Switzerland’s economic growth accelerated to 1.3% in 2024, up from 0.7% in the previous year. The expansion was driven by gains in sectors such as construction (+1.4%), retail trade (+1.8%), electricity, gas, steam, and air conditioning supply (+10%), and water supply, sewerage, waste management, and remediation activities (+7.6%). On the expenditure side, household consumption and government spending increased by 1.8% and 1.9%, respectively, while fixed investments declined by 1%. Foreign trade weighed on overall growth, with exports falling 0.3% and imports rising 0.4%. source: State Secretariat for Economic Affairs
Full Year GDP Growth in Switzerland increased to 1.30 percent in 2024 from 0.70 percent in 2023. Full Year GDP Growth in Switzerland averaged 1.77 percent from 1981 until 2024, reaching an all time high of 5.60 percent in 2021 and a record low of -2.30 percent in 2009. This page includes a chart with historical data for Switzerland Full Year GDP Growth. Switzerland Full Year GDP Growth - values, historical data and charts - was last updated on September of 2025.
Full Year GDP Growth in Switzerland increased to 1.30 percent in 2024 from 0.70 percent in 2023. Full Year GDP Growth in Switzerland is expected to reach 1.30 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Full Year GDP Growth is projected to trend around 1.20 percent in 2026 and 1.40 percent in 2027, according to our econometric models.