Markets Actual Q4 Q1 Q2 Q3 2020
Currency 0.99 1 1.01 1.01 1.02 1.03
Stock Market (points) 9989.04 9969 9862 9755 9650 9443
Government Bond 10Y (%) -0.62 0.07 0.16 0.25 0.35 0.42
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.30 0.5 0.4 0.3 0.2 0.4
GDP Annual Growth Rate (%) 0.20 1 1.2 1.1 1.2 1.5
Unemployment Rate (%) 2.10 2.5 2.6 2.5 2.5 3.2
Inflation Rate (%) 0.10 0.1 0.2 0.1 0.2 0.3
Inflation Rate Mom (%) -0.10 -0.3 0.4 0.2 0.3 -0.2
Interest Rate (%) -0.75 -0.75 -0.75 -0.75 -0.75 -0.75
Balance of Trade (CHF million) 2881.00 1750 1770 1770 3500 180
Current Account (CHF Million) 21272.85 21800 18200 25900 19100 19500
Current Account to GDP (%) 10.20 9.1 9.3 9.3 9.3 9.3
Government Debt to GDP (%) 27.70 26.8 26 26 26 26
Government Budget (% of GDP) 1.30 1 0.6 0.6 0.6 0.6
Business Confidence (Index Points) 93.20 94 96 98 102 100
Manufacturing PMI 44.60 50.8 52 52.9 53.4 53.6
Consumer Confidence (Index Points) -8.00 -10 -6 -4 -7 -6
Retail Sales MoM (%) -1.60 0.4 0.3 -0.4 -1.2 0.5
Corporate Tax Rate (%) 18.00 17.77 17.77 18 18 17.77
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.30 0.5 0.4 0.3 0.2 0.4
GDP Annual Growth Rate (%) 0.20 1 1.2 1.1 1.2 1.5
GDP (USD Billion) 705.50 715 729 729 729 729
GDP Constant Prices (CHF Million) 177199.92 177587 177763 178815 179149 180606
Gross Fixed Capital Formation (CHF Million) 42517.40 43224 43267 43310 42985 43959
GDP per capita (USD) 78816.20 79400 80200 80200 80200 80200
GDP per capita PPP (USD) 59019.20 59800 60900 60900 60900 60900
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate (%) 2.10 2.5 2.6 2.5 2.5 3.2
Wages (CHF/Month) 6291.00 6335 6335 6335 6354 6424
Wages in Manufacturing (Index Points) 112.40 114 114 113 114 116
Population (Million) 8.48 8.51 8.54 8.54 8.54 8.54
Retirement Age Women 64.00 64 64 64 64 64
Retirement Age Men 65.00 65 65 65 65 65
Non Farm Payrolls (Thousand) 5109.00 5115 5050 5065 5190 5150
Wage Growth (%) 0.50 0.7 0.7 1 0.9 1.1
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 0.10 0.1 0.2 0.1 0.2 0.3
Inflation Rate Mom (%) -0.10 -0.3 0.4 0.2 0.3 -0.2
Consumer Price Index CPI (Index Points) 102.02 102 102 102 103 103
Core Consumer Prices (Index Points) 101.13 101 101 102 102 102
Core Inflation Rate (%) 0.40 0.3 0.4 0.4 0.5 0.5
Producer Prices (Index Points) 101.40 104 103 102 102 105
Producer Prices Change (%) -2.00 -1.2 0.1 0.5 0.4 0.7
Cpi Housing Utilities (Index Points) 103.80 104 104 104 104 105
CPI Transportation (Index Points) 102.96 103 104 105 106 104
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate (%) -0.75 -0.75 -0.75 -0.75 -0.75 -0.75
Interbank Rate (%) -0.78 -0.71 -0.46 -0.76 -0.76 -0.46
Deposit Interest Rate (%) -0.41 -0.31 -0.36 -0.36 -0.36 -0.06
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (CHF million) 2881.00 1750 1770 1770 3500 180
Current Account (CHF Million) 21272.85 21800 18200 25900 19100 19500
Current Account to GDP (%) 10.20 9.1 9.3 9.3 9.3 9.3
Imports (CHF million) 17395.00 18150 18950 19420 19980 20620
Exports (CHF million) 20276.00 22200 22720 22920 23020 23200
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP (%) 27.70 26.8 26 26 26 26
Government Budget (% of GDP) 1.30 1 0.6 0.6 0.6 0.6
Government Spending (CHF Million) 19989.06 20136 20155 20205 20209 20478
Government Spending to GDP (%) 32.50 32.8 32.6 32.6 32.6 32.6
Taxes Actual Q4 Q1 Q2 Q3 2020
Corporate Tax Rate (%) 18.00 17.77 17.77 18 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 12 12.46
Social Security Rate For Companies (%) 6.00 6.23 6.23 6 6 6.23
Social Security Rate For Employees (%) 6.00 6.23 6.23 6 6 6.23
Business Actual Q4 Q1 Q2 Q3 2020
Business Confidence (Index Points) 93.20 94 96 98 102 100
Manufacturing PMI 44.60 50.8 52 52.9 53.4 53.6
Zew Economic Sentiment Index -15.40 -8 -10 -2 -7 -6
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Confidence (Index Points) -8.00 -10 -6 -4 -7 -6
Retail Sales MoM (%) -1.60 0.4 0.3 -0.4 -1.2 0.5
Retail Sales YoY (%) -1.40 0.5 0.8 1 0.9 1.1
Consumer Spending (CHF Million) 93515.60 94213 94306 94320 94544 95815
Gasoline Prices (USD/Liter) 1.65 1.45 1.42 1.47 1.42 1.42


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.