Switzerland Switzerland Switzerland, officially the Swiss Confederation, is a country in Europe. It consists of 26 cantons, and the city of Bern is the seat of the federal authorities. The sovereign state is a federal republic situated in western, central and southern Europe, and is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is a landlocked country geographically divided between the Alps, the Swiss Plateau and the Jura, spanning a total area of (land area ). While the Alps occupy the greater part of the territory, the
Federal budget of Switzerland in that year. In 2014 the federal budget of Switzerland had an estimated size of 66.353 billion Swiss francs, which is an estimated equivalent 10.63% of the country's GDP in that year. Note that the Swiss "federal" budget only comprises 31.7% of Swiss public expenditure, the rest being managed by the cantons and the municipalities directly. As the federal system in Switzerland divides the nation into three levels of governance, confederation, cantons and municipalities, the federal budget refers solely to the revenues and expenditures at the national level. The regional (canton) budgets, as well as the budgets of the more