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

Switzerland's economy grew by 0.4 percent in the December quarter of 2015, as compared to a revised 0.1 percent contraction reported in the previous quarter and beating market consensus. It is the strongest expansion since the fourth quarter of 2014, supported by household an public spending. Year-on-year, the economy also expanded 0.4 percent, slowing from a 0.8 percent growth in the previous three months. Considering full year 2015, GDP was provisionally calculated at 0.9 percent, as compared to a 1.9 percent expansion in the preceding year. 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
0.40 -0.10 2.10 -1.90 1980 - 2015 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 0.4% -0.1% 0.2% 0.2%
2016-06-01 05:45 AM Q1 0.4% 0.9%
2016-09-06 05:45 AM Q2 0.46%
2016-12-02 06:45 AM Q3 0.50%

Switzerland GDP Picks Up in Q4


Switzerland's economy grew by 0.4 percent in the December quarter of 2015, as compared to a revised 0.1 percent contraction reported in the previous quarter and beating market consensus. It is the strongest expansion since the fourth quarter of 2014, supported by household an public spending.

In the fourth quarter, household consumption grew by 0.1 percent, driven by healthcare sector, food and beverages sector and communication. Meanwhile, government expenditure increased by 0.6 percent.

Investment in equipment shrank by 0.9 percent (from +0.2 percent in the third quarter) while investment in construction rose 0.1 percent, the same as in the previous quarter.

Exports of goods (excluding non-monetary gold and valuables) increased by 2.9 percent (from a 0.5 percent growth in the third quarter). Positive contributions came from chemical and pharmaceutical products. The remaining categories, particularly sales of watches, jewelry and precision instruments, stagnated. Imports of goods (excluding non-monetary gold and valuables) rose 4.2 percent (after remaining flat in Q3). That brought foreign trade a negative contribution to the growth.

Year-on-year, the economy also expanded 0.4 percent, slowing from a 0.8 percent growth in the previous three months.

Considering full year 2015, GDP was provisionally calculated at 0.9 percent, as compared to a 1.9 percent expansion in the preceding year. 

Seco | Rida Husna | rida@tradingeconomics.com
3/2/2016 12:40:26 PM

Switzerland GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.40 -0.10 2.10 -1.90 percent [+]
GDP Annual Growth Rate 0.40 0.80 5.40 -3.60 percent [+]
GDP 701.04 685.43 701.04 9.52 USD Billion [+]
GDP Constant Prices 163734.14 162972.23 163734.14 88530.28 CHF Million [+]
Gross Fixed Capital Formation 38806.70 38908.00 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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