bank was asked to devalue the Swiss Franc, especially compared to the Euro. 4. The government should implement the anti-cyclical measure of increasing budget deficits. Government spending should increase in the infrastructure and education sectors. Lowering taxes would make sense in order to promote private household consumption. 5. Flexible work schedules should be instituted, thus avoiding low demand dismissals. These measures were applied with successful results while the government strove for the Magical Hexagon of full employment, social equality, economic growth, environmental quality, positive trade balance and price stability. The rebound which started in mid-2003 saw growth rate growth rate averaging 3% (2004 and 2005 saw a GDP growth of 2.5% and 2.6% respectively; for 2006 and 2007, the rate was 3.6%). In 2008, GDP growth was modest in the first half of the year while declining in the last two quarters. Because of the base effect, real growth came to 1.9%. While it contracted 1.9% in 2009, the economy started to pick up in Q3 and by the second quarter of 2010, it had surpassed its previous peak. Growth for 2010 was 2.6% The stock market collapse of 2007-2009 deeply affected investment income earned abroad. This translated to a substantial fall in the surplus of the current account balance. In 2006, Switzerland recorded a 15.1% per GDP surplus. It went down to 9.1% in 2007 and further dropped to 1.8% in 2008. It recovered in 2009 and 2010 with a surplus of 11.9% and 14.6% respectively. Unemployment peaked in December 2009 at 4.4%. In August 2018 the unemployment rate was 2.4%. The chart below shows the trend of the gross domestic product of Switzerland at market prices: Data The following table shows the main economic indicators in 1980–2021. Inflation below 5% is in green. Economic sectors The Swiss economy follows the typical developed country model with respect to the economic sectors. Only a small minority of the workers are involved in the primary or agricultural sector (1.3% of the population, ) while a larger minority is involved in the secondary or manufacturing sector (27.7% ). The majority of the working population are involved in the tertiary or services sector of the economy (71.0% ). While most of the Swiss economic practices have been brought largely into conformity with the European Union's policies, some trade protectionism remains, particularly for the small agricultural sector. Watches Switzerland is a leading exporter of