CFI Data on Switzerland
We offer a data-driven country report for Switzerland that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Switzerland.
Trade agreement information for Switzerland
Does Switzerland belong to any economic unions or free trade areas?
Member of the European Free Trade Association (EFTA) since 03/05/1960
Other members:
Iceland, Liechtenstein, Norway
Which trade deals does Switzerland have through its membership of the EFTA?
EFTA - Turkey Free Trade Agreement (from 01/04/1992)
EFTA - Israel Free Trade Agreement (from 01/01/1993)
European Single Market (SM) (from 01/01/1993)
EFTA - Morocco Free Trade Agreement (from 01/07/1999)
EFTA - Palestinian Authority Free Trade Agreement (from 01/07/1999)
EFTA - Mexico Free Trade Agreement (from 01/07/2001)
EFTA - North Macedonia Free Trade Agreement (from 01/05/2002)
EFTA - Jordan Free Trade Agreement (from 01/09/2002)
EFTA - Singapore Free Trade Agreement (from 01/01/2003)
EFTA - Chile Free Trade Agreement (from 01/12/2004)
EFTA - Tunisia Free Trade Agreement (from 01/07/2005)
SACU - EFTA free trade agreement (from 01/07/2006)
EFTA - Korea, Republic of Free Trade Agreement (from 01/10/2006)
EFTA - Lebanon Free Trade Agreement (from 01/07/2007)
EFTA - Egypt Free Trade Agreement (from 01/08/2007)
EFTA - Canada Free Trade Agreement (from 01/07/2009)
EFTA - Albania Free Trade Agreement (from 01/10/2011)
EFTA - Serbia Free Trade Agreement (from 01/10/2011)
EFTA - Peru Free Trade Agreement (from 01/07/2012)
EFTA - Hong Kong, China Free Trade Agreement (from 01/11/2012)
EFTA - Montenegro Free Trade Agreement (from 01/11/2012)
EFTA - Gulf Cooperation Council (GCC) Free Trade Agreement (from 01/07/2014)
EFTA - Central America Free Trade Agreement (from 05/09/2014)
EFTA - Colombia Free Trade Agreement (from 01/10/2014)
EFTA - Bosnia and Herzegovina Free Trade Agreement (from 01/01/2015)
EFTA - Georgia Free Trade Agreement (from 01/05/2018)
EFTA - Philippines Free Trade Agreement (from 01/06/2018)
What bilateral trade deals are there between Switzerland and other countries and economic unions?
Faroe Islands - Switzerland free trade agreement (from 01/03/1995)
Japan - Switzerland free trade agreement (from 01/09/2009)
Switzerland - China free trade agreement (from 01/07/2014)
UK - Switzerland - Liechtenstein Trade Agreement (from 01/01/2021)
Implementation dates might vary according to the date of the United Kindom's exit from the European UnionTrade between Switzerland and the United Kingdom
Source: UK Office for National Statistics, October 2019.
Contains public sector information licensed under the Open Government Licence v3.0.
Its population in was 0 [1]
In 2015, 25.29% of its total energy
consumption was renewable [2]
In 2018, its GDP grew by 2.54% [2]
In 2018 it had a positive Current
Account Balance of US$bn72.25 [3]
Its unemployment rate in 2018 was 2.84% [3]
Its Expenditure on R&D (as a percentage of
GDP) in 2015 was 3.37% [2]
A Big Mac will set you back the
local equivalent of US$6.62 [4]
Data sources