Switzerland GDP

The Gross Domestic Product (GDP) in Switzerland was worth 632.20 billion US dollars in 2012. The GDP value of Switzerland represents 1.02 percent of the world economy. GDP in Switzerland is reported by the The World Bank Group. From 1960 until 2012, Switzerland GDP averaged 196.8 USD Billion reaching an all time high of 659.3 USD Billion in December of 2011 and a record low of 9.5 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Switzerland GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
632.20 659.30 659.30 9.50 663.59 | 2013/12 1960 - 2012 USD Billion Yearly

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Switzerland GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP per capita 55066.12 2012-12-31 55122.88 55377.82 18970.15 55072.58 2013-12-31 USD [+]
GDP per capita PPP 39344.14 2012-12-31 39384.69 39566.84 29110.94 39379.97 2013-12-31 USD [+]
GDP Constant Prices 140314.80 2013-11-15 140092.00 140314.80 79948.80 141187.11 2014-03-31 CHF Million [+]
Gross Fixed Capital Formation 29869.30 2013-11-15 29425.10 29869.30 15478.20 30024.09 2014-03-31 CHF Million [+]
GDP Growth Rate 0.20 2013-12-31 0.50 1.90 -2.20 0.47 2014-03-31 Percent [+]
GDP Annual Growth Rate 1.70 2013-12-31 2.10 7.30 -3.70 2.49 2014-03-31 Percent [+]
GDP 632.20 2012-12-31 659.30 659.30 9.50 663.59 2013-12-31 USD Billion [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Swiss Unemployment Rate Falls in March  
Swiss unadjusted jobless rate decreased to 3.3 percent in March of 2014 from 3.5 percent in the previous month.
Swiss Inflation Rate Unchanged in March  
Switzerland’s annual inflation rate was recorded at 0.0 percent in March of 2014, after falling 0.1 percent in the previous month. On a monthly basis, prices recorded the highest increase in twelve months.
Swiss Trade Surplus Widens for the Second Straight Month  
Switzerland’s trade surplus increased to CHF 2.6 billion, up from CHF 2.5 billion in the previous month and CHF 1.95 billion a year earlier, boosted by higher exports of chemicals and pharmaceuticals and the strongest growth in sales to China in three years.
Swiss National Bank Keeps Minimum Exchange Rate  
In its March 20th, 2014 meeting, the Swiss Bank left the target range for the Swiss Franc Libor unchanged at 0.0–0.25 percent, maintaining its minimum exchange rate of CHF 1.20 per euro, as no upside risks to the consumer prices are expected in the near future. The Bank also cut its forecast for inflation this year and 2015.
Swiss Inflation Rate Down to 4-Month Low  
In February of 2014, Swiss annual inflation rate fell 0.1 percent after growing 0.1 percent in each of previous three months. A year earlier, prices dropped 0.3 percent. Compared with the previous month, inflation rose to 0.1 percent.
Swiss Unemployment Rate Flat at 3.5%  
Switzerland’s unadjusted jobless rate remained steady at 3.5 percent in February for the second straight month. A year earlier, the unemployment rate was recorded at 3.4 percent.
Swiss GDP Growth Slows in Q4  
In the fourth quarter of 2013, Switzerland’s economic growth slowed to 0.2 percent over the previous three-month period, the lowest rate in six quarters, hurt by a fall in exports due to weak global demand for chemical and pharmaceutical products.
Swiss Trade Surplus Widens in January  
In January of 2014, Switzerland’s trade surplus increased to CHF 2.59 billion, the highest surplus in the last eight months, boosted by higher exports. The chemicals and pharmaceuticals industry generated half of the export growth.
Swiss Inflation Rate Stable at 0.1% in January  
In January of 2014, Switzerland’s annual inflation rate was recorded at 0.1 percent for the third straight month. On a monthly basis, prices fell for the second month in a row by 0.3 percent, as cost of imported products declined 1.3 percent.
Swiss Unemployment Rate Stable in January  
Switzerland’s unemployment rate remained unchanged at 3.5 percent in January of 2014. The number of job seekers rose by 2975 to 208777. Compared to the same period last year, the number of unemployed persons rose by 7000.
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Brazil Unemployment Rate Down to 5%  
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Dutch Unemployment Rate Falls for the First Time in 2014  
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