The financial centre and the economy

The financial and insurance sector as well as exports are central pillars of the Swiss economy. Switzerland has one of the best regulated and monitored financial centres in the world. It applies UN sanctions, is committed to the fight against organised crime and terrorism, and cooperates on international taxation matters.

A large quantity of five-Swiss-franc coins
Symbol of the national economy: the Swiss franc © FDFA

The Swiss financial and insurance sector makes an important contribution to GDP and creates jobs. In 2022, the added value generated by the Swiss financial sector – some CHF 71 billion – accounted for 9.3% of GDP. Approximately 218,000 people worked in the financial sector in 2022, which corresponds to 5.2% of all jobs in Switzerland. Swiss exports that same year amounted to CHF 382.7 billion, representing almost half of GDP.

Last update 29.02.2024

  • Switzerland is working together with other countries to develop international standards in the area of taxation and to build closer cooperation with other countries.

  • Export promotion and protection of investments for Swiss companies in Switzerland and abroad; promoting Switzerland as a business location via the Swiss Business Hubs.

  • Switzerland is committed to fighting money laundering and terrorist financing both nationally and internationally.

  • Switzerland plays an active role, both nationally and internationally, in the fight against corruption.

Contact

Prosperity and Sustainability Division

Bundesgasse 28
3003 Bern

Phone

+41 58 461 19 73

FDFA Directorate of International Law (DIL)

Kochergasse 10
CH – 3003 Berne

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