Switzerland Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Switzerland; country and population overview  DATA ON GDP AND ECONOMIC INFORMATION  DATA ON TRADE AND COMPETITIVENESS | Current account balance |  | US$ 78.6 billion (2010 estimate)(After 2008) | | Current account balance by percentage of GDP |  | 13.2% of GDP (2010 estimate)(2009) | | Exports as percent of GDP (Exports of goods and services) |  | 54.9% (2007) (Data released on December 2010) | | Shares in world total merchandising export |  | 1.28%(2007) (Data were released in Nov 2011 and refer to 2010) | | Shares in world total commercial services export |  | 2.11%(2007) (Data were released in Nov 2011 and refer to 2010) | | Total exports |  | US$232.6 billion f.o.b. (2010 estimate) | | Export commodities |  | machinery, chemicals, metals, watches, agricultural products | | Total imports |  | US$212.8 billion f.o.b. (2008 estimate) | | Import commodities |  | machinery, chemicals, vehicles, metals; agricultural products, textiles | | Exports - major partners |  | Germany 20.3%, US 9.7%, Italy 8.7%, France 8.4%, UK 5.1% (2007) | | Imports - major partners |  | Germany 32.6%, Italy 10.8%, France 9.5%, US 5.8%, Netherlands 4.6%, Austria 4.2%, UK 4.2% (2007) | | FDI inflows |  | | 2008 | 2009 | 2010 | | | US$15,149 million | US$26,964 million(2009) | US$-6,561 million(2009) | |
| | FDI outflows |  | | 2008 | 2009 | 2010 | | | US$55,305 million | US$33,251 million | US$58,253 million | |
| | Value of cross-border M&A, by country of purchaser |  | | 2008 | 2009 | 2010 | 2011 | | US$45,362 million | US$7,385 million(2009) | US$10,184 million(2009) | US$8,994 million |
| | Cross-border M&A deals worth over $3 billion completed in 2008 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal) |  | Novartis AG, Alcon Inc, United States, $10.5 billion Roche Holding AG, Ventana Medical Systems Inc, United States, $3.7 billion
(for a monthly update on M&A click here ) | | Cross-border M&A deals worth over $3 billion completed in 2010 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal) |  | Nestlé SA, Kraft Foods Inc, United States, $3.7 billion (2008 estimate) (for a monthly update on M&A click here ) | Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.) |  | Overall ranking: 27 out of 183 countries(2009) (2010) Subcategories: Starting a business: 80 out of 183 countries(2009) Registering property: 14 out of 183 countries Paying Taxes: 16 out of 183 countries Getting credit: 15 out of 183 countries Protecting investors: 167 out of 183 countries Trading across border: 43 out of 183 countries Enforcing Contracts: 28 out of 183 countries (2010) | Global competitiveness ranking (ranking by country on a basis of 142, the first is the best) |  | 1 (2011/2012) | Index of Economic Freedom WSJ and Heritage Foundation |  | Ranking: 5 Score: 81.9 (Free) (2009) (100=totally free 0=totally repressed ) |
 COUNTRY AND POPULATION OVERVIEW | Time zone |  | UTC+1 | | Total area |  | 41,277 km2 (2006) | | Capital |  | Bern (2009) | | Currency |  | Swiss francs (CHF) (2009) | | Government type |  | formally a confederation but similar in structure to a federal republic (2009) | | Languages |  | German (official) 63.7%, French (official) 20.4%, Italian (official) 6.5%, Serbo-Croatian 1.5%, Albanian 1.3%, Portuguese 1.2%, Spanish 1.1%, English 1%, Romansch (official) 0.5%, other 2.8% (2000 census) | | Religions |  | Roman Catholic 41.8%, Protestant 35.3%, Muslim 4.3%, Orthodox 1.8%, other Christian 0.4%, other 1%, unspecified 4.3%, none 11.1% (2000 census) | | Total population |  | | 1980 | 1990 | 2000 | 2010* | 2015** | | 6.32 million | 6.71 million | 7.18 million | 7.79 million | 8.03 million |
*Estimate **Forecast | | Urban population as % of total population |  | | 1960 | 1980 | 2000 | 2009 | | 51% | 57.1% | 73.3% | 73.5% |
| | Population median age |  | 40.0 years (2006) | | Population growth rate |  | 1.1% (2009) | | Life expectancy |  | 82 years (2007) | | Adult literacy |  | N/A | | % of population living on less than $2 a day |  | N/A | | Inequality of wealth distribution (Gini index) |  | 33.7 (2000) (0=perfect equality, 100=absolute inequality) | | Freedom House rating |  | Political Rights:1 Civil Liberties:1 (2010) (1 represents the most free, 7 the least free) | | Total telephone subscribers as % of population |  | 182.18% (2010) (sum of fixed telephone lines and mobile cellular subscribers) | | Internet users as % of total population |  | 83.9% (Data were released in 2011 and refer to 2010) | | Cost of living index (ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive) |  | Bern: 16th (2011) | CO2 emissions (Metric tons of CO2 per capita) |  | 5.3561 (2008) |
 GLOBAL FINANCE RANKINGS AND AWARDS WORLD'S BEST FOREIGN EXCHANGE BANKS2010:- COUNTRY WINNERS Credit Suisse (National, 2010)
2009:- COUNTRY WINNERS Credit Suisse (National, 2009)
WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS2011:- COUNTRY WINNERS Credit Suisse (National, 2011)
2010:- COUNTRY WINNERS Credit Suisse (National, 2010)
2009:- COUNTRY WINNERS Credit Suisse (National, 2009)
WORLD'S BEST DEVELOPED MARKET BANKS2011:- Credit Suisse (National, 2011)
2010:- Credit Suisse (National, 2010)
2009:- Credit Suisse (Europe, 2009)
WORLD'S BEST BANKS2011:- Private Bank Credit Suisse (Global, 2011)
2010:- Private Bank Credit Suisse (Global, 2010)
WORLD'S BEST DERIVATIVES PROVIDERS2010:- Best Equity Derivatives Provider Credit Suisse (Europe, 2010)
WORLD'S BEST INTERNET BANKS2011:- COUNTRY WINNERS / Best Corporate / Institutional Internet Banks Citi (National, 2011)
2010:- COUNTRY WINNERS / Best Corporate/Institutional Internet Banks Citi (National, 2010)
2009:- COUNTRY WINNERS / Best Corporate/Institutional Internet Banks Citi (2009)
WORLD'S SAFEST BANKS2011:- OVERALL SAFEST Zuercher Kantonalbank (Global, 2011)
- OVERALL SAFEST Credit Suisse Group (Global, 2011)
- OVERALL SAFEST Pictet & Cie (Global, 2011)
- REGIONAL WINNERS Zuercher Kantonalbank (Western Europe, 2011)
2010:- OVERALL SAFEST Zuercher Kantonalbank (Global, 2010)
- OVERALL SAFEST Credit Suisse (Global, 2010)
- REGIONAL WINNERS Zuercher Kantonalbank (Western Europe, 2010)
2009:- OVERALL SAFEST Zuercher Kantonalbank (Global, 2009)
- OVERALL SAFEST UBS AG (Global, 2009)
- OVERALL SAFEST Credit Suisse Group (Global, 2009)
WORLD'S BEST SUB CUSTODIANS2011:- COUNTRY WINNERS Credit Suisse (National, 2011)
2010:- COUNTRY WINNERS Credit Suisse (National, 2010)
2009:- COUNTRY WINNERS Credit Suisse (National, 2009)
WORLD'S BEST INVESTMENT BANKS2011:- SECTORS / Consumer Credit Suisse (Global, 2011)
- SECTORS / Technology Credit Suisse (Global, 2011)
- DEALS OF THE YEAR / Advising target UBS Investment Bank (Global, 2011)
- COUNTRY WINNERS Credit Suisse (National, 2011)
2010:- SECTORS / Real Estate UBS Investment Bank (Global, 2010)
- SECTORS / Telecom Credit Suisse (Global, 2010)
- COUNTRY WINNERS Credit Suisse (National, 2010)
2009:- DEALS OF THE YEAR / Best Debt Deal Roche Holdings notes ($16 billion) (Global, 2009)
- COUNTRY WINNERS Credit Suisse (National, 2009)
CENTRAL BANKER REPORT CARD2011:2010:2009:WORLD'S BIGGEST BANKS2011:- OVERALL BIGGEST UBS (Global, 2011)
- OVERALL BIGGEST Credit Suisse Group (Global, 2011)
2010:- OVERALL BIGGEST UBS (Global, 2010)
- OVERALL BIGGEST Credit Suisse Group (Global, 2010)
WORLD'S BEST FOREIGN EXCHANGE PROVIDERS2011:- COUNTRY WINNERS Credit Suisse (National, 2011)
 ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE |