dominate the watch-and-clock-making industry. The latter had in 19. Century a very great importance, today is it rather a lateral branch. Admits is Switzerland besides for the production of precision instruments, apparatuses as well as for chemistry, the Pharmaindustrie, the food production and the medical technology.

Services

The tertiary sector has a ever greater importance: 72% of the employed persons worked 2003 in the service sector (15.5% in the trade, 5.7% in hotels and restaurant, 5.3% in banks and insurance).

The UBS AG like also the Credit Suisse, belonging to the largest banks of the world, have their seat in Switzerland. Both banks together had 2003 a gross yield of 60 billion Franconia.

For nearly 200 years the tourism a main industry is favoured in Switzerland, by the alps, the seas and the beauty of the country.

• Banks
  • The UBS AG is the largest bank of Switzerland and one the largest world. The gross yield 2003 amounted to 34 billion Fr.
  • The Credit Suisse is the second largest bank with a gross yield of 26.3 billion Fr. (2003).
• Insurance
• Tourism: Swiss alps form one of the points of main attraction of the world-wide tourism. Switzerland has a national park. Besides on 13 December 2001 the area virgin Aletsch Bietschhorn was registered into the list of the Unesco Weltnaturerbes.

Public expenditures

Between 1992 and 2000 lay the portion of the public expenditures for

• the health service with 20%
• the training system with 2%
• the military with 5%

Competitive ability in the international comparison

In accordance with two from each other independent rank lists Switzerland is concerning competitive ability in 8. Rank:

• World Competitiveness Scoreboard 2005:1. The USA, 2. Hong Kong, 3. Singapore, 4. Iceland, 5. Canada, 6. Finland, 7. Denmark, 8. Switzerland. Austria is in 17. Rank, Germany in 23. Rank (of 60 countries). Source: IMD Lausanne, 2005, www.imd.ch.
• Growth Competitiveness index 2005:1. Finland, 2. The USA, 3. Sweden, 4. Denmark, 5. Taiwan, 6. Singapore, 7. Iceland, 8. Switzerland. Germany is in 15. , Austria in 21. Rank (of 117 countries). Source: World Economic forum, Geneva. www.weforum.org.

See also

• Transport in Switzerland

Articles in category "Swiss economy"

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