Economy

Switzerland has one of the most competitive economies in the world, mainly thanks to its highly developed services sector.

Economic sectors in Switzerland: Banking, insurance, commodity trading, tourism, chemicals and pharmaceuticals, mechanical engineering and metals, watchmaking industry, etc.

While Switzerland's energy consumption is currently still dominated by fossil fuels, the country is set to consume energy more sustainably through its Energy Strategy 2050.

Whether by rail, road or air, Switzerland's dense and efficient transport network provides a high level of mobility.

Some 98% of buildings in Switzerland have a broadband internet connection – an example of the high standard of technology in the country.

High household incomes and a stable labour market underpin comprehensive pension schemes and an excellent healthcare system.