The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
Lausanne metropolitan area (Canton of Vaud) covers a total land area of 2,819km2, according to Eurostat. There are a total of 26 cantons in Switzerland. The area's economy is dominated by tourism, financial intermediation, real estate; wholesale and retail trade; hotels and restaurants.In 2022, Lausanne's metropolitan area faced economic challenges with a slowdown attributed to global headwinds, tightening monetary policies, and local factors like high inflation and rising interest rates. The well-diversified economy, primarily in health and education sectors, is expected to grow modestly by 0.7% in real terms in 2023.
Scope
- The service sectors remain the key contributors to Lausanne metrpolitan area's economy and the major employers in 2022
- Lausanne is a key tourist destination in Switzerland, has experienced a surge in visitor numbers concurrent with its economic expansion and resumption of leisure and business travel in 2022
- In 2022, the Lausanne metropolitan area's construction industry contributed CHF15.0 billion ($15.7 billion), marking a 5.4% annual increase. However, in 2023, the construction sector faced a slowdown due to rising interest rates, increased building material costs, and a global economic downturn
Reasons to Buy
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.