## Switzerland: Staff Report for the 1999 Article IV Consultation

_IMF Staff Country Reports, May 8, 2000_

## Source details

**Canonical URL:** [Switzerland: Staff Report for the 1999 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/30/switzerland-staff-report-for-the-1999-article-iv-consultation-3433)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/30/switzerland-staff-report-for-the-1999-article-iv-consultation-3433/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/30/switzerland-staff-report-for-the-1999-article-iv-consultation-3433/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/30/switzerland-staff-report-for-the-1999-article-iv-consultation-3433/bundle-manifest.json)

## Bibliographic details
- Published: May 8, 2000
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451807172.002

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### Summary overview
- For the past quarter century, Switzerland’s real per capita growth rate has been substantially slower than in most other industrial countries.
- Unemployment declined 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.

### Labor market and inflation
- Unemployment:
  - 1997 peak: more than 5 percent of the labor force.
  - November 1999: 2.4 percent of the labor force.
- Inflation:
  - Characterized as having "edged up from exceptionally low levels" (no specific percent provided).

### External position
- Current account:
  - 1998: surplus above 9 percent of gross domestic product.
  - 1999: estimated to have risen further (no specific percent provided).

### Exchange rate and monetary context
- Exchange rate behavior:
  - Since January 1999, the franc has shadowed the euro closely.
  - Typical level described as fluctuating narrowly around 1.6 Sw F/euro.

### Publication metadata and access
- Title: Switzerland: Staff Report for the 1999 Article IV Consultation
- Publication date on page: May 8, 2000
- Pages: 40
- Volume: 2000
- Issue: 023
- Series: Country Report No. 2000/023
- DOI: https://doi.org/10.5089/9781451807172.002
- ISBN: 9781451807172
- ISSN: 1934-7685

*International Monetary Fund. "Switzerland: Staff Report for the 1999 Article IV Consultation", IMF Staff Country Reports 2000, 023 (2000).*

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## Content in this bundle

- **Switzerland: Staff Report for the 1999 Article IV Consultation - ISCR/00/23**
  - [Switzerland: Staff Report for the 1999 Article IV Consultation - ISCR/00/23 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2000/_cr0023.pdf.md){rel="alternate" type="text/markdown"}
  - [Switzerland: Staff Report for the 1999 Article IV Consultation - ISCR/00/23 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2000/_cr0023.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/30/switzerland-staff-report-for-the-1999-article-iv-consultation-3433_