Cost of Living Worldwide

Cost of Living Worldwide

The OECD defines a cost of living index (COLI) as an index that measures the change in the minimum expenditures that would be incurred by a utility-maximizing consumer, whose preferences or tastes remain unchanged, in order to maintaining a given level of utility (or standard of living or welfare).

 
 
Source
Central bank

Swiss National Bank

International Reserves

US$ 330.586 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 620.903 billion (2011 estimate)

GDP (Purchasing Power Parity)

347.024 billion of International dollars (2011 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
1.2% 0.4% -0.2% 2.5% 2.6% 3.6% 3.6% 2.1%
2009 2010 2011 2012*        
-1.9% 2.7% 1.9% 0.8%        

*Estimate

GDP per capita - current prices

US$ 78,754 (2009 estimate)

GDP per capita - PPP

$44,016 International Dollars (2009 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.76% 0.7% 0.53% 0.44% 0.39%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 1.2% 
  • industry: 27.5% 
  • services: 71.3% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

2.99% (2008)

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
-0.5%(2008) 0.7% 0.2% -0.5%

*Estimate

Unemployment rate
2009 2010 2011 2012*
3.7% 3.9% 3.1%(2009) 3.4%

*Estimate

Household saving rates

12.4% (Net saving; 2012 forecast)

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
52.6% 53.6% 50.1% 48.6% 48.9%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
1.9% 0.5% 0.2% 0.4% 0.2%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: AAA

Moody's rating: Aaa

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$1.071 trillion US$1.229 trillion US$932.2 billion
Largest companies in Switzerland

Swatch Group (Apparel/Accessories), Adecco (Business & Personal Services), SGS (Business & Personal Services), Holcim (Construction Materials), Wolseley (Construction Materials), Geberit (Construction Materials), Garmin (Consumer Electronics), Zurich Financial Services (Diversified Insurance), Swiss Re (Diversified Insurance), ACE (Diversified Insurance), Bâloise Group (Diversified Insurance), Helvetia (Diversified Insurance), Glencore International (Diversified Metals & Mining), Xstrata (Diversified Metals & Mining), Alpiq Holding (Electric Utilities), ABB (Electrical Equipment), TE Connectivity (Electronics), Nestlé (Food Processing), Aryzta (Food Processing), UBS (Investment services), Credit Suisse Group (Investment services), Swiss Life Holding (Life & Health Insurance), Julius Baer Group (Major Banks), Synthes (Medical Equipment & Supplies), Petroplus Holdings (Oil & Gas Operations), Transocean (Oil Services & Equipment), Weatherford International (Oil Services & Equipment), Noble (Oil Services & Equipment), Schindler Holding (Other Industrial Equipment), Kuehne + Nagel (Other Transportation), Novartis (Pharmaceuticals), Roche Holding (Pharmaceuticals), BCV (Regional Banks), Basler Kantonalbank (Regional Banks), BEKB-BCBE (Regional Banks), Luzerner Kantonalbank (Regional Banks), St Galler Kantonalbank (Regional Banks), Valiant Holding (Regional Banks), Tyco International (Security Systems), STMicroelectronics (Semiconductors), Syngenta (Specialized Chemicals), Clariant (Specialized Chemicals), Givaudan (Specialized Chemicals), Richemont (Specialty Stores), Swisscom (Telecommunications Services) (2012)

 
 
Source
Current account balance

US$ 75.2 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

12.1% of GDP (2010 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

53.6% (2010)

(Data released on April 2012)

Shares in world total merchandising export

1.28%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

2.26% (2011)(2007)

(Data were released in 2012)

Total exports

US$300.4 billion (2012 estimate) 

Export commodities

machinery, chemicals, metals, watches, agricultural products

Total imports

US$287.7 billion (2012 estimate) 

 
 
Source
Import commodities

machinery, chemicals, vehicles, metals; agricultural products, textiles

Exports - major partners

Germany 20.2%, US 10.3%, Italy 7.7%, France 7.1%, UK 4.8%, China 4.3% (2011)

Imports - major partners

Germany 32.4%, Italy 10.4%, France 8.6%, US 5%, Netherlands 4.4%, Austria 4.3% (2011)

FDI inflows
2009 2010 2011
US$28,642 million US$20,381 million(2009) US$-196 million(2009)
FDI outflows
2009 2010 2011  
US$27,793 million US$64,780 million US$69,612 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$9,696 million(2009) US$17,463 million
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

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

ABB Ltd, Baldor Electric Co, United States, $3.9 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 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 28 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 97 out of 185 countries(2009)

Enforcing Contracts: 20 out of 185 countries

Registering Property: 15 out of 185 countries

Getting credit: 23 out of 185 countries

Protecting investors: 169 out of 185 countries

Trading across border: 35 out of 185 countries

Paying Taxes: 18 out of 185 countries

Dealing with Construction Permits: 50 out of 185 countries

Getting Electricity: 8 out of 185 countries

Resolving Insolvency: 45 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

1

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 5 Score: 81.1 (Free) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

41,277 km2 (2006)

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 2012* 2017**
6.32 million 6.71 million 7.18 million 8 million 8.25 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
51% 57.1% 73.3% 73.7%
Population median age

41 years (2010)

Population growth rate

1% (2011)

Life expectancy

82 years (2010)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

33.68 (2000)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:1
Civil Liberties:1 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

190.88% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

85.2% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer 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)

Source
CO2 emissions(Metric tons of CO2 per capita)

5.4582 (Data were released in 2012 and refer to 2009)

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