GDP per capita is amongst the highest in the OECD
The population is ageing
Indicators suggest that underlying growth is likely to be close to trend
Europe remains Switzerland’s main export destination
The risk of a severe recession appears to be low in the near term
Living standards are amongst the highest in the OECD
The high wage share contains inequality
Switzerland compares favourably on most green growth indicators
Monetary policy is very accommodative
Housing prices and credit continue rising
The banking sector is smaller after the crisis and better capitalised
Corruption is perceived as very low
There is still scope to improve the framework to fight economic crimes
Government debt and spending are comparatively low
Federal fiscal policy has been tighter than intended
Rising public expenditure will entail fiscal challenges
Ageing is likely to be uneven across cantons
Reforms can offset fiscal pressures
Revenues are comparatively low and tilted towards direct taxation
Employment and investment are relatively digitally-intensive
Switzerland leads in infrastructure but use of some technologies is average
Swiss adults’ digital skills lag the top performers: Share of the population with more than basic skills, 2017
There is scope to ease entry and strengthen competition
Digital government is less advanced in some respects
The transport sector contributes to greenhouse gas emissions and air pollution
Job polarisation has not hollowed out the income distribution
Participation in adult learning is high but can be broadened
Finding work is more difficult for older jobseekers, especially the less educated
The expected replacement rate from mandatory schemes is relatively low
Long-term care is mostly home-based but varies across cantons