Markets Actual Q4 Q1 Q2 Q3 2020
Currency 0.99 0.99 0.99 1 1.01 1.03
Stock Market (points) 8677.39 9038 8949 8861 8775 8436
Government Bond 10Y (%) -0.18 0.04 0.05 0.05 0.06 0.09
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) -0.20 0.7 0.3 0.3 0.4 0.4
GDP Annual Growth Rate (%) 2.40 2.8 2.6 2.5 2.3 2.6
Unemployment Rate (%) 2.50 2.5 2.5 2.6 2.7 3.2
Inflation Rate (%) 0.90 1 0.9 1 1.2 1.9
Inflation Rate Mom (%) -0.30 0.2 0.3 0.4 0.03 0.5
Interest Rate (%) -0.75 -0.75 -0.75 -0.75 -0.5 0.25
Balance of Trade (CHF million) 2637.00 1840 1790 2030 1900 880
Current Account (CHF Million) 22143.83 25100 19900 17015 21800 19500
Current Account to GDP (%) 9.80 9.5 9.8 9.8 9.8 8.8
Government Debt to GDP (%) 29.70 31.7 31.1 31.1 31.1 30.7
Government Budget (% of GDP) 1.20 1 1.2 1.2 1.2 1.5
Business Confidence (Index Points) 99.10 100 98.5 103 105 105
Manufacturing PMI 57.70 60.9 60.2 59.7 55.64 57.2
Consumer Confidence (Index Points) -6.00 1 5 10 9 5
Retail Sales MoM (%) 1.90 0.5 -0.4 -0.3 0 0.4
Corporate Tax Rate (%) 17.77 17.77 17.77 17.77 17.77 17.77
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) -0.20 0.7 0.3 0.3 0.4 0.4
GDP Annual Growth Rate (%) 2.40 2.8 2.6 2.5 2.3 2.6
GDP (USD Billion) 678.89 692 702 702 702 715
GDP Constant Prices (CHF Million) 175106.43 175911 176543 177695 177120 184095
Gross Fixed Capital Formation (CHF Million) 43116.30 43741 43992 44202 43612 45776
GDP per capita (USD) 76667.44 76800 77000 77000 77000 77200
GDP per capita PPP (USD) 57410.17 57600 57800 57800 57800 58000
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate (%) 2.50 2.5 2.5 2.6 2.7 3.2
Wages (CHF/Month) 6260.00 6270 6320 6320 6291 6370
Wages in Manufacturing (Index Points) 113.10 115 117 114 115 118
Population (Million) 8.48 8.48 8.55 8.53 8.55 8.66
Retirement Age Women 64.00 64 64 64 64 64
Retirement Age Men 65.00 65 65 65 65 65
Non Farm Payrolls (Thousand) 5070.00 4991 4995 4999 5128 5025
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 0.90 1 0.9 1 1.2 1.9
Inflation Rate Mom (%) -0.30 0.2 0.3 0.4 0.03 0.5
Consumer Price Index CPI (Index Points) 101.79 102 102 103 103 105
Core Consumer Prices (Index Points) 100.66 101 101 101 101 102
Producer Prices (Index Points) 103.10 112 105 106 106 122
Producer Prices Change (%) 1.40 2.3 2.5 2.4 2.3 2
Cpi Housing Utilities (Index Points) 104.05 103 104 104 105 107
CPI Transportation (Index Points) 103.79 102 104 106 104 105
Harmonised Consumer Prices (Index Points) 101.65 101 101 102 103 105
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate (%) -0.75 -0.75 -0.75 -0.75 -0.5 0.25
Interbank Rate (%) -0.73 -0.75 -0.75 -0.75 -0.5 0.25
Deposit Interest Rate (%) -0.32 -0.32 -0.32 -0.32 -0.07 0.68
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (CHF million) 2637.00 1840 1790 2030 1900 880
Current Account (CHF Million) 22143.83 25100 19900 17015 21800 19500
Current Account to GDP (%) 9.80 9.5 9.8 9.8 9.8 8.8
Imports (CHF million) 16221.98 19050 19670 20120 20850 23620
Exports (CHF million) 18858.98 20890 21460 22150 22750 24500
Terms of Trade (Index Points) 112.06 115 115 116 115 112
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP (%) 29.70 31.7 31.1 31.1 31.1 30.7
Government Budget (% of GDP) 1.20 1 1.2 1.2 1.2 1.5
Government Budget Value (CHF Million) 1373.00 568 1112 24.21 -1064 -868
Government Spending (CHF Million) 19864.58 20196 20107 20132 20093 21135
Government Spending to GDP (%) 33.00 33 33 33 33 33
Taxes Actual Q4 Q1 Q2 Q3 2020
Corporate Tax Rate (%) 17.77 17.77 17.77 17.77 17.77 17.77
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
Sales Tax Rate (%) 7.70 7.7 7.7 7.7 7.7 7.7
Social Security Rate (%) 12.46 12.46 12.46 12.46 12.46 12.46
Social Security Rate For Companies (%) 6.23 6.23 6.23 6.23 6.23 6.23
Social Security Rate For Employees (%) 6.23 6.23 6.23 6.23 6.23 6.23
Business Actual Q4 Q1 Q2 Q3 2020
Business Confidence (Index Points) 99.10 100 98.5 103 105 105
Manufacturing PMI 57.70 60.9 60.2 59.7 55.64 57.2
Zew Economic Sentiment Index -42.30 -32.6 -20.4 -4.6 5.1 12.2
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Confidence (Index Points) -6.00 1 5 10 9 5
Retail Sales MoM (%) 1.90 0.5 -0.4 -0.3 0 0.4
Retail Sales YoY (%) 0.80 0.7 1 1.1 0.32 1.8
Consumer Spending (CHF Million) 92700.20 93851 93651 93788 93766 98217
Gasoline Prices (USD/Liter) 1.72 1.72 1.69 1.66 1.63 1.51


This page has economic forecasts for Switzerland including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Switzerland economy.