For much of the 20th century, Switzerland was the wealthiest country in Europe by a considerable margin (by GDP – per capita). Switzerland also has one of the world's largest account balances as a percentage of GDP. In 2018, the canton of Basel-City had the highest GDP per capita in the country, ahead of the cantons of Zug and Geneva. According to Credit Suisse, only about 37% of residents own their own homes, one of the lowest rates of home ownership in Europe. Housing and food price levels were 171% and 145% of the EU-25 index in 2007, compared to 113% and 104% in Germany.