IMD World Competitiveness Booklet 2023

Switzerland Competitiveness Trends – Overall

OVERALL PERFORMANCE (64 countries)

BASIC FACTS

Rank

2019

2020

2021

2022

2023

Capital Land area (square km '000)

Bern

1

41 2022

2

3

3

0,955 2022

Exchange rate (per $)

4

8,74 2022 42 807,7 2022 19 84.427 2022 05 2,1 2022 55 2,84 2022 05 5,24 2021 33 4,94 2021 37 9,84 2022 12 1.369,6 2021 08

Population - market size (millions)

Gross Domestic Product (GDP) (US$ billions)

CHALLENGES IN 2023

GDP (PPP) per capita (US$)

• Ensure sustained economic growth against the backdrop of the conflict in Ukraine and higher inflation. • Keep up efforts to bring down inflation while preserving financial market stability. • Prevent protectionism and keep markets open. • Strengthen competition in domestic sectors and lower the administrative burden to raise productivity. • Increase sustainability of social welfare and pension systems.

Real GDP growth (%)

Consumer price inflation (%)

Unemployment rate (%)

Labor force (millions)

Current account balance (% of GDP)

Direct investment stocks inward ($bn)

1,16 2021 51

Direct investment flows inward (% of GDP)

PROVIDED BY: SECO - State Secretariat for Economic Affairs

COMPETITIVENESS LANDSCAPE

Economic Performance Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices Attitudes & Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

1 1 Health & Environment Education

1

2

3

4

7 5

7 7 4

8

9

13

13 16

14

20

34

56

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)

POPULATIONS < 20 MILLION (37 countries)

2019

2020

2021

2022

2023

2019

2020

2021

2022

2023

1

1

1

2

2

2

3

3

3

3

112 Competitiveness Country Profiles