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 safe haven 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 dropped in 2001 to
about 0.8%, to 0.2% in 2002, and to -0.3% in 2003, with a small rise
to 1.8% in 2004. Even so, unemployment has remained at less than
half the EU average.

GDP (purchasing power parity):
$251.9 billion (2004 est.)

GDP - real growth rate:
1.8% (2004 est.)

GDP - per capita:
purchasing power parity - $33,800 (2004 est.)

GDP - composition by sector:
agriculture: 1.5%
industry: 34%
services: 64.5% (2003 est.)

Labor force:
3.77 million (2004 est.)

Labor force - by occupation:
agriculture 4.6%, industry 26.3%, services 69.1% (1998)

Unemployment rate:
3.4% (2004 est.)

Population below poverty line:
NA

Household income or consumption by percentage share:
lowest 10%: 2.6%
highest 10%: 25.2% (1992)

Distribution of family income - Gini index:
33.1 (1992)

Inflation rate (consumer prices):
0.9% (2004 est.)

Investment (gross fixed):
20.4% of GDP (2004 est.)

Budget:
revenues: $131.5 billion
expenditures: $140.4 billion, including capital expenditures of NA
(2004 est.)

Public debt:
57.2% of GDP (2004 est.)

Agriculture - products:
grains, fruits, vegetables; meat, eggs

Industries:
machinery, chemicals, watches, textiles, precision instruments

Industrial production growth rate:
4.7% (2004 est.)

Electricity - production:
63.47 billion kWh (2002)

Electricity - production by source:
fossil fuel: 1.3%
hydro: 59.5%
nuclear: 37.1%
other: 2% (2001)

Electricity - consumption:
54.53 billion kWh (2002)

Electricity - exports:
32.3 billion kWh (2002)

Electricity - imports:
27.8 billion kWh (2002)

Oil - production:
0 bbl/day (2001 est.)

Oil - consumption:
290,400 bbl/day (2001 est.)

Oil - exports:
10,420 bbl/day (2001)

Oil - imports:
289,500 bbl/day (2001)

Natural gas - production:
0 cu m (2001 est.)

Natural gas - consumption:
3.093 billion cu m (2001 est.)

Natural gas