Swiss economy grew by 1.4 percent in the fourth quarter, following a 2.4 growth in the previous quarter and less than forecasts of a 1.7 percent advance. It was the weakest annual growth rate since the June quarter of 2017. Considering full 2018, the economy grew by 2.5 percent, compared with 1.0 percent in 2017. Growth in the first half of 2018, in particular, was significantly above average. Meanwhile, in the second half, the economy weakened noticeably both domestically and globally. GDP Annual Growth Rate in Switzerland averaged 1.77 percent from 1981 until 2018, reaching an all time high of 5.80 percent in the first quarter of 1990 and a record low of -3.70 percent in the second quarter of 2009.

GDP Annual Growth Rate in Switzerland is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Switzerland to stand at 1.30 in 12 months time. In the long-term, the Switzerland GDP Annual Growth Rate is projected to trend around 1.90 percent in 2020, according to our econometric models.

Switzerland GDP Annual Growth Rate
width
height
Forecast Data Chart
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.


Calendar GMT Actual Previous Consensus TEForecast
2018-05-31 05:45 AM GDP Growth Rate YoY 2.2% 1.9% 2.3% 2.3%
2018-09-06 05:45 AM GDP Growth Rate YoY 3.4% 2.9% 2.4% 2.4%
2018-11-29 06:45 AM GDP Growth Rate YoY 2.4% 3.5% 2.9% 3.2%
2019-02-28 06:45 AM GDP Growth Rate YoY 1.4% 2.4% 1.7% 1.8%
2019-05-28 05:45 AM GDP Growth Rate YoY 1.4% 1% 1.6%
2019-09-05 05:45 AM GDP Growth Rate YoY 1.5%
2019-11-28 06:45 AM GDP Growth Rate YoY 1.2%


Switzerland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 -0.30 2.40 -1.90 percent [+]
GDP Annual Growth Rate 1.40 2.40 5.80 -3.70 percent [+]
GDP 678.89 668.75 709.18 9.52 USD Billion [+]
GDP Constant Prices 175308.33 175016.19 175467.90 89780.29 CHF Million [+]
Gross Fixed Capital Formation 42669.40 43021.10 43575.00 18652.60 CHF Million [+]
GDP per capita 76667.44 76682.64 76682.64 54420.97 USD [+]
GDP per capita PPP 57410.17 57421.55 57421.55 46129.44 USD [+]


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. . This page provides - Switzerland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 2.40 5.80 -3.70 1981 - 2018 percent Quarterly
NSA




Country Last Previous
India 6.60 Dec/18
China 6.40 Mar/19
Indonesia 5.07 Mar/19
Saudi Arabia 3.60 Dec/18
United States 3.20 Mar/19
Spain 2.40 Mar/19
Australia 2.30 Dec/18
South Korea 1.80 Mar/19
United Kingdom 1.80 Mar/19
Netherlands 1.70 Mar/19
Canada 1.60 Dec/18
Switzerland 1.40 Dec/18
Euro Area 1.20 Mar/19
Mexico 1.20 Mar/19
Singapore 1.20 Mar/19
Brazil 1.10 Dec/18
France 1.10 Mar/19
South Africa 1.10 Dec/18
Japan 0.80 Mar/19
Germany 0.70 Mar/19
Russia 0.50 Mar/19
Italy 0.10 Mar/19
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


Related

Latest