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The national currency is the Swiss franc. The symbol used for this currency is Fr, abbreviated to CHF. 5% of the country's population is unemployed. The total number of unemployed in Switzerland is 427,202. Switzerland exports around 229.2 billion dollars a year and imports around 200.5 billion dollars. The country's Gini index is 28.7. Switzerland has a Human Development Index (HDI) of 0.917. The Global Peace Index (GPI) for Switzerland is 1.275. Switzerland has a national debt equal to 52.4% of the country's gross domestic product (GDP) as estimated in 2011. Switzerland is considered a developed nation. A nation's stage of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. The main industries in the country are machinery, chemicals, watches, textiles, precision instruments, tourism, banking and insurance.
The total gross domestic product (GDP) calculated as purchasing power parity (PPP) in Switzerland is 473.331 billion US dollars. Every year, consumers spend around $365,453 million. The ratio of consumer spending to GDP in Switzerland is 0% and the ratio of consumer spending to the world consumer goods market is 0.85. Corporate income tax in Switzerland is 16.55%. Personal income tax ranges from 0% to 13.2% depending on your specific situation and income level. VAT in Switzerland is 8%.
https://www.confiduss.com/en/jurisdictio...erland/economy/
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