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Country Forecast Switzerland Updater

  • ID: 2101437
  • Country Profile
  • March 2017
  • Region: Switzerland
  • 16 Pages
  • The Economist Intelligence Unit
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Although the right-wing Swiss People's Party (SVP) won a clear victory at the 2015 election, The Economist Intelligence Unit believes that this will not compromise the country's political stability over the forecast period (2017-21). Owing to Switzerland's constitutional arrangements, a culture of political consensus and the expectation that all Federal Council (the executive, or cabinet) members defend the common positions of the coalition government, we do not expect the SVP's strength to shake political stability seriously over the forecast period. However, the SVP's capacity to unsettle Swiss politics has increased, as highlighted by the debate regarding placing a limit on EU immigration.

In December 2015 the SVP won a second cabinet post. Both the SVP and its main rival, the Social Democratic Party (SP), are present in the seven-member government, along with the Free Democratic Party (FDP) and the Christian Democratic Party (CVP).

Switzerland's relations with the EU have been strained by the success of a 2014 referendum on limiting immigration from the bloc. Despite further complications introduced by the UK's vote to leave the EU, the situation appears to be nearing a resolution, with parliament approving a "light" implementation of the quotas in December 2016. A second referendum on the issue is likely later in 2017.
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Country Forecast Switzerland Updater

Country forecast overview: Highlights

Country forecast overview: Key indicators

Country forecast overview: Business environment rankings

Country forecast overview: Switzerland's business environment at a glance
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
Taxes
Financing
The labour market
Infrastructure

Fact sheet

Outlook for 2017-21: Political stability

Outlook for 2017-21: Election watch

Outlook for 2017-21: International relations

Outlook for 2017-21: Policy trends

Outlook for 2017-21: Fiscal policy

Outlook for 2017-21: Monetary policy

Outlook for 2017-21: Economic growth

Outlook for 2017-21: Inflation

Outlook for 2017-21: Exchange rates

Outlook for 2017-21: External sector

Data summary: Global outlook

Data summary: Gross domestic product, current market prices

Data summary: Gross domestic product, at constant prices

Data summary: Growth and productivity

Data summary: Economic structure, income and market size

Data summary: Fiscal indicators

Data summary: Monetary indicators

Data summary: Employment, wages and prices

Data summary: Current account and terms of trade

Data summary: Foreign direct investment

Data sources and definitions
Global data
Domestic data
Abbreviations
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