Switzerland

Switzerland Overview

Switzerland’s economic development has been affected by specific physical and cultural geographic factors. In the first instance, the country has few raw materials; precipitation and soil quality largely determine the type and size of cultivation; urban and industrial expansion encroach on the limited amount of cultivable land; the commerce and transport sectors have benefited from Switzerland’s central location along international trade routes; and tourism has been boosted by the landscape’s exceptional scenic beauty, including glacial peaks and Alpine lakes. In the second instance, the inability of the country’s small domestic market to absorb the total output of a skilled and efficient population forced Switzerland to seek world markets. Thus, by importing raw materials and converting them into high-quality, high-value-added finished products for export, developing a highly organized and efficient transportation system and tourist industry, and establishing a free-market orientation, Switzerland generally has been able to keep unemployment low and inflation under control and has achieved among the world’s highest standards of living and per capita incomes.

Source: britannica.com

Landscape and growth

Global State of the Market Report

In 2022, the Advisory Board Centre mapped professionals currently serving on Advisory Boards. This assessment identified over 14,000 professionals on Advisory Boards in Switzerland, or 1% of the global Advisory Board market.

Advisory Board Landscape

Research has identified that the Advisory Board sector is emerging, and Advisors exist as a profession in Switzerland. As an emerging sector, advisory board professionals may have opportunities in key sectors including – baking, commodity trading and engineering – and are encouraged to stay open-minded to start-up and emerging industries.

Future Growth Opportunities

There is a growing opportunity for professionals to increase participation in Switzerland, by formalising Advisory Board structures and collaborating on a global scale. As this sector grows, it is important to note that best practice credentials will shift the market from informal to formal Advisory Boards over time.

Key Statistics

Population 8.83 million
GDP $800,640 USD million
Labour Force by occupation
Agriculture3.3%
Industry19.8%
Services76.9%
GDP by sector
Agriculture0.63%
Industry24.6%
Services71.92%
Import $476,217 USD million
Export $571,427 USD million
Global ease of doing business rank 33rd
Global ease of doing business score 75.92/100