Switzerland GDP Growth Rate

Last Release

Mar 31, 2025

Actual

0.7

Units In

0.2

Frequency

Quarterly

Next Release

Jun 02, 2025

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
6.4 Sep 2020	-6.2 Jun 2020	0.44 %	1980-2025	State Secretariat for Economic Affairs

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.

Latest Updates

Switzerland’s GDP grew by 0.5% quarter-on-quarter in Q1 2025 from a downwardly revised 0.3% in Q4, but below the preliminary estimate of 0.7%. The stronger expansion was driven by strong performance in manufacturing (2.1% vs 1.2%), construction (1.1% vs 0%), and trade, repair of motor vehicles and motorcycles (2.1% vs 0.3%). Conversely, output was flat in agriculture, forestry, and fishing (0.1%), while it declined in mining and quarrying (-0.2% vs -0.5%) and in electricity, gas, steam, and air conditioning supply (-9.4% vs 1.7%). On the expenditure side, growth slowed for private consumption (0.2% vs 0.5%), government spending (0.4% vs 0.6%), and fixed investment (0.5% vs 1.3%). Net trade also contributed negatively, as imports surged 13.1% (vs 3.4%) while exports grew more modestly at 10.5% (vs 6.2%). Year-on-year, GDP expanded by 2.0%, accelerating from a 1.6% growth in Q4 and above the expected 1.5% expansion.