Switzerland’s current account surplus widened to CHF 23.7 billion in the second quarter of 2026 from a downwardly revised CHF 10.2 billion in the corresponding quarter of the previous year. This marked the largest surplus since the first quarter of 2025, as the goods account surplus increased to CHF 29.7 billion from CHF 17.1 billion, while the primary income account swung to a surplus of CHF 0.3 billion from a deficit of CHF 1.7 billion, largely driven by higher investment income of CHF 8.3 billion from CHF 6.5 billion, while the labour income deficit remained unchanged at CHF 8.2 billion. Additionally, the secondary income deficit narrowed to CHF 1.7 billion from CHF 2.9 billion a year earlier. On the other hand, the services account deficit widened to CHF 4.4 billion from CHF 2.2 billion. source: Swiss National Bank

Switzerland recorded a Current Account surplus of 23657.55 CHF Million in the second quarter of 2026. Current Account in Switzerland averaged 7859.37 CHF Million from 1972 until 2026, reaching an all time high of 27378.76 CHF Million in the third quarter of 2022 and a record low of -17161.97 CHF Million in the fourth quarter of 2020. This page provides - Switzerland Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Current Account - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Switzerland recorded a Current Account surplus of 23657.55 CHF Million in the second quarter of 2026. Current Account in Switzerland is expected to be 18000.00 CHF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Current Account is projected to trend around 18000.00 CHF Million in 2027 and 20000.00 CHF Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-23 07:00 AM
Current Account
Q1 CHF15.5B CHF3.0B CHF 11.9B
2026-09-22 07:00 AM
Current Account
Q2 CHF23.7B CHF16.5B CHF 10.8B
2026-12-22 08:00 AM
Current Account
Q3 CHF23.7B CHF 18.0B


Related Last Previous Unit Reference
Balance of Trade 5606.00 8094.00 CHF Million Aug 2026
Capital Flows 5830.66 24674.15 CHF Million Jun 2026
Current Account 23657.55 16517.52 CHF Million Jun 2026
Current Account to GDP 7.10 8.90 percent of GDP Dec 2025
Exports 23050.00 27837.00 CHF million Aug 2026
External Debt 2025312.70 2024804.60 CHF Million Jun 2026
Foreign Direct Investment 925710.60 936272.40 CHF Million Dec 2024
Imports 17444.00 19744.00 CHF million Aug 2026
Tourism Revenues 4994.40 4677.30 CHF Million Jun 2026


Switzerland Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
23657.55 16517.52 27378.76 -17161.97 1972 - 2026 CHF Million Quarterly
Current Prices, NSA

News Stream
Switzerland Current Account Surplus Hits 1-Year High
Switzerland’s current account surplus widened to CHF 23.7 billion in the second quarter of 2026 from a downwardly revised CHF 10.2 billion in the corresponding quarter of the previous year. This marked the largest surplus since the first quarter of 2025, as the goods account surplus increased to CHF 29.7 billion from CHF 17.1 billion, while the primary income account swung to a surplus of CHF 0.3 billion from a deficit of CHF 1.7 billion, largely driven by higher investment income of CHF 8.3 billion from CHF 6.5 billion, while the labour income deficit remained unchanged at CHF 8.2 billion. Additionally, the secondary income deficit narrowed to CHF 1.7 billion from CHF 2.9 billion a year earlier. On the other hand, the services account deficit widened to CHF 4.4 billion from CHF 2.2 billion.
2026-09-22
Swiss Current Account Surplus Narrows in Q1
Switzerland’s current account surplus narrowed sharply to CHF 15.5 billion in the first quarter of 2026, down from CHF 26.7 billion in the corresponding period of the previous year. The goods account surplus shrank by CHF 11.7 billion to CHF 26.2 billion from CHF 37.9 billion, while the primary income deficit widened to CHF 5.4 billion from CHF 4.8 billion, largely driven by a larger labor income deficit of CHF 8.04 billion and a sharp decline in investment income to CHF 2.7 billion. Additionally, the secondary income deficit increased to CHF 2.3 billion from CHF 1.9 billion a year earlier. On the other hand, the services account deficit decreased to CHF 2.9 billion from CHF 4.6 billion
2026-06-23
Swiss Current Account Surplus Smallest in 2Y
Switzerland’s current account surplus narrowed sharply to CHF 7.0 billion in the fourth quarter of 2025, down from CHF 23.5 billion in the same period a year earlier. This marks the smallest figure in two years, as the goods surplus fell to a more than five-year low of CHF 15.2 billion from CHF 29.1 billion in the fourth quarter of 2024, while the primary income surplus eased to CHF 1.3 billion from CHF 1.5 billion. Meanwhile, the services deficit widened to CHF 6.7 billion from CHF 4.6 billion, and the secondary income shortfall increased to CHF 2.9 billion from CHF 2.6 billion. For the full year, the current account surplus declined to CHF 61.7 billion from CHF 76.2 billion in 2024.
2026-03-24