Switzerland's industrial production growth accelerated to an all-time high of 15.7 percent year-on-year in the second quarter of 2021, from a revised 4.7 percent in the previous three-month period, reflecting the ongoing economic recovery and a low base year due to the coronavirus pandemic that hit activity during the same period of 2020. Manufacturing output expanded 16.8 percent (vs 5.5 percent in Q1), mainly led by sharp increases in the production of electronic products, watches and clocks; textiles and apparel; machinery and equipment; rubber and plastics products; and metal products. In addition, electricity supply rose 4.1 percent (vs 1.1 percent in Q1) and mining and quarrying advanced 13.9 percent (vs 17.3 percent in Q1). source: Swiss Federal Statistical Office

Industrial Production in Switzerland averaged 2.11 percent from 1991 until 2021, reaching an all time high of 15.70 percent in the second quarter of 2021 and a record low of -10.60 percent in the second quarter of 2009. This page provides - Switzerland Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Industrial Production in Switzerland is expected to be 9.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Industrial Production is projected to trend around 4.00 percent in 2022 and 3.60 percent in 2023, according to our econometric models.

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Switzerland Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
15.70 4.70 15.70 -10.60 1991 - 2021 percent Quarterly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-19 07:30 AM Q3 -5.1% -9.3% -4.2%
2021-02-19 07:30 AM Q4 -3.8% -4.4% -1.6%
2021-05-21 06:30 AM Q1 4.8% -1.9% -2%
2021-08-19 06:30 AM Q2 15.7% 4.7% 10.5%
2021-11-19 07:30 AM Q3 15.7% 9.1%


News Stream
Swiss Industrial Output Rises at Record Pace
Switzerland's industrial production growth accelerated to an all-time high of 15.7 percent year-on-year in the second quarter of 2021, from a revised 4.7 percent in the previous three-month period, reflecting the ongoing economic recovery and a low base year due to the coronavirus pandemic that hit activity during the same period of 2020. Manufacturing output expanded 16.8 percent (vs 5.5 percent in Q1), mainly led by sharp increases in the production of electronic products, watches and clocks; textiles and apparel; machinery and equipment; rubber and plastics products; and metal products. In addition, electricity supply rose 4.1 percent (vs 1.1 percent in Q1) and mining and quarrying advanced 13.9 percent (vs 17.3 percent in Q1).
2021-08-19
Switzerland Industrial Output Rebounds in Q1
Industrial output in Switzerland jumped 4.8 percent year-on-year in the first quarter of 2021, the first rise in a year and the strongest since the third quarter of 2019. Big gains result from low base effects from last year as first restrictions due to the coronavirus pandemic were introduced in March 2020. A rebound was seen for both mining (18.7 vs -1.6 percent in the previous period) and manufacturing (5.6 percent vs -2.2 percent) while construction was little changed.
2021-05-21
Switzerland Industrial Output Continues to Slide
Industrial production in Switzerland declined 3.8 percent year-on-year in the last quarter of 2020, marking the 3rd consecutive quarterly decline due to the coronavirus crisis. Manufacturing was down 4.2 percent, namely textiles and apparel (-14.4 percent) and machinery and equipment (-14.8 percent). Also, mining fell 0.8 percent and electricity supply 0.6 percent.
2021-02-19
Switzerland Industrial Production Shrinks in Q3
Industrial production in Switzerland fell by 5.1 percent year-on-year in the third quarter of 2020, following an upwardly revised 9.3 percent slump in the previous period. It was the second consecutive fall for the first time in 4 years, amid the coronavirus crisis. Declines were seen in manufacturing (-4.7 percent vs -9.6 percent) and electricity supply (-10.5 percent vs -5.9 percent) but rebounded in mining and quarrying (0.6 percent vs -5.9 percent).
2020-11-19

Switzerland Industrial Production
In Switzerland, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.