Switzerland has a stable, modern, and one of the most capitalist economies in the world. It has the 2nd highest European rating after Ireland in the Index of Economic Freedom 2008.
The nominal per capita GDP is higher than those of the larger western European economies and Japan, ranking 6th behind Luxembourg, Norway, Qatar, Iceland and Ireland.
If adjusted for purchasing power parity it ranks 15th.The World Economic Forum's Global Competitiveness Report currently ranks Switzerland's economy as the second most competitive in the world. For much of the 20th century, Switzerland was the wealthiest country in Europe by a considerable margin.
In 2005 the median household income in Switzerland was an estimated 95,000 CHF, the equivalent of roughly 55,000 USD in purchasing power parity, which is similar to wealthy American states like California and Vermont.
Ally all of the above with extremely low unemployment levels, Mediterranean climate and cosmopolitan retail outlets, Switzerland is an extremely attractive relocation destination.
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