The Swiss economy grew 0.4 percent on quarter in the three months to September 2019, following a 0.3 percent expansion in the previous period and beating market expectations of 0.2 percent. Investment in construction and equipment and software rebounded, and government spending increased at a faster pace.

GDP Growth Rate in Switzerland averaged 0.44 percent from 1980 until 2019, reaching an all time high of 2.40 percent in the fourth quarter of 1999 and a record low of -1.90 percent in the fourth quarter of 2008. This page provides - Switzerland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Growth Rate in Switzerland is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Switzerland to stand at 0.20 in 12 months time. In the long-term, the Switzerland GDP Growth Rate is projected to trend around 0.50 percent in 2020, according to our econometric models.


Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Switzerland GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.30 2.40 -1.90 1980 - 2019 percent Quarterly
SA, WDA

Calendar GMT Actual Previous Consensus TEForecast
2019-02-28 06:45 AM Q4 0.2% -0.3% 0.4% 0.5%
2019-05-28 05:45 AM Q1 0.6% 0.3% 0.4% 0.3%
2019-09-05 05:45 AM Q2 0.3% 0.4% 0.2% 0.3%
2019-11-28 06:45 AM Q3 0.4% 0.3% 0.2% 0.3%
2020-03-03 06:45 AM Q4 0.4% 0.5%


News Stream
2019-09-05
Swiss Q2 GDP Growth Slows to 0.3%
Switzerland's GDP advanced 0.3 percent on quarter in the three months to June 2019, following a downwardly revised 0.4 percent expansion in the previous period and compared to market expectations of a 0.2 percent growth. Government spending slowed while fixed investment contracted, namely construction investment and spending in equipment and software; and net foreign demand contributed negatively to the GDP. Year-on-year, the economy grew by 0.2 percent in the June quarter, the weakest growth since a 0.4 percent contraction in the fourth quarter 2009, after a downwardly revised 1 percent expansion in the previous quarter and missing forecasts of a 0.9 percent advance.

2019-05-28
Swiss Q1 GDP Growth Stronger than Estimated
The Swiss economy advanced 0.6 percent on quarter in the three months to March 2019, twice faster than an upwardly revised 0.3 percent growth in the previous quarter and beating market expectations of a 0.4 percent expansion. It was the second straight quarterly expansion, as household consumption growth accelerated and there was a rebound in both construction spending and investment in equipment and software. Also, net foreign demand contributed positively to the GDP growth. Year-on-year, the GDP grew by 1.7 percent in the first quarter, accelerating from an upwardly revised 1.5 expansion in the previous quarter and also beating market forecasts of a 1 percent advance.

2019-02-28
Swiss Economy Grows Less than Expected in Q4
The Swiss economy advanced 0.2 percent on quarter in the three months to December 2018, rebounding from an upwardly revised 0.3 percent contraction in the previous period but missing market expectations of a 0.4 percent expansion. Household consumption increased at a stronger pace and net foreign demand contributed positively to the GDP growth while fixed investment contracted. Year-on-year, the GDP advanced 1.4 percent in the fourth quarter, following a 2.4 growth in the previous period and also missing forecasts of 1.7 percent. Considering 2018 full year, the economy grew 2.5 percent, faster than 1 percent in 2017.


Switzerland GDP Growth Rate
On the expenditure side, household consumption is the main component of Swiss GDP and accounts for 54 percent of its total, followed by gross fixed capital formation (24 percent) and government expenditure (11 percent). Foreign trade adds 11 percent to GDP as exports account for 64 percent and imports for 53 percent.

Switzerland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 0.30 2.40 -1.90 percent [+]
GDP Annual Growth Rate 1.10 0.20 5.80 -3.70 percent [+]
GDP 705.50 678.97 709.18 9.52 USD Billion [+]
GDP Constant Prices 177877.86 177158.15 177877.86 89780.29 CHF Million [+]
Gross Fixed Capital Formation 42822.50 42593.20 43053.20 18652.50 CHF Million [+]
GDP per capita 78816.20 77452.00 78816.20 49581.20 USD [+]
GDP per capita PPP 59019.20 57997.60 59019.20 46129.40 USD [+]