Switzerland: Recovery of GDP and export growth to continue against the background of a stabilized CHF/EUR exchange rate

Country Report

Switzerland is a high income economy with estimated GNI per capita of USD84,720 in 2015. Macroeconomic fundamentals are very strong, reflected in many years of large current account surpluses and near-balanced fiscal accounts. Public debt is moderate at about 35% of GDP (see Figure 1). If needed, the economy has sufficient buffers to withstand the impact of domestic or external shocks for some time. ​