Switzerland Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $96.1 billion (1984), $14,300 per capita; 58% consumption, 22% investment, 0.13% government, — 1% net foreign balance; real growth rate 2.5% (1984)

Natural resources: hydroelectric power (potential), timber, salt

Agriculture: dairy farming predominates; less than 50% self-sufficient; food shortages—fish, refined sugar, fats and oils (other than butter), grains, eggs, fruits, vegetables, meat

Major industries: machinery, chemicals, watches, textiles, precision instruments

Shortages: practically all important raw materials except hydroelectric energy

Electric power: 17 690,000 kW capacity (1985); 56.765 billion kW h produced 0985), 8,790 kWh per capita

Exports· $25.8 billion (f.o.b., 1984;; principal items— machinery and equipment, chemicals, precision instruments, metal products, textiles, foodstuffs

Imports-$28.5 billion (f.o.b., 1984); principal items—machinery and transportation equipment, metalsand metal products, foodstuffs, chemicals, textile fibers and yarns

Major trade partners. 59% EC, 21% other developed, 17% less developed countries, 3% Communist

Aid: donor—ODA and OOF economic aid committed (1970-83), $1 4 billion

Budget: receipts, $8.50 billion; expenditures, $8.75 billion; deficit, $0.25 billion (1984)

Monetary conversion rate-2.17 francs=US$l (October 1985)

Fiscal year: calendar year

NOTE: The information regarding Switzerland on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Switzerland 1986 information contained here. All suggestions for corrections of any errors about Switzerland 1986 should be addressed to the CIA or the source cited on each page.