Counterfeiting, Piracy and the Swiss Economy

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The Swiss economy is innovative and knowledge-intensive. Consequently, it relies heavily on intellectual property rights. Swiss industries are also export-oriented and solidly integrated in the global economy. At the same time, the threats of counterfeiting and piracy are growing, and Swiss industries are vulnerable. This report measures the direct economic effects of counterfeiting on Swiss industry and the Swiss government. It estimates the impact of the global trade in fake products that pose as “Swiss made” in terms of lost jobs, forgone profits and lower tax revenues.


Concluding remarks

In assessing the global trade in goods that infringe Swiss intellectual property rights (IPRs), this report has shown the heavy impact of this illicit activity on Switzerland. The impact on the country’s manufacturing industry is significant – equivalent to more than 0.7% of Swiss gross domestic product (GDP) and contributing to almost 11 000 lost jobs in 2018 alone, equivalent to 1.7% of all employees in Swiss manufacturing. It is not only industry affected but the impact on the Swiss government in lost revenues is also significant – amounting to almost USD 160 million in 2018.


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