Switzerland’s current account surplus widened sharply to CHF 15.4 billion in the third quarter of 2025 from CHF 7.6 billion in the same period of the previous year. The primary income deficit saw improvement, narrowing to CHF 3.3 billion from CHF 9.9 billion, while the secondary income shortfall decreased to CHF 1.2 billion from CHF 5.4 billion a year earlier. At the same time, the services account deficit shrank to CHF 2.8 billion from CHF 4.6 billion. Meanwhile, the goods account surplus contracted to CHF 22.6 billion from CHF 29.1 billion in Q3 2024. source: Swiss National Bank

Switzerland recorded a Current Account surplus of 15369.50 CHF Million in the third quarter of 2025. Current Account in Switzerland averaged 7790.71 CHF Million from 1972 until 2025, reaching an all time high of 27378.76 CHF Million in the third quarter of 2022 and a record low of -17161.97 CHF Million in the fourth quarter of 2020. This page provides - Switzerland Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Current Account - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Switzerland recorded a Current Account surplus of 15369.50 CHF Million in the third quarter of 2025. Current Account in Switzerland is expected to be 12000.00 CHF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Current Account is projected to trend around 15000.00 CHF Million in 2026 and 22000.00 CHF Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-09-23 07:00 AM
Current Account
Q2 CHF10.2B CHF23.5B CHF 12.9B
2025-12-19 08:00 AM
Current Account
Q3 CHF15.4B CHF12.5B CHF 14.5B
2026-03-24 08:00 AM
Current Account
Q4 CHF15.4B


Related Last Previous Unit Reference
Balance of Trade 3036.00 3897.00 CHF Million Dec 2025
Capital Flows 4647.32 48419.66 CHF Million Sep 2025
Current Account 15369.50 12510.05 CHF Million Sep 2025
Current Account to GDP 5.10 5.30 percent of GDP Dec 2024
Exports 22499.00 23549.00 CHF million Dec 2025
External Debt 1950553.04 1954948.81 CHF Million Sep 2025
Foreign Direct Investment 925710.60 936272.40 CHF Million Dec 2024
Imports 19463.00 19652.00 CHF million Dec 2025
Tourism Revenues 5862.10 4884.50 CHF Million Sep 2025


Switzerland Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
15369.50 12510.05 27378.76 -17161.97 1972 - 2025 CHF Million Quarterly
Current Prices, NSA

News Stream
Swiss Current Account Surplus Widens in Q3
Switzerland’s current account surplus widened sharply to CHF 15.4 billion in the third quarter of 2025 from CHF 7.6 billion in the same period of the previous year. The primary income deficit saw improvement, narrowing to CHF 3.3 billion from CHF 9.9 billion, while the secondary income shortfall decreased to CHF 1.2 billion from CHF 5.4 billion a year earlier. At the same time, the services account deficit shrank to CHF 2.8 billion from CHF 4.6 billion. Meanwhile, the goods account surplus contracted to CHF 22.6 billion from CHF 29.1 billion in Q3 2024.
2025-12-19
Swiss Current Account Surplus Narrows in Q2
Switzerland’s current account surplus narrowed sharply to CHF 10.2 billion in the second quarter of 2025 from CHF 24.9 billion in the same period of the previous year. This marked the smallest current account surplus since the third quarter of 2024, driven largely by the decrease in goods account surplus to CHF 19.2 billion from CHF 32.6 billion. At the same time, the primary income deficit widened to CHF 4.9 billion from CHF 3.9 billion, while the secondary income deficit rose sharply to CHF 2.6 billion from CHF 0.7 billion a year earlier. Meanwhile, the services shortfall narrowed to CHF 1.5 billion from CHF 3.1 billion.
2025-09-23
Swiss Current Account Surplus Largest in Over 2 Years
Switzerland's current account surplus widened sharply to CHF 19.4 billion in the first quarter of 2025, from CHF 9.4 billion in the same period of the previous year. This marked the largest current account surplus since the third quarter of 2022. The goods account surplus rose to CHF 37 billion from CHF 25.1 billion, while the primary income deficit narrowed slightly to CHF 75.1 billion from CHF 76.3 billion. Meanwhile, the services account shortfall widened to CHF 77.1 billion from CHF 59.7 billion a year earlier, and the secondary income deficit also increased to CHF 24.2 billion from CHF 21.6 billion.
2025-06-20