Switzerland is one of the most powerful economies in the world, with a nominal GDP of about USD 67,000. It is home to several large multinational corporations such as ABB, Credit Suisse, Glencore, Roche, Nestlé, Novartis, Swiss Re, Swatch Group and Zurich Financial Services just to name a few of them.
The average household income in Switzerland, even during difficult times, has been very stable at around CHF 100,000 (equivalent to approximately USD 98,000).
Financial center
Switzerland has long been considered a leading financial center. This is mostly due to Swizerland's political stability, sound economy and the strong currency.
Important contributing factors are the high education standards and the degree of specialization in Switzerland.
Quick facts
| Official name | Swiss Confederation |
| Currency | Swiss Franc (CHF) |
| Area | 41,284 km2 (15,940 sq mi) |
| Population (2009 est.) | 7,739,100 |
| GDP | USD 492,595 billion |
| Unemployment rate (2008) | 2.6% |
| Calling code | +41 |
| Internet TLD | .ch |
| National day | August 1 |
