Switzerland’s KOF Economic Barometer rose to 109.1 in September 2026, up from a revised 107.5 in August and well above the market expectation of 106. It was the sixth consecutive monthly rise, bringing the barometer to its highest level since September 2021 and pointing to a continued improvement in the outlook for the Swiss economy. Among the indicator groups underpinning the barometer, manufacturing, services, and construction showed particularly positive developments. By contrast, the outlook for foreign demand and financial and insurance services weakened slightly. Within the producing sector, most sub-indicators related to business activity improved. In particular, indicators for exports, intermediate-goods inventories, and the general business situation pointed to a brighter outlook. However, employment prospects remained under pressure. Within manufacturing, the chemical and pharmaceutical, paper and printing, and textile industries performed particularly well. source: Swiss Economic Institute (KOF)

Business Confidence in Switzerland increased to 109.10 points in September from 107.50 points in August of 2026. Business Confidence in Switzerland averaged 100.09 points from 1991 until 2026, reaching an all time high of 128.50 points in April of 2021 and a record low of 48.30 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 September of 2026.

Business Confidence in Switzerland increased to 109.10 points in September from 107.50 points in August of 2026. Business Confidence in Switzerland is expected to be 107.00 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 102.00 points in 2027 and 104.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-28 07:00 AM
KOF Leading Indicators
Aug 106.7 104.2 103.3 104
2026-09-29 07:00 AM
KOF Leading Indicators
Sep 109.1 107.5 106 107
2026-10-30 08:00 AM
KOF Leading Indicators
Oct 109.1


Related Last Previous Unit Reference
Bankruptcies 12485.00 17036.00 Companies and Individuals Dec 2025
KOF Leading Indicators 109.10 107.50 points Sep 2026
Car Registrations 16061.00 18792.00 Units Aug 2026
Changes in Inventories 2614.00 5392.00 CHF Million Jun 2026
Corruption Index 80.00 81.00 Points Dec 2025
Corruption Rank 6.00 5.00 Dec 2025
Industrial Production YoY 5.50 -7.60 percent Jun 2026
Industrial Production Mom 9.70 -1.80 percent Jun 2026
Manufacturing Production 6.10 -7.70 percent Jun 2026
Mining Production -2.90 3.40 percent Jun 2026
Economic Sentiment Index 2.60 12.10 points Sep 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
109.10 107.50 128.50 48.30 1991 - 2026 points Monthly
NSA

News Stream
Swiss KOF Barometer Hits Five-Year High
Switzerland’s KOF Economic Barometer rose to 109.1 in September 2026, up from a revised 107.5 in August and well above the market expectation of 106. It was the sixth consecutive monthly rise, bringing the barometer to its highest level since September 2021 and pointing to a continued improvement in the outlook for the Swiss economy. Among the indicator groups underpinning the barometer, manufacturing, services, and construction showed particularly positive developments. By contrast, the outlook for foreign demand and financial and insurance services weakened slightly. Within the producing sector, most sub-indicators related to business activity improved. In particular, indicators for exports, intermediate-goods inventories, and the general business situation pointed to a brighter outlook. However, employment prospects remained under pressure. Within manufacturing, the chemical and pharmaceutical, paper and printing, and textile industries performed particularly well.
2026-09-29
Swiss KOF Barometer Jumps to 2021 High
The KOF Economic Barometer in Switzerland rose to 106.7 in August 2026, up from a revised 104.2 in July and comfortably above market expectations of 103.3. It marked the strongest reading since November 2021, driven mainly by positive developments in manufacturing, other services and foreign demand. Private consumption, however, remained under pressure. Within the producing sector, comprising manufacturing and construction, most indicator bundles pointed to improving conditions. In particular, indicators for intermediate-goods inventories, employment prospects, production activity and order backlogs all signaled a stronger outlook. Most manufacturing sub-indicators also supported the positive assessment. The metal and textile industries recorded favorable developments, while the paper and printing industries experienced a setback.
2026-08-28
Swiss KOF Barometer Rises to Five-Month High
Switzerland's KOF Economic Barometer rose to 103.5 in July 2026 from an upwardly revised 102.1 in June, beating market expectations of 101.0 and reaching its highest level since February. The reading points to improving momentum in the Swiss economy over the coming months. Strength was broad-based across the production side, with indicator bundles for financial and insurance services, other services, construction, and manufacturing all signaling a more favorable outlook. Indicators for foreign demand and private consumption remained broadly stable. Within the production sector, competitiveness, profitability, business conditions, and the assessment of production constraints all improved, but expectations for production activity and intermediate goods inventories softened. Within manufacturing, prospects weakened for the textile industry and the wood, glass, stone, and earth materials segment. The electrical industry and machinery and equipment continued to show stronger momentum.
2026-07-30