World Travel Information

Author: Anne Tide

Switzerland is the high class jewel of Europe. This fabulous country situated in the very heart of Europe is the perfect travel destination for those who enjoy a unique blend of culture, modern sophistication and breathtaking landscapes. With the world-renown Swiss Alps and thriving cities such as Bern and Zurich, Switzerland is an all year round travel delight. From skiing and hiking to traditional folk entertainment and shopping, travel Switzerland is never a dull experience. Be sure to take a look at Switzerland Travel Guide before embarking on the vacation of your lifetime.

Although Switzerland is a medium-sized European country with a population of only 7.3 million it’s surprising how much variety it has to offer. The country is gorgeous any time of year and cities such as Zurich, Bern or Geneva should be part of your itinerary. Zurich, the financial capital of the world, is beautifully located on the tip of the Limmat River. The city’s must see attractions include the Gothic Fraumunter, the Fluntern Cemetery and the Church of Our Lady. Switzerland is also famous for its high class shopping locations such as the famous Bahnhofstrasse Street in Zurich. The historical city of Geneva also has much to offer: the world’s tallest fountain, the flower clock, the Chatedrale de St. Pierreand and the Musee de L’Horlogere - dedicated to Swiss watches. Switzerland Travel Guide offers detailed information on Switzerland accommodations, customs, attractions and costs.

The renowned Swiss Alps are definitely an important part of Switzerland’s unparalleled charm. If you’re planning to travel Switzerland during the winter season you’ll be absolutely delighted with everything it has to offer. The mountain peaks rise above 4,000m providing some fabulous skiing resorts, including St. Moritz and Klosters. Switzerland is also famous for its high class ski resorts and exceptional services. Adventure lovers will be captivated with the skiing at Matterhorn in the Zermatt region. Mount Titlis and mount Rigi are also popular tourist attractions with beautiful glaciers and capped peaks. During summer, the Swiss Alps are a natural paradise and an ideal location for hiking and sightseeing.

Switzerland is the land of fine chocolate, cuckoo clocks, wine, cheese and the famous army knives. Switzerland is also a country with exceptional history, culture and traditions. If you enjoy cultural traveling experiences, Switzerland is the perfect destination. The highly acclaimed Montreaux Jazz festival attracts thousands of tourists who enjoy good music every year. If you plan to travel Switzerland you shouldn’t leave without visiting a few of its unique museums such as the Collection de l’Art Brut museum in Lusanne. Switzerland Travel Guide will help you find all the information you need on the country’s cultural, historical and fashion hot spots.

Traveling to Switzerland is an incredible and unforgettable experience. The fabulous European country has everything from breathtaking landscapes and trendy resorts to high end shopping, historical beauty and captivating culture. Switzerland is a country you can enjoy all year round, in the company of family or friends. Switzerland Travel Guide is your number one travel Switzerland resource for information on accommodations, culture, traditions and costs.

Economy of Switzerland

Switzerland has a stable modern mixed market economy, with a nominal per capita GDP that is higher than those of the larger western European economies, the United States, and Japan ranking 6th behind Luxembourg, Norway, Qatar, Iceland and Ireland. If adjusted for purchasing power parity it ranks 15th [19]. The World Economic Forum’s Global Competitiveness Report currently ranks Switzerland’s economy as the most competitive in the world.[20] For much of the 20th century, Switzerland was the wealthiest country in Europe by a considerable margin.[21] Its median household income in 2003 was an estimated 96,000 CHF, the equivalent of roughly $88.422,21 USD in purchasing power parity, considerably higher than in other post-industrial-countries, such as the U.S., Canada or UK.[22]

Switzerland is home to several large multinational corporations. Notable among these are Nestle, UBS AG, Zurich Financial Services, Credit Suisse, Novartis, Roche, ABB, Swiss Re, and The Swatch Group. Switzerland is ranked as one of the most powerful economies in the world.[21]

Banking, tourism, pharmaceuticals, and chemicals are important industries in Switzerland. The manufacture of precision instruments for engineering is important, as is watch-making, and the biological sciences industries as well enjoy a high place in the Swiss economy. The many international organizations in Switzerland contribute to the Swiss economy and labor market.

Switzerland’s unemployment rate increased from a low of 1.7% in June 2000 to a peak of 3.9% in September 2004. Thanks to the current economic upturn which started in mid-2003, the unemployment rate has decreased to 2.8% in 2007[citations needed]. OECD puts the Swiss standardized unemployment rate at 3.6% for 2007 down from 4.5% two years earlier. [23] [24]

According to Credit Suisse, only about 37 percent of the Swiss own their own homes. Ownership rates are among the lowest in Europe

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