Switzerland is a very highly developed country, one of the richest in the world.

An excerpt from the article 45 facts about Switzerland

Among European countries, its economy has the best freedom index, and in the global ranking, it ranks fourth after Hong Kong, Singapore, and New Zealand.

Switzerland has a stable, prosperous, and technologically advanced economy, enjoys enormous wealth, and in many rankings, it is considered the richest country in the world per capita.

The country's economy is largely based on the private sector and low tax rates - the country has been considered a tax haven.