The Swiss economy expanded by 0.5 percent year-on-year in the third quarter of 2022, following a 2.2 percent growth in the previous three month period. It was the softest expansion since the first quarter of 2021. source: State Secretariat for Economic Affairs

GDP Annual Growth Rate in Switzerland averaged 1.75 percent from 1981 until 2022, reaching an all time high of 9.80 percent in the second quarter of 2021 and a record low of -7.40 percent in the second quarter of 2020. This page provides - Switzerland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

GDP Annual Growth Rate in Switzerland is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland GDP Annual Growth Rate is projected to trend around 0.20 percent in 2023 and 1.90 percent in 2024, according to our econometric models.

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Switzerland GDP Annual Growth Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-09-05 07:00 AM Q2 2.8% 4.7% 3% 4.5%
2022-11-29 08:00 AM Q3 0.5% 2.2% 1% 1.1%
2023-02-28 08:00 AM Q4 0.5% 0.5%

Related Last Previous Unit Reference
GDP Growth Rate 0.20 0.10 percent Sep 2022
GDP Annual Growth Rate 0.50 2.20 percent Sep 2022
GDP Constant Prices 186642.17 187053.09 CHF Million Sep 2022
Gross Fixed Capital Formation 48368.70 47993.40 CHF Million Sep 2022
Full Year GDP Growth 4.22 -2.38 percent Dec 2021

Switzerland GDP Annual Growth Rate
Switzerland’s is one of the wealthiest countries in the world. Key areas of the economy include micro-technology, hi-tech, biotechnology and pharmaceuticals, as well as banking and insurance know-how. .
Actual Previous Highest Lowest Dates Unit Frequency
0.50 2.20 9.80 -7.40 1981 - 2022 percent Quarterly