Markets Actual Q1 Q2 Q3 Q4 2020
Currency 1.00 0.99 1 1 1.01 1.02
Stock Market (points) 9023.96 8330 8231 8134 8038 7849
Government Bond 10Y (%) -0.14 0.02 0.05 0.08 0.11 0.14
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) -0.20 0.3 0.3 0.4 0.5 0.4
GDP Annual Growth Rate (%) 2.40 2.6 2.5 2.3 2 2.6
Unemployment Rate (%) 2.70 2.5 2.6 2.7 3 3.2
Inflation Rate (%) 0.70 0.9 1 1.2 1.4 1.9
Inflation Rate Mom (%) -0.30 0.3 0.4 0.03 0.4 0.5
Interest Rate (%) -0.75 -0.75 -0.75 -0.75 -0.5 0.25
Balance of Trade (CHF million) 3071.48 1790 2030 1900 3000 2800
Current Account (CHF Million) 14596.00 19900 17015 21800 21800 19500
Current Account to GDP (%) 9.80 9.8 9.8 9.8 9.8 8.8
Government Debt to GDP (%) 29.70 31.1 31.1 31.1 31.1 30.7
Government Budget (% of GDP) 1.20 1.2 1.2 1.2 1.2 1.5
Business Confidence (Index Points) 96.30 98.5 103 105 105 105
Manufacturing PMI 57.80 55.5 55.4 55.6 54.5 54
Consumer Confidence (Index Points) -6.00 5 10 9 7 5
Retail Sales MoM (%) 0.20 -0.4 -0.3 0 0.4 0.4
Corporate Tax Rate (%) 17.77 17.77 17.77 17.77 17.77 17.77
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) -0.20 0.3 0.3 0.4 0.5 0.4
GDP Annual Growth Rate (%) 2.40 2.6 2.5 2.3 2 2.6
GDP (USD Billion) 678.89 702 702 702 702 715
GDP Constant Prices (CHF Million) 175106.43 176543 177695 177120 178609 183252
Gross Fixed Capital Formation (CHF Million) 43116.30 43992 44202 43612 43979 45122
GDP per capita (USD) 76667.44 77000 77000 77000 77000 77200
GDP per capita PPP (USD) 57410.17 57800 57800 57800 57800 58000
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 2.70 2.5 2.6 2.7 3 3.2
Wages (CHF/Month) 6260.00 6320 6320 6291 6320 6370
Wages in Manufacturing (Index Points) 113.10 117 114 115 117 118
Population (Million) 8.48 8.55 8.53 8.55 8.55 8.66
Retirement Age Women 64.00 64 64 64 64 64
Retirement Age Men 65.00 65 65 65 65 65
Non Farm Payrolls (Thousand) 5070.00 4995 4999 5128 5015 5025
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 0.70 0.9 1 1.2 1.4 1.9
Inflation Rate Mom (%) -0.30 0.3 0.4 0.03 0.4 0.5
Consumer Price Index CPI (Index Points) 101.50 102 103 103 103 105
Core Consumer Prices (Index Points) 100.69 101 101 101 101 101
Producer Prices (Index Points) 102.50 105 106 106 118 122
Producer Prices Change (%) 0.60 2.5 2.4 2.3 2.2 2
Cpi Housing Utilities (Index Points) 103.50 104 104 105 106 108
CPI Transportation (Index Points) 102.80 104 106 104 105 107
Harmonised Consumer Prices (Index Points) 101.24 101 102 103 103 105
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) -0.75 -0.75 -0.75 -0.75 -0.5 0.25
Interbank Rate (%) -0.70 -0.76 -0.81 -0.86 -0.86 -0.86
Deposit Interest Rate (%) -0.32 -0.25 -0.2 -0.07 -0.15 0.2
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (CHF million) 3071.48 1790 2030 1900 3000 2800
Current Account (CHF Million) 14596.00 19900 17015 21800 21800 19500
Current Account to GDP (%) 9.80 9.8 9.8 9.8 9.8 8.8
Imports (CHF million) 16123.57 19670 20120 20850 21450 23620
Exports (CHF million) 19195.05 21460 22150 22750 23200 24500
Terms of Trade (Index Points) 117.14 115 116 115 114 112
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 29.70 31.1 31.1 31.1 31.1 30.7
Government Budget (% of GDP) 1.20 1.2 1.2 1.2 1.2 1.5
Government Budget Value (CHF Million) 2176.00 1112 24 -1064 -2152 -294
Government Spending (CHF Million) 19864.58 20365 20381 20321 20262 20789
Government Spending to GDP (%) 33.00 33 33 33 33 33
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 17.77 17.77 17.77 17.77 17.77 17.77
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
Sales Tax Rate (%) 7.70 7.7 7.7 7.7 7.7 7.7
Social Security Rate (%) 12.46 12.46 12.46 12.46 12.46 12.46
Social Security Rate For Companies (%) 6.23 6.23 6.23 6.23 6.23 6.23
Social Security Rate For Employees (%) 6.23 6.23 6.23 6.23 6.23 6.23
Business Actual Q1 Q2 Q3 Q4 2020
Business Confidence (Index Points) 96.30 98.5 103 105 105 105
Manufacturing PMI 57.80 55.5 55.4 55.6 54.5 54
Zew Economic Sentiment Index -22.20 -20.4 -4.6 5.1 15.1 12.2
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (Index Points) -6.00 5 10 9 7 5
Retail Sales MoM (%) 0.20 -0.4 -0.3 0 0.4 0.4
Retail Sales YoY (%) -0.50 1 1.1 0.32 1.5 1.8
Consumer Spending (CHF Million) 92700.20 93651 93788 93766 94554 97013
Gasoline Prices (USD/Liter) 1.69 1.59 1.55 1.52 1.48 1.48


This page has economic forecasts for Switzerland including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Switzerland economy.