Switzerland

Continent

Europe

Capital

Bern

Population

8,860,574

Sub-Zones

General Information

Basic details about Switzerland

Population:: 8,860,574
Area:: 41,277 sq km
Currency:: Swiss francs
Languages:: German, French, Italian, English 5.7, Portuguese 3.5, Albanian 3.3, Serbo-Croatian 2.3, Spanish 2.3, Romansh, other 7.9

Economic Overview

Key economic indicators for Switzerland

GDP:: $733.779 billion
GDP per Capita:: $82,600
GDP Growth:: 0.72%
Inflation:: 2.14%
Unemployment:: 4.05%
Public Debt:: 17.8% of GDP
Credit Rating:: AAA (1988)

Political System

Governance structure of Switzerland

Government Type:: federal republic (formally a confederation)
Head of State:: President of the Swiss Confederation Karin KELLER-SUTTER (since 1 January 2025)
Head of Government:: President of the Swiss Confederation Karin KELLER-SUTTER (since 1 January 2025)
Judiciary:: Federal Supreme Court (consists of 38 justices and 19 deputy justices organized into 7 divisions)
Administrative Divisions:: 26 cantons (cantons, singular - canton in French; cantoni, singular - cantone in Italian; Kantone, singular - Kanton in German); Aargau, Appenzell Ausserrhoden, Appenzell Innerrhoden, Basel-Landschaft, Basel-Stadt, Berne/Bern, Fribourg/Freiburg, Geneve (Geneva), Glarus, Graubuenden/Grigioni/Grischun, Jura, Luzern (Lucerne), Neuchatel, Nidwalden, Obwalden, Sankt Gallen, Schaffhausen, Schwyz, Solothurn, Thurgau, Ticino, Uri, Valais/Wallis, Vaud, Zug, Zuerich

Major Political Parties

Not specified

International Relations

Global position and alliances

UN Member:: Yes
EU Member:: No
Diplomatic Presence:: 2900 Cathedral Ave NW, Washington, DC 20008

Major Alliances and Organizations

OECD

Economic Sectors & Trade

Detailed economic breakdown

Major Economic Sectors

Agriculture

0.6% (2023 est.)

Industry

24.9% (2023 est.)

Services

71.9% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

Trade Volume

Exports:: $654.175 billion
Imports:: $556.351 billion

Major Trading Partners

Germany 14

China 12

USA 11

Italy 5

Turkey 5

Economic Outlook

Switzerland has a 0.72% GDP growth rate with 2.14% inflation. The economy is characterized by a strong agriculture sector.