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

Switzerland's economy showed no growth on the quarter from July to September, following a 0.6 percent expansion in the previous three months and missing market consensus of a 0.3 percent growth. While domestic demand and investment grew, government expenditure shrank and the net trade balance contributed negatively as imports rose and exports declined. Year-on-year, the economy expanded 1.3 percent, slowing from a 2.0 percent growth in the June quarter and below consensus of a 1.8 percent growth. GDP Growth Rate in Switzerland averaged 0.43 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.

Switzerland GDP Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-01 05:45 AM Q1 0.1% 0.4% 0.2% 0.6%
2016-09-06 05:45 AM Q2 0.6% 0.3% 0.4% 0.4%
2016-12-02 06:45 AM Q3 0.0% 0.6% 0.3% 0.5%
2017-03-02 06:45 AM Q4 0.0% 0.28%
2017-06-01 05:45 AM Q1 0.31%
2017-09-06 05:45 AM Q2 0.38%




Switzerland GDP Stalls in Q3


Switzerland's economy showed no growth on the quarter from July to September, following a 0.6 percent expansion in the previous three months and missing market consensus of a 0.3 percent growth. While domestic demand and investment grew, government expenditure shrank and the net trade balance contributed negatively as imports rose and exports declined.

In the third quarter, household consumption rose 0.1 percent, after remaining unchanged in the previous quarter. In contrast, government expenditure shrank 0.1 percent, swinging from a 1.7 percent expansion in the preceding three months.

Investment in equipment increased by  0.5 percent, compared to a 0.9 percent decline in the June quarter, driven primarily by research and development as well as machinery. Investment in construction also expanded 0.5 percent, after falling 0.2 percent previously.

Exports of goods (excluding non-monetary gold and valuables) decreased by 0.2 percent, the same pace as in the preceding quarter. Sales fell for precision instrumens, watches and jewellery. In contrast, positive contributions came from chemicals and pharmaceuticals. Imports of goods (excluding non-monetary gold and valuables) rose 0.2 percent, slowing from a 0.5 percent increase in the June quarter.

Year-on-year, the economy expanded 1.3 percent, slowing from a 2.0 percent growth in the June quarter and below consensus of a 1.8 percent growth. 

Seco l Rida Husna | rida@tradingeconomics.com
12/2/2016 8:24:37 AM



Switzerland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 0.60 2.10 -1.90 percent [+]
GDP Annual Growth Rate 1.30 2.00 5.40 -3.60 percent [+]
GDP 664.74 701.04 701.04 9.52 USD Billion [+]
GDP Constant Prices 165547.72 165630.95 165630.95 88530.28 CHF Million [+]
Gross Fixed Capital Formation 40154.90 39900.40 40164.60 18453.20 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 [+]



Switzerland GDP Growth Rate Notes

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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.60 2.10 -1.90 1980 - 2016 percent Quarterly
SA, WDA



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