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Fitch Affirms Switzerland at 'AAA'; Outlook Stable

From fitchratings.com

Switzerland's 'AAA' ratings reflect a track record of prudent economic and fiscal policy, a diversified and wealthy economy, high levels of human development and strong governance metrics. Switzerland surpasses its 'AAA' peers on most key credit indicators, with GDP per capita forecast this year to be around 1.4x the 'AAA' median. The Swiss economy expanded at a fast pace in 1H18, with real GDP 3.2% higher than the same period a year earlier. Exports and investment were the main drivers of growth. This strong outturn has led us to substantially revise our forecast for GDP growth this year to 3.0% from 2.1%. At the ... (full story)

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