Creating Jobs and Supporting the U.S. Economy

Switzerland and the United States are closely connected through intensive cross-border investments. The U.S. is Switzerland’s most important destination for Foreign Direct Investment (FDI) – more than Germany, France, Italy, and the United Kingdom combined. Switzerland ranks as the country’s seventh largest foreign investor and Swiss companies directly create half a million U.S. jobs.

Swiss firms strengthen the U.S. economy and represent a substantial economic presence in the United States. Large Swiss firms, together with many smaller companies, contribute substantially to the economic well-being of the United States, supporting hundreds of thousands of U.S. jobs. Switzerland is also a major destination for exports of goods and services, which generate billions of dollars in sales by U.S.-based businesses every year.

Did you know…..

  • Switzerland is one of the largest foreign investors in the United States. As of the end of 2020, Switzerland had invested $300 billion cumulatively in the United States and ranked as the United States’ seventh-largest foreign direct investor.

  • In 2019, Swiss affiliates supported 490,600 U.S. jobs nationwide at an average salary of about $110,000.

  • Swiss firms spent more than $10 billion on research and development (R&D) activities in the United States, ranking third among all foreign investing countries.

  • Switzerland ranked fifth among foreign countries in value added, generating $90 billion for the U.S. economy in 2019.

  • In 2021, U.S. merchandise exports to Switzerland totaled $24 billion, making the country one of the top 20 export markets worldwide for the United States.

  • At $46 billion in 2021, the United States exported more services to Switzerland than manufactured goods.