
Economy
Switzerland is one of the world's richest and most competitive economies, famed for banking and finance, precision manufacturing, and a stable, business-friendly environment — all outside the European Union.
Low taxes, political stability, and a highly skilled workforce sustain enormous wealth. The Swiss franc is a global safe-haven currency, and the country hosts the headquarters of many multinationals and international organizations.
Key sectors include banking and financial services, pharmaceuticals and chemicals (Novartis, Roche), precision instruments and watches, machinery, and high-value foods such as chocolate and cheese.