Markets Actual Q3 Q4 Q1 Q2 2020
Currency 0.98 1 1 1.01 1.01 1.02
Stock Market (points) 9845.87 9532 9433 9335 9238 9046
Government Bond 10Y (%) -1.03 0.07 0.16 0.25 0.35 0.42
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.60 0.4 0.5 0.4 0.3 0.4
GDP Annual Growth Rate (%) 1.70 1.2 1.3 1.4 1.5 1.7
Unemployment Rate (%) 2.10 2.2 2.5 2.6 2.5 3.2
Inflation Rate (%) 0.30 0.6 0.5 0.6 0.7 0.7
Inflation Rate Mom (%) -0.50 0.1 -0.3 0.4 0.2 -0.2
Interest Rate (%) -0.75 -0.75 -0.75 -0.75 -0.75 -0.75
Balance of Trade (CHF million) 3251.00 3300 1750 1770 1770 180
Current Account (CHF Million) 17215.95 17500 21800 18200 25900 19500
Current Account to GDP (%) 10.20 9.1 9.1 9.3 9.3 9.3
Government Debt to GDP (%) 27.70 26.8 26.8 26 26 26
Government Budget (% of GDP) 1.30 1 1 0.6 0.6 0.6
Business Confidence (Index Points) 97.10 95 94 96 98 100
Manufacturing PMI 44.70 52.5 52.8 53 52.9 53.6
Consumer Confidence (Index Points) -8.00 -8 -10 -6 -4 -6
Retail Sales MoM (%) 1.50 -1.6 0.4 0.3 -0.4 0.5
Corporate Tax Rate (%) 18.00 17.77 17.77 17.77 18 17.77
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.60 0.4 0.5 0.4 0.3 0.4
GDP Annual Growth Rate (%) 1.70 1.2 1.3 1.4 1.5 1.7
GDP (USD Billion) 705.50 715 715 729 729 729
GDP Constant Prices (CHF Million) 176651.74 176066 177587 177763 179125 180606
Gross Fixed Capital Formation (CHF Million) 43546.20 43279 43224 43267 44156 43959
GDP per capita (USD) 78816.20 79400 79400 80200 80200 80200
GDP per capita PPP (USD) 59019.20 59800 59800 60900 60900 60900
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 2.10 2.2 2.5 2.6 2.5 3.2
Wages (CHF/Month) 6291.00 6323 6335 6335 6360 6424
Wages in Manufacturing (Index Points) 113.10 114 114 114 114 116
Population (Million) 8.48 8.54 8.54 8.6 8.6 8.6
Retirement Age Women 64.00 64 64 64 64 64
Retirement Age Men 65.00 65 65 65 65 65
Non Farm Payrolls (Thousand) 5071.00 5128 5115 5050 5065 5150
Wage Growth (%) 0.50 0.9 0.9 1.1 1.2 1.1
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 0.30 0.6 0.5 0.6 0.7 0.7
Inflation Rate Mom (%) -0.50 0.1 -0.3 0.4 0.2 -0.2
Consumer Price Index CPI (Index Points) 102.14 102 102 103 103 103
Core Consumer Prices (Index Points) 101.17 101 101 102 103 102
Core Inflation Rate (%) 0.40 0.6 0.6 0.7 0.8 0.8
Producer Prices (Index Points) 101.58 104 104 103 103 105
Producer Prices Change (%) -1.70 0.5 1 0.9 1.2 1.5
Cpi Housing Utilities (Index Points) 103.65 104 104 104 104 105
CPI Transportation (Index Points) 104.87 104 103 105 107 104
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) -0.75 -0.75 -0.75 -0.75 -0.75 -0.75
Interbank Rate (%) -0.84 -0.71 -0.71 -0.46 -0.71 -0.46
Deposit Interest Rate (%) -0.33 -0.31 -0.31 -0.31 -0.31 -0.06
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (CHF million) 3251.00 3300 1750 1770 1770 180
Current Account (CHF Million) 17215.95 17500 21800 18200 25900 19500
Current Account to GDP (%) 10.20 9.1 9.1 9.3 9.3 9.3
Imports (CHF million) 17131.00 18450 19150 19950 20420 20620
Exports (CHF million) 20382.00 21750 22200 22720 22920 23200
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 27.70 26.8 26.8 26 26 26
Government Budget (% of GDP) 1.30 1 1 0.6 0.6 0.6
Government Spending (CHF Million) 19991.24 19986 20136 20155 20271 20478
Government Spending to GDP (%) 32.50 32.8 32.8 32.6 32.6 32.6
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 18.00 17.77 17.77 17.77 18 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 (%) 12.00 12.46 12.46 12.46 12 12.46
Social Security Rate For Companies (%) 6.00 6.23 6.23 6.23 6 6.23
Social Security Rate For Employees (%) 6.00 6.23 6.23 6.23 6 6.23
Business Actual Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) 97.10 95 94 96 98 100
Manufacturing PMI 44.70 52.5 52.8 53 52.9 53.6
Zew Economic Sentiment Index -24.00 -27 -8 -10 -2 -6
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Confidence (Index Points) -8.00 -8 -10 -6 -4 -6
Retail Sales MoM (%) 1.50 -1.6 0.4 0.3 -0.4 0.5
Retail Sales YoY (%) 0.70 0.6 0.5 0.8 1 1.1
Consumer Spending (CHF Million) 93430.10 93300 94213 94306 94738 95815
Gasoline Prices (USD/Liter) 1.69 1.67 1.63 1.59 1.55 1.55


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.