Income Classes In Switzerland

The value for income share held by second 20 in switzerland was 12 50 as of 2015.

Income classes in switzerland. The standard of education is extremely high and education is like switzerland itself multilingual. 63 1 came from salaries 12 5 from self employed work 4 3 from returns on assets and rental income 18 9 from social insurance pensions and 1 2 from monetary transfers by other households. In 2013 the mean household income in switzerland was chf 120 624 c. Its overall score has increased by 0 1 point due to slightly higher scores for property rights.

However foreign workers in positions of greater responsibility earn more than their swiss counterparts. The contribution from the agricultural sector is less than 1. Switzerland has the second highest gross domestic product gdp per capita in the world. A fifth of the population earn less than the middle class and a fifth have more.

For switzerland this number is us 72 900 and all those with net wealth between us 72 900 and us 729 000 are considered middle class. Income groups in total population. Switzerland places taxes on income and wealth direct taxes as well as on goods and services indirect taxes. Switzerland income distribution income share held by second 20.

About 74 of swiss gdp is generated by the service sector and 25 by industry. For cross border commuters this salary is 10 750 francs against 10 136 francs for swiss employees. In addition most cantons levy inheritance and gift taxes in switzerland although spouses and direct descendants are typically exempt. Lessons are taught in the language of the region german french italian or romansch with classes in a second official language and also english early on.

Usd 95 000 nominal usd 72 000 ppp. At the end of 2015 swiss gdp per capita stood at chf 77 943 approx. In switzerland 45 of the population fell into this band in 2015 putting it ahead of the us 38 germany 42 sweden 39 and denmark 40. This is a tax on gains from the sale of immovable property and certain other taxes and dues.

As the graph below shows over the past 9 years this indicator reached a maximum value of 12 70 in 2012 and a minimum value of 12 00 in 2006. Eur 73 000 or usd 81 000. Usd 134 000 nominal usd 101 000 ppp the mean household income after social security taxes and mandatory health insurance was chf 85 560 c. Most children and young people in switzerland around 95 go to swiss state schools.

Switzerland s economic freedom score is 82 0 making its economy the 5th freest in the 2020 index.