Switzerland's real GDP rose by 0.8 Percent in Q1 of 2007


The positive trend in the Swiss economy continues in Q1 of 2007. Switzerland's real GDP rose by 0.8% compared to the previous quarter. Compared to the first quarter of the previous year, GDP growth amounts to 2.4%.

The positive trend in the Swiss economy continues in Q1 of 2007. Switzerland's real GDP rose by 0.8% compared to the previous quarter. Compared to the first quarter of the previous year, GDP growth amounts to 2.4%.

On the expenditure side, growth was mainly supported by private consumption and net exports. On the production side the strongest growth impulses came from the development of value added of domestic-market-oriented services and the financial sector.

Total investment fell 0.6% while remaining at a high level. The decrease in equipment and software investment (-0.3%) however was largely due to a special effect (lower investment in aircraft). The remaining components - above all investment in software - generally developed positively. Despite the excellent weather conditions during Q1 construction recorded a drop of 1.0%.


Federal Department of Economic Affairs, Swiss National Bank
6/7/2007 6:54:29 PM