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

Switzerland's economy unexpectedly showed no growth in the September quarter of 2015, as compared to a 0.2 percent expansion reported in the previous quarter and missing market expectations. GDP Growth Rate in Switzerland averaged 0.42 percent from 1980 until 2015, 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
0.00 0.20 2.10 -1.90 1980 - 2015 percent Quarterly
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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-29 06:45 AM Q1 -0.2% 0.5%(R) -0.1% 0%
2015-08-28 06:45 AM Q2 0.2% -0.2% -0.1% -0.1%
2015-12-01 06:45 AM Q3 0.0% 0.2% 0.2% 0.1%
2016-03-02 06:45 AM Q4 0.25%
2016-06-01 05:45 AM Q1 0.36%
2016-09-06 05:45 AM Q2 0.42%

Swiss GDP Unexpectedly Stagnates in Q3


Switzerland's economy unexpectedly showed no growth in the September quarter of 2015, as compared to a 0.2 percent expansion reported in the previous quarter. The results missed market expectations as stronger consumption growth was not enough to offset lower investment and weak exports.

Household consumption expanded by 0.4 percent quarter-on-quarter (0.3 percent in Q2). The largest contributions to the growth came from health, transport, housing and energy. In contrast, expenditures for clothing and footwear fell. Meanwhile, government final consumption rose by 1.8 percent (-0.1 percent in Q2)

Investment in equipment rose by 0.2 percent (1.5 percent in Q2) while investment in construction declined by 0.9 percent (-0.8 percent in Q2).

Exports of goods (excluding non-monetary gold and valuables) increased by 0.5 percent (0.8 percent in Q2). Positive contributions came from chemical and pharmaceutical products. The remaining categories were mostly declining, particularly sales of watches, jewelry and precision instruments. Imports of goods (excluding non-monetary gold and valuables) were flat (-3.2 percent in Q2).

Year-on-year, the economy grew 0.8 percent, slightly slowing from a downwardly revised 0.9 percent expansion in the June quarter.

SECO l Rida Husna | rida@tradingeconomics.com
12/1/2015 12:44:16 PM

Switzerland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.00 0.20 2.10 -1.90 percent [+]
GDP Annual Growth Rate 0.80 1.20 5.40 -3.60 percent [+]
GDP 701.04 685.43 701.04 9.52 USD Billion [+]
GDP Constant Prices 162972.23 163181.90 163181.90 88530.28 CHF Million [+]
Gross Fixed Capital Formation 38908.00 38931.40 38931.40 18467.20 CHF Million [+]
GDP per capita 58996.90 58557.47 59036.54 18970.15 USD [+]
GDP per capita PPP 54982.73 54573.20 55019.67 44614.79 USD [+]




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