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Switzerland Business Report

General information
Source: The World Factbook - Central Intelligence Agency
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Population
8,236,303 (July 2017 est.)
GDP (PPP)
$517.2 billion (2017 est.)

GDP growth rate
1.1% (2017 est.)

Low, quite stagnant

GDP (PPP) per capita
$61,400 (2017 est.)

Very high

Local currency
Swiss Franc (CHF)

Strong and stable currency

Financial stability (Public debt)
42.8% of GDP (2017 est.)

Medium to low and slightly shrinking

Inflation
0.5% (2017 est.)

Very low

Language
German 63%, French 22.7%, Italian 8.1%, Romansch 0.5%

Corruption perception index (Source: Transparency International)
3/180

Very low level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT

7.7% standard rate 2.5% on goods for basic needs
Corporate Tax

8.5% standard federal tax rate Cantonal taxes are also levied, so that the total tax burden ranges between 11.5% and 24.2% depending on each canton
Duties

The customs duty is calculated on the gross weight of imported goods, where category-specific weight rates apply. Products like alcoholic drinks, tobacco products, food, and textiles are typical categories of higher duty rates

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We have a strong position in Europe B2B and Europe trade.

If you are interested in doing business in Switzerland, or in finding Swiss manufacturing companies, we can help you. Thousands of companies in Switzerland and Swiss SMEs use Globartis for their operations. Join our network today and find the right partner for your Switzerland business.

Connect with a Swiss manufacturer or Switzerland importer, or source among Switzerland export to find the right product. Join now and grow your business in Z├╝rich, one of the best cities for European business.

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