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Global Development: Part II Europe
Switzerland
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Switzerland's 1998 population was 7.16 million. The GDP is $264.20 billion and a per capita $36,610. The inflation rate is 5.4% and exchange rate of 1.38 Swiss Francs=$1.00. Switzerland's top income tax rate 11.5% with no average tax rate. The top corporate tax rate is 32% and capital gains tax rate at 32% and a value added of 6.5%. The government consumes about 15.2% of GDP. The total fleet of passenger cars in Switzerland is 3.4 million and new car registrations for 1998 is 280,000.
Country profiles were provided by Raymond Champagne
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