Switzerland GDP Growth Rate  1980-2016 | Data | Chart | Calendar

Switzerland's economy grew by 0.1 percent in the first three months of 2016, as compared to a 0.4 percent expansion reported in the previous quarter and below market consensus of a 0.2 percent growth. While household consumption as well as equipment and construction investment expanded significantly, government expenditure contributed negatively to the GDP growth. Year-on-year, the economy also expanded 0.7 percent, accelerating from a downwardly revised 0.3 percent growth in the December quarter 2015 and market estimates of an 0.8 percent expansion. GDP Growth Rate in Switzerland averaged 0.42 percent from 1980 until 2016, reaching an all time high of 2.10 percent in the fourth quarter of 1999 and a record low of -1.90 percent in the second quarter of 1982. GDP Growth Rate in Switzerland is reported by the State Secretariat for Economic Affairs.

Switzerland GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.40 2.10 -1.90 1980 - 2016 percent Quarterly
SA, WDA
On the expenditure side, household consumption is the main component of GDP and accounts for 54 percent of its total, followed by gross fixed capital formation (24 percent) and government expenditure (11 percent). Foreign trade adds 11 percent to GDP as exports account for 64 percent and imports for 53 percent. This page provides - Switzerland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-12-01 06:45 AM Q3 0.0% 0.2% 0.2% 0.1%
2016-03-02 06:45 AM Q4 0.4% -0.1% 0.2% 0.2%
2016-06-01 05:45 AM Q1 0.1% 0.4% 0.2% 0.6%
2016-09-06 05:45 AM Q2 0.1% 0.4%
2016-12-02 06:45 AM Q3 0.5%

Switzerland GDP Growth Slows to 0.1% in Q1


Switzerland's economy grew by 0.1 percent in the first three months of 2016, as compared to a 0.4 percent expansion reported in the previous quarter and below market consensus of a 0.2 percent growth. While household consumption as well as equipment and construction investment expanded significantly, government expenditure contributed negatively to the GDP growth.

In the March quarter, household consumption grew by 0.7 percent, faster than a 0.1 percent increase in the previous quarter. The robust expansion was mainly driven by healthcare sector and housing and energy. In contrast, government expenditure contracted by 0.8, reversing from a 1.2 percent growth in the final quarter 2015.

Investment in equipment grew by 2.1 percent, rebounding from a 1.1 percent decline in the previous three months, supported by investing in other vehicles. Investment in construction rose 1.1 percent, faster than a 0.2 percent growth previously.

Exports of goods (excluding non-monetary gold and valuables) increased by 2.1 percent (from a 3.2 percent growth in the fourth quarter). Positive contributions came from the precision instruments / watches / jewelery heading. The majority of other categories such as exports of chemicals / pharmaceuticals and metals / machinery / electronics also have a slightly positive development. Imports of goods (excluding non-monetary gold and valuables) rose 0.4 percent, slowing sharply from a 5.2 percent increase in Q4.

Year-on-year, the economy expanded 0.7 percent, accelerating from a downwardly revised 0.3 percent growth in the December quarter 2015 and market estimates of an 0.8 percent expansion.

Seco l Rida Husna | rida@tradingeconomics.com
6/1/2016 7:38:20 AM

Switzerland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.10 0.40 2.10 -1.90 percent [+]
GDP Annual Growth Rate 0.70 0.30 5.40 -3.60 percent [+]
GDP 664.74 701.04 701.04 9.52 USD Billion [+]
GDP Constant Prices 163842.64 163734.14 163842.64 88530.28 CHF Million [+]
Gross Fixed Capital Formation 39440.50 38806.70 39440.50 18467.20 CHF Million [+]
GDP per capita 75550.82 75768.79 75768.79 54030.36 USD [+]
GDP per capita PPP 55111.98 55270.98 55270.98 44614.78 USD [+]




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