Canton of Jura - Economy

Economy

Agriculture is important in Canton Jura. Cattle breeding is significant, but there is also horse breeding (the Franches-Montagnes is the last Swiss horse race). The main industries are watches, textiles and tobacco. There is a growing number of small and middle-sized businesses. In 2001, there were 3,578 people who worked in the primary economic sector. 14,109 people were employed in the secondary sector and 16,513 people were employed in the tertiary sector.

In 2001, the Canton produced 0.7% of the entire Swiss national income while it had 0.9% of the total population. In 2005, the average share of the national income per resident of the canton was 38,070 CHF, while the national average was 54,031 CHF, or about 70% of the national income per person. Between 2003 and 2005, the average income grew at a rate of 6.4%, which was larger than the national rate of 5.3%. The average taxes in the canton are higher than in most cantons, in 2006, the tax index in the canton was 126.6 (Swiss average is 100.0). In 2006, the canton had the highest final tax rate on high wage earners (15.26% on a married couple with two children earning 150,000 CHF vs 11.6% nationally), though the tax rate was in the middle for lower income families.