Switzerland in Figures Published by UBS Switzerland AG [email protected] Ubs.Com/Sif
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a b Jobs per Branch of Economic Activity 20174 2TKOCT[UGEVQT C D J E 5GEQPFCT[ UGEVQT F 6GTVKCT[UGEVQT I G C G Switzerland D E H F Jobs by Sectors Jobs Breakdown in the Industrial Sector in % in Figures in 1000 in % Food, beverages, a Primary sector tobacco 8.2 Agriculture 3 153.9 3.0 b Textiles, apparel, Secondary sector shoes 1.5 2018/2019 edition Industry, crafts 1,076.1 21.2 Tertiary sector c Chemicals 7.0 Services 3,853.4 75.8 d Metal processing 9.2 a) Trade 649.1 12.8 b) Banking, insurance 242.5 4.8 e Machinery, equipment, c) Hotel and vehicles 9.1 restaurant business 252.3 5.0 f Construction 31.9 d) Public entities 203.7 4.0 Watchmaking, precision e) Miscellaneous 2,505.8 49.3 g instruments 9.7 Total 5,083.4 100.0 h Miscellaneous 23.4 Switzerland in Figures Published by UBS Switzerland AG [email protected] ubs.com/sif Issued annually in English, German, French and Italian. Editorial deadline: 11 May 2018 SAP No. 80011E-1801 Switzerland: Country and Population 2015 2016 2017 Value Added in billion Swiss francs 44 The Country Private consumption 349.2 353.8 358.8 Geographical situation: Switzerland is situated between the 45th and the 48th degrees Public consumption 78.1 78.9 80.1 of latitude and the 5th and 11th meridians of longitude. Switzerland borders on the Construction expenditure 61.0 61.2 62.1 following countries: Germany 347 km, France 585 km, Italy 782 km, Austria 180 km and Equipment and software 94.5 97.3 101.6 Liechtenstein 41 km. Inventory changes –2.7 –8.0 –8.9 Of the total surface area of 41,291 km², 74.7% are productive (31.3% forests, 35.9% Exports of goods 193.0 201.1 210.5 arable land and 7.5% residential areas) and 25.3% are covered by water, unproductive land Exports of services 114.3 122.5 123.4 or bear no vegetation.1 – Imports of goods 168.0 174.8 186.8 The largest agglomerations (number of habitants) are:2 Zurich 1,354,140; Geneva 585,400; – Imports of services 90.7 97.3 100.0 Basel 545,326; Lausanne 415,620; Bern 415,485; Lucerne 228,321; Saint Gall 166,421; Gross Domestic Product 653.7 659.0 668.1 Lugano 151,708; and Winterthur 140,227. Agriculture 4.3 4.3 4.3 Manufacturing 129.2 129.9 133.7 Population Construction 34.7 34.9 34.4 Resident population: 8,482,152, including 25.1% foreigners. Trade and hospitality industry 155.9 155.8 158.0 Average change in permanent resident population per year 1981–1990: 0.7%, 1991–2000: Financial services and real estate activities 173.1 173.8 177.1 0.7%, 2001–2010: 0.9%, 2011–2017: 1.1%. Public administration, culture, private households 135.7 140.3 140.2 Gross National Income 669.8 665.1 662.8 Age groups: 0 to 19 years 20.0%, 20 to 64 years 61.7%, 65 years and over 18.3%. Income from abroad 150.0 126.4 100.1 3 Languages: German 63.5%, French 22.9%, Italian 8.5%, Rhaeto-Romance 0.5. – Income transfers abroad 134.0 120.2 105.4 Religions:3 Roman Catholic 36.5%, Protestant 24.5%, none 24.9%, other 14.0%. Employment:4 No. of people in work: 5,006,955 or 59.0% of resident population. Break- down: 3.1% in forestry and agriculture; 21.1% in industry, crafts and construction; 75.8% in services sector. No. of non-Swiss in labor force: 1,556,926 or 31.1% of the active population. Energy and Waste3 Native Speakers in % of Population 2 Energy sources5 include oil (42.1%), nuclear fuel (20.3%), water (12.0%), gas (11.5%) and other (14.1%). Per capita costs for energy are 2,918 Swiss francs, or 3.8% of GDP per capita (2000: 5.2%). Foreign dependence is 75.8%. The main energy consumers are transportation Zurich (36.0%), households (28.2%), industry (18.2%) and services (16.6%). Per capita waste:6 Basel 715 kg, of which 375 kg per person are recycled. Politics Form of government: The Swiss Confederation (founded in 1291) has been a Federal Republic since 1848 and is composed of 26 cantons, of which 6 are half-cantons. The govern- Bern ment, or Federal Council, is a collegial board consisting of seven members. Parliament consists of two chambers with equal rights: The Council of States (cantonal representation) with 46 members and the National Council (representation body of the people) with 200 members. Political groups: The 200 seats of the National Council (representative body of the people) and Geneva the 46 seats of the Council of States (cantonal representation) are distributed among the following political groups (as at January 1,2018): Swiss People’s Party 68 (National Council) / Lugano 6 (Council of States), Socialdemocrats 43 / 12, Parliamentary Group FDP-The Liberals 33 / 13, Christian Democrats / EPP 30 / 13, Green Party 12 /1, BDP fraction 7 / 1, Green Liberal Party 7 / 0. Education German (63.5%) Italian (8.5%) The 26 cantons retain primary responsibility for the three-stage educational system. Following French (22.9%) Rhaeto-Romance (0.5%) compulsory schooling lasting from nine to eleven years, young people enter the secondary stage offering a choice between general and vocational courses. The tertiary stage encom- passes advanced vocational training and university-level studies. Cantons : Switzerland is formed by 26 cantons (states): Pupils and students:3 Compulsory schooling 936,550; upper secondary education 365,559; ZH = Zurich, BE = Bern, LU = Lucerne, UR = Uri, SZ = Schwyz, OW = Obwalden, NW = Nidwalden, tertiary level 300,761. GL = Glarus, ZG = Zug, FR = Fribourg, SO = Solothurn, BS = Basel-Stadt, BL = Basel-Landschaft, 7 SH = Schaffhausen, AR = Appenzell Ausserrhoden, AI = Appenzell Innerrhoden, SG = Saint Gall, Educational spending in million CHF: Total 36,727.6; of which the federal government GR = Grisons, AG = Argovia, TG = Thurgovia, TI = Ticino, VD = Vaud, VS = Valais, NE = Neuchâtel, pays 9.9%, the cantons and concordats 63.2%, communes 26.9%. GE = Geneva, JU = Jura. Highest achieved education: Compulsory schooling 12.2%, upper secondary education 45.2%, tertiary level 42.6%. Main Sources: Federal Office for Statistics, Swiss National Bank, Federal Finance Administration, Federal Tax Administration, Federal Customs Administration, OECD, International Monetary Fund, UN, GEOSTAT, Gault Millau Switzerland, UNESCO, UBS estimates and calculations. 2015 2016 2017 2015 2016 2017 Banks and Security Market in billion Swiss francs Foreign Trade / Balance of Payments in billion Swiss francs Swiss National Bank 24 Total Swiss exports fob 30, 38 202.9 210.5 220.6 Monetary reserves 601.9 691.2 792.9 Machinery and electronics 31.1 31.1 32.1 Gold holdings 35.5 39.4 42.5 Chemicals and pharmaceuticals 84.7 94.3 98.6 Currency holdings 593.2 696.1 790.1 Precision instruments, watchmaking, jewelry 46.7 45.3 46.8 Bank notes in circulation 72.9 78.1 81.6 Textiles, apparel and shoes 3.2 3.5 4.2 M2 money supply, change in %4, 31 1.1 2.8 4.2 Agriculture and forestry 9.0 9.3 9.7 Central bank money supply, s.a., change in %4 17.7 9.6 8.6 Total Swiss imports cif 30, 39 166.4 173.5 185.8 Security markets and investment trusts 24 Raw materials, semifi nished products 37.5 37.9 39.7 Swiss share index (SPI, 1987=1,000) 9,094.0 8,965.7 10,751.5 Consumer goods 80.0 85.9 93.2 Swiss Stock Exchange equity turnover 4 1,053.0 997.4 1,048.8 Capital goods 40.4 43.0 44.8 Stock exchange capitalization (SPI) 1,286.8 1,221.3 1,352.7 Energy resources 8.4 6.8 8.2 Combined investment trust assets net 733.5 785.0 879.4 Balance of trade 30 36.5 36.9 34.8 Balance of trade in services 17.6 19.1 18.9 Capital Market Balance of labor and capital income 14.4 4.3 9.3 32 Total issues in billion Swiss francs 130.4 66.3 81.9 Balance of current transfers –12.6 –9.9 –11.0 Domestic Swiss franc bond issues 44.2 41.4 40.0 Current account balance 40 71.0 62.2 65.5 Foreign Swiss franc bond issues 17.9 14.2 14.3 Balance of fi nancial transfers –28.7 2.6 0.8 33 Share issues 68.4 10.6 27.6 Balance of capital transactions 41 42.7 67.7 39.2 24 Interest rates and yields in % Net derivatives –4.4 6.8 –2.3 Special rate bottleneck fi nancing facility 0.50 0.50 0.50 Errors and omissions –4.0 9.6 –29.5 90-day LIBOR, Swiss francs –0.76 –0.73 –0.75 Medium-term notes 34 0.27 0.22 0.21 Yield on Swiss government bonds 35 –0.04 –0.14 –0.10 Imports and Exports – Breakdown by Country 2017 in % 24 Banks in billion Swiss francs 30 30 Loans 1,561.6 1,566.9 1,651.8 Imports Exports from Other to World Germany of which mortgages 955.2 979.5 1,008.0 Japan 1.9 25, 31 12.8 18.6 Savings deposits 693.6 681.1 676.7 Germany Other World Combined balance sheet total 3,117.6 3,205.8 3,384.5 USA 6.8 28.2 23.1 Securities holdings in client accounts 5,588.0 5,654.0 6,190.0 France 6.2 China 7.0 Japan 3.3 EU (28) EU (28) 53.1 Italy 71.4 6.1 Foreign portion in % France UK Total assets Number of of balance sheets 7.9 USA Other EU (28) 5.1 Banking Statistics 2 billion CHF employees Assets Liabilities 22.3 15.3 Italy Other EU (28) Cantonal banks 553.2 17,294 5.9 12.8 UK 9.7 China 5.2 17.0 Big banks 1,454.8 50,399 62.5 61.9 3.3 Regional and savings banks 116.1 3,845 0.8 1.5 Value of imported goods: Value of exported goods: Raiffeisen banks 215.3 8,868 3.2 5.6 CHF 185,813 million CHF 220,611 million Other Swiss banks 432.0 22,688 34.1 36.8 Foreign-controlled banks 247.5 16,137 53.9 67.3 UNESCO World Heritage Sites and Biosphere Reserves Branches of foreign banks 75.9 1,095 21.4 87.1 Private banks 5.9 519 26.2 42.0 13 Total 3,100.8 120,845 40.2 44.5 Basel Zurich 9 13 11 13 1 13 International Investment Position 2017 36 in billion Swiss francs 2 Bern 10 Swiss assets Swiss liabilities 8 12 4 Direct investments 1,658.8 Direct investments 1,452.0 14 7 6 Portfolio investments 1,375.5 Portfolio investments 1,175.0 13 36 Geneva Other assets 941.4 Other liabilities 1,293.3 14 3 Monetary reserves 792.1 Total 3,920.2 Lugano Total 4,767.8 Net assets 847.6 unesco.ch 5 Swiss direct investments Foreign direct investments 1 Old city of Bern 9 Abbey of Saint Gall abroad (in % 2016) in Switzerland (in % 2016) 37 2 Entlebuch Biosphere Reserve 10 Tectonic Arena Sardona 55.8 Europe 43.4 84.0 3 Three castles of Bellinzona 11 Watchmaking industry in 4 Convent of Saint John, Müstair La Chaux-de-Fonds and Le Locle 23.4 USA and Canada 47.1 5 Monte San Giorgio 12 Lavaux, vineyard terraces 9.4 Central and South Am.