Switzerland’s economy grew 1.5% in the second quarter of 2026, accelerating from 0.5% in the previous quarter and matching preliminary estimates. It was the strongest quarterly growth since Q3 2021, driven by a 10.5% surge in the chemical and pharmaceutical industry as exports and sales rebounded. Goods exports rose 5.5%, while the broader manufacturing sector grew 0.7%. Services output increased 0.7%, supported by transport (+1.9%), communications (+1.1%) and financial services (+1.9%), while services exports climbed 1.6%. Domestic demand also recovered, rising 0.5% after a weak start to the year. Private consumption increased 0.3%, driven by higher spending on healthcare, food, restaurants and accommodation, while government consumption (+0.4%) and investment also contributed positively to growth. source: State Secretariat for Economic Affairs

The Gross Domestic Product (GDP) in Switzerland expanded 1.50 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Switzerland averaged 0.45 percent from 1980 until 2026, reaching an all time high of 6.10 percent in the third quarter of 2020 and a record low of -6.30 percent in the second quarter of 2020. This page provides - Switzerland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

The Gross Domestic Product (GDP) in Switzerland expanded 1.50 percent in the second quarter of 2026 over the previous quarter. GDP Growth Rate in Switzerland is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland GDP Growth Rate is projected to trend around 0.30 percent in 2027 and 0.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-14 07:00 AM
QoQ Flash
Q2 1.5% 0.4% 0.5%
2026-09-03 07:00 AM
QoQ Final
Q2 1.5% 0.5% 1.6% 1.5%
2026-11-16 08:00 AM
QoQ Flash
Q3 1.5% 0.3%


Related Last Previous Unit Reference
Full Year GDP Growth 1.40 1.20 percent Dec 2025
GDP Growth Rate YoY 2.30 0.40 percent Jun 2026
GDP Constant Prices 207993.00 204837.00 CHF Million Jun 2026
GDP Growth Rate 1.50 0.50 percent Jun 2026
Gross Fixed Capital Formation 54683.00 54256.00 CHF Million Jun 2026


Switzerland GDP Growth Rate
On the expenditure side, household consumption is the main component of Swiss 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.
Actual Previous Highest Lowest Dates Unit Frequency
1.50 0.50 6.10 -6.30 1980 - 2026 percent Quarterly
SA, WDA

News Stream
Swiss Economy Expands at Fastest Pace in Nearly Five Years
Switzerland’s economy grew 1.5% in the second quarter of 2026, accelerating from 0.5% in the previous quarter and matching preliminary estimates. It was the strongest quarterly growth since Q3 2021, driven by a 10.5% surge in the chemical and pharmaceutical industry as exports and sales rebounded. Goods exports rose 5.5%, while the broader manufacturing sector grew 0.7%. Services output increased 0.7%, supported by transport (+1.9%), communications (+1.1%) and financial services (+1.9%), while services exports climbed 1.6%. Domestic demand also recovered, rising 0.5% after a weak start to the year. Private consumption increased 0.3%, driven by higher spending on healthcare, food, restaurants and accommodation, while government consumption (+0.4%) and investment also contributed positively to growth.
2026-09-03
Swiss Q2 GDP Growth Strongest Since 2021
Switzerland's economy expanded by 1.5% quarter-on-quarter in the three months to June 2026, accelerating sharply from 0.4% growth in the previous period, according to flash estimates. The reading marked the strongest quarterly expansion since the third quarter of 2021, underscoring the country's ability to withstand headwinds, including elevated energy costs linked to Middle East tensions and persistent trade uncertainty. The latter stems from the absence of a legally binding trade agreement with the US, even after Switzerland secured a preliminary deal last November that capped tariffs at 15%. Growth was driven primarily by the industrial sector, with the chemical and pharmaceutical industry providing the largest boost to economic activity. The services sector also expanded, further supporting the broad-based improvement in output.
2026-08-14
Swiss GDP Growth Revised Down
Switzerland’s gross domestic product expanded 0.4% quarter-on-quarter in the three months to March 2026, less than initial estimates of 0.5%. Industrial output increased 1.3%, led by manufacturing (+1.5%). On the other hand, the chemical and pharmaceutical industry contracted (-3.4%) as exports of these products fell sharply, contributing to a 2.2% decline in overall goods exports. Services grew just 0.2%, with mixed performance across sectors. Transport (+1.9%) and financial services (+1.3%) supported growth, helped by stronger interest and commission income. In contrast, trade fell 0.8%, including a 1.3% decline in retail activity. Accommodation and food services also weakened (-0.6%) due to fewer overnight stays. Services exports rose only 0.5%. Domestic final demand increased just 0.1%. Government spending grew strongly (+0.9%), but both equipment investment (-0.2%) and construction investment (-0.2%) declined. Imports fell 2.4%, reflecting weak domestic demand.
2026-06-01