Fifth country is Switzerland
The bobsleigh, white chocolate, and, of course, the Swiss Army knife. However, the computer mouse, immersion blender, velcro, and LSD are also included.
The list goes on and on: these are just a few of the innovations that Switzerland has made available to the rest of the globe.
However, nowadays, this 8.6 million-strong country owes most of its income on banking and insurance services, as well as tourism and exports of medicines, jewels and precious metals, precise instruments and machineries (from watches, to medical apparatuses and computers).
Is it really surprising that Switzerland has the world’s greatest concentration of millionaires? According to the most current estimates, there are 9,428 of them (billionaires included) per 100,000 citizens, accounting for 11.8 percent of the entire adult population.
All of that money, however, was not enough to protect the Swiss economy from the impact of Covid-19: output fell by 2.9 percent in 2020. Things might have been worse, especially when we consider that the contractions in Italy, Spain, France, and Germany were 8.8%, 10.9 percent, 8.2%, and 4.9 percent, respectively.