As
per International Monetary Fund (IMF) Switzerland’s nominal gross domestic
product is expected to grow at a CAGR of 2.21% from it’s 2015 level of CHF
645.427 billion and reach CHF 751.999 billion by 2022.
Switzerland,
officially Swiss Confederation, is a federal parliamentary republic. It is
situated in Western and Central Europe, and shares its borders with Switzerland
to the north, France to the west, Italy to the south, and Austria and
Liechtenstein to the east. Since it is situated in the western and central part
of Europe, it doesn't share any sea or ocean cover on any side and it is
completely landlocked geographically. Switzerland's geographic factor is that
it is divided between the Alps, the Swiss Plateau and the Jura which span
across roughly 16,000 square miles. Zurich and Geneva, Bern are global cities
and are economic centers for various industries. Major economic contributing
factors and industries in Switzerland are Tourism, Military and Defense,
Pharmaceutics, Agriculture, Banking, Watches, Wine, Chocolate, Fashion
Accessories, and many others.
Switzerland
had population of 8.327 million in the year 2016 and expected to reach 8.936 million
by 2022. Switzerlands around 5.047 million was employed in 2016 and the
unemployment rate was 3.323% of total labor force.
Switzerlands
real gross domestic product (GDP) was CHF 661.401 billions in 2016 whereas the
nominal GDP was CHF 650.11 billions. This resulted in GDP deflator 98.293. Per
capita GDP was USD 79242.28 whereas purchasing power parity (PPP) based per
capita GDP was estimated to be at USD 48110.85.
In
2016, Switzerland governments revenue was estimated to be at CHF 212.551
billions whereas the expenditure was expected to be at CHF 213.1 billions. This
resulted Switzerland governments net lending / borrowing negative at CHF 0.549
billion in 2016 indicating that enough financial resources were not made
available by the government to boost economic growth.
The
current account balance for Switzerland was USD 294.78.93 billions for the year
2016 and is expected to decline at a CAGR of 2.43% and reach USD 65.055 by
2022. This positive current account balance indicates the Switzerland is net
lender to the whole world.
Scope of the Switzerlands PESTEL Analysis, SWOT Analysis and
Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Switzerlands.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Switzerlands.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Switzerlands.
- These reports provide risk analysis for Switzerlands.
For
more information and to purchase Switzerlands
PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/switzerland-pestel-analysis-market-research-report
For
more information and to purchase Switzerlands
SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/switzerland-swot-analysis-market-research-report
For
more information and to purchase Switzerlands
Risk Analysis Market Research Report
please visit: https://www.marketresearchreports.com/market-research-reports-inc/switzerland-risk-analysis-market-research-report
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