Canton

Glarus

Economy, taxes and industries

Population 2025 42,451GDP 2022 CHF 3.1 bnCorporate tax 2026 12.50%

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

SectorJobsSharevs. CH
Health & social care3,06013.3%0.9×
Wholesale, retail & motor trade2,70211.7%1.1×
Construction & building trades2,34910.2%1.6×
Plastics, metals & metal products1,9328.4%3.6×
Education1,4386.2%0.8×
Legal, consulting, engineering & R&D1,0984.8%0.5×
Arts, recreation & personal services1,0814.7%0.8×
Food, beverages & tobacco1,0584.6%2.9×
Machinery, electrical & vehicle engineering1,0244.4%1.7×
Agriculture, forestry & fishing1,0044.4%1.6×
Transport, logistics & postal services9894.3%0.9×
Hotels & restaurants9013.9%0.8×
Banking, insurance & financial services8783.8%0.8×
Staffing, facility & business support7403.2%0.5×
Public administration6412.8%0.7×
Textiles, wood, paper & printing5842.5%2.0×
Energy, water, waste & mining5562.4%2.2×
Information, communication & IT2941.3%0.3×
Real estate2501.1%0.8×
Medical devices, furniture & other manufacturing2451.1%1.5×
Chemicals & pharmaceuticals1480.6%0.5×
Electronics, instruments & watches580.3%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

Market Pulse

Unlock succession and infrastructure data for Glarus

Board paralysis risk, ownership structure and infrastructure for Glarus. Subscribe free to the weekly Market Pulse.

Free weekly newsletter. Unsubscribe anytime.

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

Explore industries in Glarus