Glarus
Economy, taxes and industries
Economic snapshot
- GDP
- CHF 3.1 bn
- 0.4% of Swiss GDP · 2022p
- GDP per capita
- CHF 75,430
- Rank 16 of 26 · 2022p
- Enterprises
- 3,043
- 99.6% SMEs · 2024
- Jobs
- 23,039
- −0.4% vs. 2023 · 2024
- Unemployment
- 1.6%
- Aug. 2026 · Aug. 2025: 1.7%
- Median gross wage
- CHF 6,623
- CHF per month · Eastern Switzerland, 2024
Overview
Glarus is one of Switzerland's smallest cantons, with 42,451 residents, 23,039 jobs and 3,043 enterprises. GDP reached CHF 3.1 billion in 2022, or CHF 75,430 per head. Job growth has been the weakest in the country: employment rose by 2.9% between 2019 and 2024, the lowest increase of the 26 cantons, and edged down by 0.4% in 2024. Unemployment was 1.6% in August 2026, below the Swiss rate of 3.0%.
Glarus is one of the most industrial cantons in eastern Switzerland. Plastics, metals and metal products account for 8.4% of jobs, 3.6 times the national share, and food and beverages for 4.6%, the second-highest concentration of any canton after employment in the sector grew by 20.9% in five years. The chocolate maker Läderach is based in the canton, and Netstal in Glarus Nord builds injection-moulding machines. Construction (10.2%) and energy, water, waste and mining (2.4%, driven by hydropower) are also well above average. Since 2011 the canton has had just three municipalities: Glarus, Glarus Nord and Glarus Süd.
KPMG ranks Glarus's maximum effective corporate tax rate of 12.50% as the fourth-lowest in Switzerland in 2026 (2025: 12.32%). The top income tax rate is 31.17%. In ValIndex's ownership study, 60.6% of Glarus GmbHs belong to a single person, the fourth-highest share of any canton.
Location advantages
- Fourth-lowest maximum effective corporate tax rate in Switzerland (12.50%)
- Second-highest concentration of plastics, metals and metal-products jobs of any canton (3.6 times the Swiss share)
- Food and beverage employment up 20.9% in five years, the second-highest sector concentration in Switzerland
- Unemployment of 1.6% in August 2026, below the Swiss rate of 3.0%
- Hydropower and three merged municipalities that simplify permitting and administration
Taxes 2026
- Max. effective corporate tax rate
- 12.50%
- 2025: 12.32%
- Corporate tax rank
- 4/26
- 1 = lowest rate
- Top income tax rate
- 31.17%
- Rank 10 of 26 (1 = lowest)
KPMG's Clarity on Swiss Taxes 2026 puts the maximum effective corporate income tax rate in Glarus (federal, cantonal and communal taxes combined) at 12.50% (2025: 12.32%): rank 4 of 26, counting from the lowest rate (Swiss average: 14.43%). The maximum income tax rate for a single person, including federal tax, is 31.17%: rank 10 of 26, counting from the lowest rate (average: 33.04%).
Industry structure
| Sector | Jobs | Share | vs. CH |
|---|---|---|---|
| Health & social care | 3,060 | 13.3% | 0.9× |
| Wholesale, retail & motor trade | 2,702 | 11.7% | 1.1× |
| Construction & building trades | 2,349 | 10.2% | 1.6× |
| Plastics, metals & metal products | 1,932 | 8.4% | 3.6× |
| Education | 1,438 | 6.2% | 0.8× |
| Legal, consulting, engineering & R&D | 1,098 | 4.8% | 0.5× |
| Arts, recreation & personal services | 1,081 | 4.7% | 0.8× |
| Food, beverages & tobacco | 1,058 | 4.6% | 2.9× |
| Machinery, electrical & vehicle engineering | 1,024 | 4.4% | 1.7× |
| Agriculture, forestry & fishing | 1,004 | 4.4% | 1.6× |
| Transport, logistics & postal services | 989 | 4.3% | 0.9× |
| Hotels & restaurants | 901 | 3.9% | 0.8× |
| Banking, insurance & financial services | 878 | 3.8% | 0.8× |
| Staffing, facility & business support | 740 | 3.2% | 0.5× |
| Public administration | 641 | 2.8% | 0.7× |
| Textiles, wood, paper & printing | 584 | 2.5% | 2.0× |
| Energy, water, waste & mining | 556 | 2.4% | 2.2× |
| Information, communication & IT | 294 | 1.3% | 0.3× |
| Real estate | 250 | 1.1% | 0.8× |
| Medical devices, furniture & other manufacturing | 245 | 1.1% | 1.5× |
| Chemicals & pharmaceuticals | 148 | 0.6% | 0.5× |
| Electronics, instruments & watches | 58 | 0.3% | 0.1× |
BFS STATENT 2024; jobs are counted at the workplace. “vs. CH” divides the sector’s share of jobs in the canton by its share in Switzerland (1.0× = national average).
Key employers
NETSTAL Maschinen AG
Machinery & industrial engineering
Glarus Nord
Läderach (Schweiz) AG
Chocolate
Glarus
Glarner Kantonalbank
Cantonal bank
Glarus
Kantonsspital Glarus AG
Hospitals & healthcare
Glarus
Technische Betriebe Glarus
Energy utility
Glarus
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Data vintages
- Population
- BFS STATPOP, end of 2025
- GDP
- BFS cantonal GDP, 2022 (provisional)
- Enterprises, jobs, sectors
- BFS STATENT 2024
- Unemployment
- SECO, August 2026
- Wages
- BFS Swiss Earnings Structure Survey 2024, major regions
- Taxes
- KPMG Clarity on Swiss Taxes 2026
- Succession & ownership
- ValIndex studies, June and July 2026