Switzerland: Staff Report for the 1999 Article IV Consultation

Publication Date:

May 8, 2000

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

For the past quarter century, Switzerland’s real per capita growth rate has been substantially slower than in most other industrial countries. Unemployment has declined rapidly to 2.4 percent of the labor force in November 1999 from its 1997 peak of more than 5 percent. Inflation has edged up from exceptionally low levels. Switzerland’s longstanding current account surplus was above 9 percent of gross domestic product in 1998 and is estimated to have risen further in 1999. The franc has shadowed the euro closely since January 1999, fluctuating narrowly around 1.6 Sw F/euro.

Series:

Country Report No. 2000/023

Subject:

Notes:

Contains the text of Public Information Notice No. 00/14--IMF Concludes Article IV Consultation with Switzerland.

English

Publication Date:

May 8, 2000

ISBN/ISSN:

9781451807172/1934-7685

Stock No:

1CHEEA0012000

Pages:

40

Please address any questions about this title to publications@imf.org