Switzerland’s KOF Economic Barometer came in at 98.0 in May 2026, slightly up from a revised 97.8 and matching market expectations. The reading signals a subdued economic outlook. On the production side, manufacturing indicators face pressure, partly offset by positive trends in financial and insurance services. On the demand side, foreign demand shows improvement, while private consumption indicators decline. source: Swiss Economic Institute (KOF)

Business Confidence in Switzerland increased to 98 points in May from 97.80 points in April of 2026. Business Confidence in Switzerland averaged 100.62 points from 1991 until 2026, reaching an all time high of 129.50 points in April of 2021 and a record low of 57.10 points in April of 2020. This page provides the latest reported value for - Switzerland Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Switzerland Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Business Confidence in Switzerland increased to 98 points in May from 97.80 points in April of 2026. Business Confidence in Switzerland is expected to be 97.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Business Confidence is projected to trend around 100.00 points in 2027 and 101.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-30 07:00 AM
KOF Leading Indicators
Apr 97.9 95.6 95.9 95.3
2026-05-29 07:00 AM
KOF Leading Indicators
May 98.0 97.8 98 98.4
2026-06-30 07:00 AM
KOF Leading Indicators
Jun 98.0 97.8


Related Last Previous Unit Reference
Bankruptcies 12485.00 17036.00 Companies and Individuals Dec 2025
KOF Leading Indicators 98.00 97.80 points May 2026
Car Registrations 18290.00 23165.00 Units Apr 2026
Changes in Inventories 7732.00 5684.00 CHF Million Dec 2025
Corruption Index 80.00 81.00 Points Dec 2025
Corruption Rank 6.00 5.00 Dec 2025
Industrial Production YoY -7.10 -0.40 percent Mar 2026
Industrial Production Mom -1.60 -2.90 percent Mar 2026
Manufacturing Production -7.20 0.90 percent Mar 2026
Mining Production 3.70 3.00 percent Mar 2026
Economic Sentiment Index -11.10 -30.30 points May 2026


Switzerland Business Confidence
In Switzerland, the KOF Swiss Economic Institute economic barometer measures the level of optimism that people who run companies have about the performance of the economy and how they feel about their organizations’ prospects. The KOF economic barometer is based on a multi-sectoral design with three modules. The 2014 version comprises 219 indicator variables, which are combined based on statistically determined weights. The most important module is GDP, which excludes construction and banking sectors and accounts for more than 90% of Swiss GDP.
Actual Previous Highest Lowest Dates Unit Frequency
98.00 97.80 129.50 57.10 1991 - 2026 points Monthly
NSA

News Stream
Swiss KOF Economic Barometer Little-Changed in May
Switzerland’s KOF Economic Barometer came in at 98.0 in May 2026, slightly up from a revised 97.8 and matching market expectations. The reading signals a subdued economic outlook. On the production side, manufacturing indicators face pressure, partly offset by positive trends in financial and insurance services. On the demand side, foreign demand shows improvement, while private consumption indicators decline.
2026-05-29
Swiss KOF Barometer Rises in April
Switzerland’s KOF Economic Barometer climbed to 97.9 in April 2026, up from a nine-month low of 95.6 in March and exceeding market expectations of 95.9, driven by positive developments in manufacturing, other services, and private consumption, though the hospitality sector weakened. Indicator bundles for foreign demand, financial and insurance services, and construction remained largely unchanged. Within the producing industry (manufacturing and construction), most sub-indicators pointed to positive trends, particularly in stockpiling of intermediate goods, production barriers, and capacity utilization. However, sub-indicators for the general business situation and employment prospects faced pressure. In manufacturing, the wood, glass, stone, and earth segment, as well as food and beverage producers, saw setbacks, while the metal, paper and printing, and electrical industries showed a more favorable outlook.
2026-04-30
Swiss Economic Barometer Lowest in 9 Months
Switzerland’s KOF Economic Barometer dropped to 96.1 in March 2026, the lowest level since June 2025, down from a revised 103.8 in February and below expectations of 102. The weaker outlook is reflected across both the production and demand components of the barometer, with manufacturing and external demand indicators showing particularly sharp declines. Within the producing sector, which includes manufacturing and construction, most business activity indicators point to deterioration, especially those related to exports, overall business conditions, and order backlogs, all of which remain under pressure. Sentiment in manufacturing is broadly negative. While indicators for food and beverages show slight improvement, those for machinery and equipment, the electrical sector, metals, and paper and printing are weakening more significantly.
2026-03-30