Lewes, DE -- (SBWIRE) -- 12/15/2017 -- As per International Monetary Fund (IMF) Switzerland's nominal gross domestic product is expected to grow at a CAGR of 2.21% from it's 2015 level of CHF 645.427 billion and reach CHF 751.999 billion by 2022.

Switzerland, officially Swiss Confederation, is a federal parliamentary republic. It is situated in Western and Central Europe, and shares its borders with Switzerland to the north, France to the west, Italy to the south, and Austria and Liechtenstein to the east. Since it is situated in the western and central part of Europe, it doesn't share any sea or ocean cover on any side and it is completely landlocked geographically. Switzerland's geographic factor is that it is divided between the Alps, the Swiss Plateau and the Jura which span across roughly 16,000 square miles. Zurich and Geneva, Bern are global cities and are economic centers for various industries. Major economic contributing factors and industries in Switzerland are Tourism, Military and Defense, Pharmaceutics, Agriculture, Banking, Watches, Wine, Chocolate, Fashion Accessories, and many others.

Switzerland had population of 8.327 million in the year 2016 and expected to reach 8.936 million by 2022. Switzerlands around 5.047 million was employed in 2016 and the unemployment rate was 3.323% of total labor force.

Switzerlands real gross domestic product (GDP) was CHF 661.401 billions in 2016 whereas the nominal GDP was CHF 650.11 billions. This resulted in GDP deflator 98.293. Per capita GDP was USD 79242.28 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 48110.85.

In 2016, Switzerland governments revenue was estimated to be at CHF 212.551 billions whereas the expenditure was expected to be at CHF 213.1 billions. This resulted Switzerland governments net lending / borrowing negative at CHF 0.549 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Switzerland was USD 294.78.93 billions for the year 2016 and is expected to decline at a CAGR of 2.43% and reach USD 65.055 by 2022. This positive current account balance indicates the Switzerland is net lender to the whole world.

Scope of the Switzerlands PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Switzerlands.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Switzerlands.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Switzerlands.
- These reports provide risk analysis for Switzerlands.

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