Switzerland recorded a Current Account surplus of 3.80 percent of the country's Gross Domestic Product in 2020. source: Swiss National Bank

Current Account to GDP in Switzerland averaged 7.46 percent from 1980 until 2020, reaching an all time high of 14.80 percent in 2006 and a record low of -0.60 percent in 1980. This page provides - Switzerland Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Current Account to GDP - values, historical data and charts - was last updated on December of 2021.

Current Account to GDP in Switzerland is expected to reach 4.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Current Account to GDP is projected to trend around 5.00 percent of GDP in 2022 and 4.00 percent of GDP in 2023, according to our econometric models.

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Switzerland Current Account to GDP

Related Last Previous Unit Reference
Current Account 10508.00 11115.00 CHF Million Jun/21
Current Account to GDP 3.80 6.70 percent of GDP Dec/20
External Debt 2140576.40 2097470.00 CHF Million Jun/21
Capital Flows 11831.49 4378.14 CHF Million Jun/21
Foreign Direct Investment 1369627.00 1358873.80 CHF Million Dec/19
Tourism Revenues 1986.00 1516.04 CHF Million Jun/21
Switzerland Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.