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ECONOMIC PROFILE OF SWITZERLAND Introduction

the part of the Swiss for non Swiss population minorities, however, is much lower.5

2. Economic status and performance. Switzerland has the world's highest per capita gross national product US$28,000.6 The country's average annual rate of inflation for the 19811990 period was 3.8 percent.7 Gross national product growth averaged 1.9 percent per annum over the same period.8 Switzerland's GNP approximates US$200 billion per annum. The



3The World Bank, World Development Report (London: Oxford University Press, 1992), 179.

4Kenneth D. McRae, Conflict and Compromise in Multilingual Societies: Switzerland (Waterloo, Ontario, Canada: Wilfrid Laurier University Press, 1988), 74.

5Asiatic Escape in Switzerland: Questioning Integration (Freiburg, Switzerland: University of Freiburg, 1989), 77.

structure of Swiss manufacturing is summarized in Table 1, which may be found below on this page. As the data presented in Table 1 indicate, Swiss manufacturing is heavily oriented toward

Swiss Manufacturing By Product Group

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Product Group Proportion of Total Manufacturing Output 

Food, beverages, and tobacco 10 percent

Textiles and clothing 7 percent

Machinery and transport equipment 31 percent

Chemicals 9 percent

Other 42 percent

[source: The World Bank, 1992, 189]

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durable goods. Durable goods manufacturing provides most export products for Switzerland. The distribution of the Swiss gross ...

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