Which are the richest regions in Switzerland?

Which are the richest regions in Switzerland?

13th April 2016, Comments 0 comments

Which Swiss cantons have the highest and lowest wealth per household? It's not Zurich, and large disparities exist between the country's 26 cantons.

Switzerland is known as one of the richest countries in the world with the highest household wealth per capita – $567,100 – according to the Credit Suisse Wealth Report 2015. But large disparities exist in purchasing power between the 8.2 million inhabitants of its 26 cantons, according to a new study by the GfK German market research company published on Tuesday.

Residents of canton Zug had the highest purchasing power in Switzerland in 2016 with an average of €64,990 per capita or CHF70,699 per resident, almost one and a half times the national average (€42,300) – while those living in canton Jura are the least well off (€34‚095), according to new data.

In second place were the central Swiss cantons of Schwyz (€57,023) and Nidwalden (€51,579). The top three are known for their low tax rates. They are followed by Zurich (€47,824) and Geneva (€47,465). 

At the other end of the scale are the cantons of Glarus, Uri and finally Jura (€34,095).

Compared with neighbouring Germany, however, Jura is still much wealthier. The Bavarian district of Starnberg has a purchasing power per resident of €31,850. 

GfK defines purchasing power figures as total net income for the population, as well as capital income and state benefits such as unemployment insurance, family allowances and other benefits. However, general living expenses, insurances and rent are not taken into account.

 

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