Markets Actual Q1 Q2 Q3 Q4 2020
Currency 0.99 0.98 0.98 0.99 0.99 1
Stock Market (points) 10781.09 10505 10413 10321 10231 10052
Government Bond 10Y (%) -0.77 0.05 0.11 0.18 0.25 0.31
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.40 0.4 0.3 0.2 0.4 0.5
GDP Annual Growth Rate (%) 1.10 1.2 1.1 1.2 1.5 1.7
Unemployment Rate (%) 2.50 2.6 2.5 2.5 3.2 3.2
Inflation Rate (%) 0.20 0.2 0.1 0.2 0.3 0.8
Inflation Rate Mom (%) 0.00 0.4 0.2 0.3 -0.2 -0.2
Interest Rate (%) -0.75 -0.75 -0.75 -0.75 -0.75 -0.75
Balance of Trade (CHF million) 1994.08 1770 3500 3040 180 80
Current Account (CHF Million) 18091.41 18200 25900 19100 19500 17500
Current Account to GDP (%) 10.20 9.3 9.3 9.3 9.3 9.2
Government Debt to GDP (%) 40.90 38 38 38 38 36.6
Government Budget (% of GDP) 1.40 1 1 1 1 1.1
Business Confidence (points) 96.40 96 98 102 100 101
Manufacturing PMI (points) 50.20 50.9 52.9 53.4 53.6 53.6
Consumer Confidence (points) -10.40 -6 -4 -7 -6 -4
Retail Sales MoM (%) -0.10 0.3 -0.4 -1.2 0.5 0.5
Corporate Tax Rate (%) 18.00 18 18 18 18 18
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.40 0.4 0.3 0.2 0.4 0.5
GDP Annual Growth Rate (%) 1.10 1.2 1.1 1.2 1.5 1.7
GDP (USD Billion) 705.50 729 729 729 729 740
GDP Constant Prices (CHF Million) 177877.86 177659 178133 178945 180546 183615
Gross Fixed Capital Formation (CHF Million) 42822.50 43072 42827 43079 43465 44204
GDP per capita (USD) 78816.20 80200 80200 80200 80200 81100
GDP per capita PPP (USD) 59019.20 60900 60900 60900 60900 61700
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 2.50 2.6 2.5 2.5 3.2 3.2
Wages (CHF/Month) 6291.00 6335 6354 6348 6360 6462
Wages in Manufacturing (points) 112.40 113 114 113 114 115
Population (Million) 8.48 8.6 8.6 8.6 8.6 8.66
Retirement Age Women 64.00 64 64 64 64 64
Retirement Age Men 65.00 65 65 65 65 65
Wage Growth (%) 0.50 0.7 1 0.9 1.1 1.6
Non Farm Payrolls (Thousand) 5137.00 5050 5065 5190 5150 5100
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 0.20 0.2 0.1 0.2 0.3 0.8
Inflation Rate Mom (%) 0.00 0.4 0.2 0.3 -0.2 -0.2
Consumer Price Index CPI (points) 101.69 102 103 102 102 103
Core Consumer Prices (points) 101.07 102 102 102 102 102
Core Inflation Rate (%) 0.40 0.4 0.4 0.5 0.5 0.7
Producer Prices (points) 100.72 103 102 102 105 107
Producer Prices Change (%) -1.70 0.1 0.5 0.4 0.7 1.1
Food Inflation (%) -0.70 0.4 0.2 0.3 0.5 1.1
Cpi Housing Utilities (points) 104.04 104 104 104 104 105
CPI Transportation (points) 102.32 105 106 103 103 103
Harmonised Consumer Prices (points) 101.17 101 102 102 101 102
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) -0.75 -0.75 -0.75 -0.75 -0.75 -0.75
Interbank Rate (%) -0.67 -0.69 -0.69 -0.69 -0.69 -0.69
Deposit Interest Rate (%) -0.38 -0.38 -0.38 -0.38 -0.06 0.44
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (CHF million) 1994.08 1770 3500 3040 180 80
Current Account (CHF Million) 18091.41 18200 25900 19100 19500 17500
Current Account to GDP (%) 10.20 9.3 9.3 9.3 9.3 9.2
Imports (CHF million) 16669.94 18950 19420 19980 20620 21420
Exports (CHF million) 18664.01 22720 22920 23020 23200 23900
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 40.90 38 38 38 38 36.6
Government Budget (% of GDP) 1.40 1 1 1 1 1.1
Government Budget Value (CHF Million) 2176.00 -294 -294 -294 -294 -868
Government Spending (CHF Million) 20084.58 20076 20088 20205 20386 20732
Government Spending to GDP (%) 32.40 32.5 32.5 32.5 32.5 32.3
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 18.00 18 18 18 18 18
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 12 12 12 12
Social Security Rate For Companies (%) 6.00 6 6 6 6 6
Social Security Rate For Employees (%) 6.00 6 6 6 6 6
Business Actual Q1 Q2 Q3 Q4 2020
Business Confidence (points) 96.40 96 98 102 100 101
Manufacturing PMI (points) 50.20 50.9 52.9 53.4 53.6 53.6
Industrial Production (%) 8.00 5.1 5.1 5.1 3.4 2.9
Zew Economic Sentiment Index 12.50 -6 -9 -7 -6 -7
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Confidence (points) -10.40 -6 -4 -7 -6 -4
Retail Sales MoM (%) -0.10 0.3 -0.4 -1.2 0.5 0.5
Retail Sales YoY (%) 0.00 0.8 1 0.9 1.1 1.6
Consumer Spending (CHF Million) 93646.80 93750 94007 94209 95052 96667
Consumer Credit (CHF Million) 896424.00 883290 889442 896741 906637 922049
Gasoline Prices (USD/Liter) 1.66 1.77 1.81 1.86 1.9 1.9


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.