Switzerland vs Euro area
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Economy power of Switzerland & Euro area
World Rank 18
7.27
The Swiss Federation is a mountainous country located in the Western, Central, and Southern Europe. In spite of that, the territory is not large. The land covers only 40,000 square kilometers, which is 132nd place in the world. It is important to notice that Switzerland is a land-locked country with the Alps covering most of its land.
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The euro area (eurozone) is a monetary union of 19 member states of the European Union that have the euro as their primary currency.
List of member states: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Andorra, Monaco, San Marino, and Vatican City have formal agreements with the EU to use the euro as their official currency.
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