Switzerland recorded a current account surplus of CHF 11.1 billion in the second quarter of 2022, narrowing slightly from the CHF 11.9 billion in the corresponding period of the previous year. The goods account surplus fell to CHF 18.5 billion from CHF 25.4 billion, driven by a 8.4 percent rise in expenses as surging energy prices lifted imports. Limiting the lower surplus, the services gap narrowed to CHF 2.3 billion from 5.2 billion, as receipts rose more than expenses. Also, the primary income deficit fell to CHF 2.7 billion from CHF billion, and the secondary income gap narrowed to CHF 2.4 billion from CHF 3.3 billion. source: Swiss National Bank
Current Account in Switzerland averaged 7840.92 CHF Million from 1972 until 2022, reaching an all time high of 25242.98 CHF Million in the second quarter of 2013 and a record low of -16176.72 CHF Million in the fourth quarter of 2020. This page provides - Switzerland Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Current Account - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.
Current Account in Switzerland is expected to be 16200.00 CHF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Current Account is projected to trend around 10900.00 CHF Million in 2023 and 11700.00 CHF Million in 2024, according to our econometric models.