Overview economy

Economic development, value added, sectoral structure and company structure. Here you can find the most important macroeconomic figures and charts for the business location Basel-Stadt.

Economy

  2010 2017 2018 2019 2020
nominal gross value added
(CHF billion)
34.8 40.7 42.2 43.5 *  -
nominal GDP
(CHF per capita,
in thousand)
165.7 197.9 204.4 209.9 *  -
growth in real GDP
per capita
2.0 % 6.4 % 2.6 % 5.5 % *  -
inflation 0.8 % 0.8 % 1.1 % 0.5 % -0.6 %

Source: BAK Economics, Statistical Office of the Canton of Basel-Stadt.
* = Estimate

Regional economic performance

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Industry-Share

Gross value added

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Sectoral concentration and productivity

Explanation: The coefficient of localisation is created to analyse the regional specialisations of the industries. It compares the ratio of employed persons of the industry with the average ratio of the sector for total employment. A value higher than 1 indicates that in Basel-Stadt the sector is represented higher than the Swiss average.

 

Industry development

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Business structure

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One third of all employees in the canton of Basel-Stadt worked in places with more than 250 employees in 2020, although Basel-Stadt has the lowest number of workplaces of this size. Most businesses have nine employees or even fewer than that.

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Foreign Trade

Who were the most important trading partners of Basel-Stadt’s economy in 2021? Germany ranked first for imports in 2021, just as it has for the past five years. Most exports went to the United States, as in the previous year. Foreign trade in Basel-Stadt is also strongly influenced by the local economic structure: pharmaceutical products account for around 83% of exports and 75% of imports. A graphical presentation of the most important trading partners of the Canton of Basel-Stadt can be found under the following link:

Foreign Trade Figures Basel-Stadt 2021

 

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