Switzerland Tenders

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Switzerland has a stable, prosperous and high-tech economy and enjoys great wealth, being ranked as the wealthiest country in the world per capita in multiple rankings. The country has been ranked as one of the least corrupt countries in the world. It has the world's twentieth largest economy by nominal GDP and the thirty-eighth largest by purchasing power parity. It is the seventeenth largest exporter. Zürich and Geneva are regarded as global cities. Basel is the capital of the pharmaceutical industry in Switzerland. With its world-class companies, it is also one of the world's most important centres for the life sciences industry. Switzerland has the highest European rating in the Index of Economic Freedom 2010, while also providing large coverage through public services. Switzerland was ranked 5th in the world in 2018 by World Bank and estimated at 9th by the IMF in 2020. Switzerland is home to several large multinational corporations. Switzerland's most important economic sector is manufacturing. Manufacturing consists largely of the production of specialist chemicals, health and pharmaceutical goods, scientific and precision measuring instruments and musical instruments. The largest exported goods are chemicals, machines/electronics, and precision instruments/watches. Exported services amount to a third of exports.The service sector – especially banking and insurance, tourism, and international organisations – is another important industry for Switzerland. Tourism constitutes an important revenue for the less industrialised alpine regions. Switzerland is a member of the European Free Trade Association.