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. source: Swiss Economic Institute (KOF)

Business Confidence in Switzerland increased to 97.90 points in April from 95.60 points in March of 2026. Business Confidence in Switzerland averaged 100.63 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 97.90 points in April from 95.60 points in March of 2026. Business Confidence in Switzerland is expected to be 101.50 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 102.50 points in 2027 and 101.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-30 07:00 AM
KOF Leading Indicators
Mar 96.1 103.8 102 102.2
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 97.9


Related Last Previous Unit Reference
Bankruptcies 17036.00 15447.00 Companies and Individuals Dec 2024
KOF Leading Indicators 97.90 95.60 points Apr 2026
Car Registrations 23165.00 15651.00 Units Mar 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 -0.70 2.00 percent Dec 2025
Industrial Production Mom -3.30 -0.80 percent Dec 2025
Manufacturing Production 0.50 4.50 percent Dec 2025
Mining Production 0.50 11.80 percent Dec 2025
Economic Sentiment Index -30.30 -35.00 points Apr 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
97.90 95.60 129.50 57.10 1991 - 2026 points Monthly
NSA

News Stream
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
Switzerland Economic Barometer Highest Since 2024
Switzerland’s KOF Economic Barometer went up to 104.2 in February 2026, the highest since August 2024, following an upwardly revised 103.3 in January and beating forecasts of 103. The reading showed that the positive outlook for the Swiss economy is reinforced. Both the indicator bundles for consumption as well as for foreign demand show a favourable outlook. The developments among the production side indicator bundles are mixed. In particular, the indicator bundle for manufacturing is experiencing a setback. Within the producing industry (manufacturing and construction), the sub-indicators for stockpiling of intermediate goods as well as for the general business situation are particularly under pressure. These negative developments are, inter alia, cushioned by a more favourable outlook for the sub-indicators for employment prospects and for exports.
2026-02-27