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Agriculture > products
grains, fruits, vegetables; meat, eggs |
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Budget > Expenditures
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$20.00
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[20th of 221]
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Currency
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Swiss franc |
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Debt > External
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$10.00
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[10th of 198]
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Distribution of family income > Gini index
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90
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[90th of 122]
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Economic freedom
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15 |
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[15th of 156]
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Economic importance
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18 |
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[18th of 25]
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Economy > Overview
Switzerland is a peaceful, prosperous, and stable modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP larger than that of the big Western European economies. The Swiss in recent years have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness. Switzerland remains a safehaven for investors, because it has maintained a degree of bank secrecy and has kept up the franc's long-term external value. Reflecting the anemic economic conditions of Europe, GDP growth stagnated during the 2001-03 period, improved during 2004-05 to 1.8% annually and to 2.9% in 2006. Even so, unemployment has remained at less than half the EU average. |
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Exports
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$20.00
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[20th of 221]
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GDP
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18
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...
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[18th of 188]
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GDP > PPP
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$34.00 |
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[34th of 163]
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GDP > Real growth rate
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165 %
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[165th of 211]
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GDP per capita in 1950
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$2.00 |
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[2nd of 52]
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GDP per capita in 1973
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$1.00 |
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[1st of 52]
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Gross National Income
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$15.00 |
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[15th of 0]
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Human Development Index
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7 |
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[7th of 0]
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Income distribution > Richest 10%
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86% |
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[86th of 114]
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Inflation rate (consumer prices)
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199 %
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[199th of 219]
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World Trade > Imports > Mech transmission equipment
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20 |
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[20th of 137]
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World Trade > Imports > Mechanical handling equipment
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12 |
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[12th of 146]
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... View all Economy stats
SOURCES: ; Expenditures calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms
; The national medium of exchange and its basic sub-unit.
; Total public and private debt owed to non-residents repayable in foreign currency, goods, or services.
; This index measures the degree of inequality in the distribution of family income in a country. The index is calculated from the Lorenz curve, in which cumulative family income is plotted against the number of families arranged from the poorest to the ric
; Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.; Globalpolicy.org; This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.
; The total US dollar amount of exports on an f.o.b. (free on board) basis.
; GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.; Purchasing Power Parity (PPP) in Millions of International Dollars, 2004.; GDP growth on an annual basis adjusted for inflation and expressed as a percent.
; GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop).; The human development index values in this table were calculated using a consistent methodology and consistent data series. They are not strictly comparable with those in earlier Human Development Reports.; Share of income or consumption (%). The distribution of income is typically more unequal than the distribution of consumption.; This entry furnishes the annual percent change in consumer prices compared with the previous year's consumer prices.
; Imports of Mech transmission equipment, by country, in thousands USD; Imports of Mechanical handling equipment, by country, in thousands USD
ALTERNATIVE NAMES:
Switzerland, Swiss Confederation, Schweizerische Eidgenossenschaft, Confederation Suisse, Confederazione Svizzera, Schweiz, Suisse, Svizzera
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