The Swiss economy expanded by 0.6% annually in the first three months of 2023, easing slightly from the 0.7% growth rate in the previous quarter but recording the eighth consecutive quarter of expansion. source: State Secretariat for Economic Affairs

GDP Annual Growth Rate in Switzerland averaged 1.74 percent from 1981 until 2023, reaching an all time high of 9.30 percent in the second quarter of 2021 and a record low of -7.20 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 June of 2023.

GDP Annual Growth Rate in Switzerland is expected to be 1.20 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 1.90 percent in 2024 and 2.20 percent in 2025, according to our econometric models.

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Switzerland GDP Annual Growth Rate

Calendar GMT Actual Previous Consensus TEForecast
2023-02-28 08:00 AM Q4 0.7% 0.9% 0.5%
2023-05-30 07:00 AM Q1 0.6% 0.7% 0.6% 0.9%
2023-09-04 07:00 AM Q2 1.2%

Related Last Previous Unit Reference
GDP Growth Rate 0.30 0.00 percent Mar 2023
GDP Annual Growth Rate 0.60 0.70 percent Mar 2023
GDP Constant Prices 187411.33 186988.76 CHF Million Mar 2023
Gross Fixed Capital Formation 48862.90 48224.90 CHF Million Mar 2023
Full Year GDP Growth 2.10 4.22 percent Dec 2022

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
0.60 0.70 9.30 -7.20 1981 - 2023 percent Quarterly