IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL

SWITZERLAND

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Bern

2016 2017 2018 2019 2020

41 2019

2

2

0.994 2019 8.55 2019 703.1 2019 66,265 2019 0.9 2019 0.36 2019 4.39 2019 4.92 2019 12.25 2019 1,062.8 2018

3

Exchange Rate (per $)

4

5

44

Population - market size (millions)

CHALLENGES IN 2020 Surpass Covid-19 and ensure a fast economic recovery. Prevent protectionism and keep markets open. • Surpass Covid-19 and ensure a fast economic recovery. • Prevent protectionism and keep markets open. • Strengthen competition in domestic sectors in order to raise productivity. • Support adjustment and cushion structural change and preserve financial stability in the face of the challenging monetary environment. • Increase sustainability of social welfare and pension systems.

20

Gross Domestic Product (GDP) (US$ billions)

7

GDP (PPP) per capita (US$)

51

Real GDP growth (%)

6

Consumer price inflation (%)

25

Unemployment rate (%)

39

Labor force (millions)

3

Current account balance (% of GDP)

7

Direct investment stocks inward ($bn)

SECO - State Secretariat for Economic Affairs Provided by: SECO - State Secretariat for Economic Affairs

-2.61 2019

60

Direct investment flows inward (% of GDP)

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 and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

1

2

2

2

3

4

5 8

5

6 9

8

12

13

13

16 17

18

30

57

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS < 20 MILLION (34 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

1

1

1

2

2

3

3

2

2

4

108

IMD WORLD COMPETITIVENESS BOOKLET 2020