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These 20 countries make up 80% of the world's economy

Economic power nations
20. Switzerland – 0.82% share
19. Turkey – 0.89% share
18. Saudi Arabia – 0.91% share
17. Netherlands – 1.06% share
16. Indonesia – 1.25% share
15. Mexico – 1.43% share
14. Spain – 1.66% share
13. Australia – 1.67% share
12. South Korea – 1.89% share
11. Russia – 1.93% share
10. Canada – 1.99% share
9. Brazil – 2.18% share
8. Italy – 2.46% share
7. India – 3.18% share
6. France – 3.24% share
5. UK – 3.29% share
4. Germany – 4.66% share
3. Japan – 5.79% share
2. China – 15.86% share
1. USA – 24.7% share
2 of 21
Pocholo Calapre/Shutterstock

20. Switzerland – 0.82% share

Switzerland’s healthy economy can largely be attributed to a strong manufacturing industry. However, with Brexit and US-China trade conflicts weakening trade demand, the State Secretariat for Economic Affairs (SECO) recently warned that the export economy could slow down. Nevertheless, if conflicts are kept at bay, SECO economists believe that Swiss GDP which is currently $0.71 trillion (£0.58trn) will rise by 1.7% in 2019.

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lovemoney staff

26 September 2019

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