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The Geneva financial centre

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The data on the financial centre come mainly from the Fondation Genève Place Financière and its annual economic survey, as well as from the Office cantonal de la statistique (cantonal statistical office).1

IndicatorValueReferencePart
Jobs in the Geneva financial sectorclose to 38,0002025E, K
Share of cantonal gross domestic product12.9%2025E, K
Share of cantonal tax revenue23%2025K
Number of banks in Geneva121, then 802014 and 2024E
Banking jobs in Geneva19,415, then 17,6392014 and 2024E
Wealth managers licensed by FINMA1,532 out of 1,864 applicationsFebruary 2025E
Wealth managers who withdrewaround 650, or −26%2025E
Corporate profit tax rate in Geneva13.99%since 2020E, K
Rejection of the inheritance tax initiative78.3%30 November 2025E

Notes

  1. “La place financière genevoise ‘se porte bien’” [The Geneva financial centre “is doing well”], Léman Bleu, 16 October 2025; Fondation Genève Place Financière and Allnews, 21 October 2024 and 16 October 2025, cited in Parts E and K. ↩

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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