The financial centre in figures

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The data published by the Fondation Genève Place Financière make it possible to measure the weight of the financial sector within the Geneva economy.

Indicator	Value
Jobs in the financial sector	more than 38,000
Share of cantonal gross domestic product	12.9 %
Companies in the financial sector	around 8,400
Banks present in Geneva	121 in 2014, 80 in 2024
Banking jobs	19,415 in 2014, 17,639 in 2024
Annual economic survey	since 2002

The data are drawn from the Fondation’s own presentation and from the reports on its surveys.¹ They show that the financial sector remains a pillar of the cantonal economy despite the consolidation of the banking industry. The fall in the number of banks has been accompanied by growth among the other players: independent wealth managers, trading houses, financial service providers and technology companies.

These figures should be read with caution. Definitions of the financial sector vary from one source to another, and the employment figures cover a wide range of activities. The contribution of commodity trading, which the Fondation counts among the pillars of the financial centre, will be analysed separately in Part G, which will show the considerable discrepancies between the various measures available.

Notes

Fondation Genève Place Financière, presentation, geneve-finance.ch; Allnews, 21 October 2024; Finance Corner, 17 October 2024 (accessed September 2026). ↩

For general information only. This article does not constitute legal or tax advice, does not replace advice on an individual case and creates no lawyer-client relationship. It reflects the legal position as of September 2025.

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The financial centre in figures

Notes

Setting up or expanding in Switzerland?