In 2015, 25.29% of its total energy
consumption was renewable [2]
In 2021, its GDP grew by 3.69% [2]
In 2021 it had a positive Current
Account Balance of US$bn 75.54 [3]
Its unemployment rate in 2021 was 2.97% [3]
Its Expenditure on R&D (as a percentage of
GDP) in 2019 was 3.15% [2]
A Big Mac will set you back the
local equivalent of US$6.62 [4]
What free trade areas or economic unions is it a member of?
Member of the European Free Trade Association (EFTA) since 03/05/1960
Other members:
Iceland, Liechtenstein, Norway
What trade deals are there between European Free Trade Association and other countries and economic unions?
EFTA - Türkiye Free Trade Agreement (from 01/04/1992)
EFTA - Israel Free Trade Agreement (from 01/01/1993)
European Single Market (SM) (from 01/01/1993)
EFTA - Morocco Free Trade Agreement (from 01/07/1999)
EFTA - Palestinian Authority Free Trade Agreement (from 01/07/1999)
EFTA - Mexico Free Trade Agreement (from 01/07/2001)
EFTA - North Macedonia Free Trade Agreement (from 01/05/2002)
EFTA - Jordan Free Trade Agreement (from 01/09/2002)
EFTA - Singapore Free Trade Agreement (from 01/01/2003)
EFTA - Chile Free Trade Agreement (from 01/12/2004)
EFTA - Tunisia Free Trade Agreement (from 01/07/2005)
SACU - EFTA free trade agreement (from 01/07/2006)
EFTA - Korea, Republic of Free Trade Agreement (from 01/10/2006)
EFTA - Lebanon Free Trade Agreement (from 01/07/2007)
EFTA - Egypt Free Trade Agreement (from 01/08/2007)
EFTA - Canada Free Trade Agreement (from 01/07/2009)
EFTA - Albania Free Trade Agreement (from 01/10/2011)
EFTA - Serbia Free Trade Agreement (from 01/10/2011)
EFTA - Peru Free Trade Agreement (from 01/07/2012)
EFTA - Hong Kong, China Free Trade Agreement (from 01/11/2012)
EFTA - Montenegro Free Trade Agreement (from 01/11/2012)
EFTA - Gulf Cooperation Council (GCC) Free Trade Agreement (from 01/07/2014)
EFTA - Gulf Cooperation Council free trade agreement (from 01/07/2014)
EFTA - Central America Free Trade Agreement (from 05/09/2014)
EFTA - Colombia Free Trade Agreement (from 01/10/2014)
EFTA - Bosnia and Herzegovina Free Trade Agreement (from 01/01/2015)
EFTA - Georgia Free Trade Agreement (from 01/05/2018)
EFTA - Philippines Free Trade Agreement (from 01/06/2018)
EFTA - Ecuador free trade agreement (from 01/11/2020)
EFTA - Indonesia free trade agreement (from 01/11/2021)
What trade deals are there with other countries and economic unions?
Faroe Islands - Switzerland free trade agreement (from 01/03/1995)
Japan - Switzerland free trade agreement (from 01/09/2009)
Switzerland - China free trade agreement (from 01/07/2014)
UK - Switzerland - Liechtenstein Trade Agreement (from 01/01/2021)
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Trade with the United Kingdom
Source: UK Office for National Statistics, October 2022.
Contains public sector information licensed under the Open Government Licence v3.0.