Switzerland’s gross domestic product expanded 0.4% quarter-on-quarter in the three months to March 2026, less than initial estimates of 0.5%. Industrial output increased 1.3%, led by manufacturing (+1.5%). On the other hand, the chemical and pharmaceutical industry contracted (-3.4%) as exports of these products fell sharply, contributing to a 2.2% decline in overall goods exports. Services grew just 0.2%, with mixed performance across sectors. Transport (+1.9%) and financial services (+1.3%) supported growth, helped by stronger interest and commission income. In contrast, trade fell 0.8%, including a 1.3% decline in retail activity. Accommodation and food services also weakened (-0.6%) due to fewer overnight stays. Services exports rose only 0.5%. Domestic final demand increased just 0.1%. Government spending grew strongly (+0.9%), but both equipment investment (-0.2%) and construction investment (-0.2%) declined. Imports fell 2.4%, reflecting weak domestic demand. source: State Secretariat for Economic Affairs

The Gross Domestic Product (GDP) in Switzerland expanded 0.40 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Switzerland averaged 0.44 percent from 1980 until 2026, reaching an all time high of 6.10 percent in the third quarter of 2020 and a record low of -6.40 percent in the second quarter of 2020. This page provides - Switzerland GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland GDP Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

The Gross Domestic Product (GDP) in Switzerland expanded 0.40 percent in the first quarter of 2026 over the previous quarter. GDP Growth Rate in Switzerland is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland GDP Growth Rate is projected to trend around 0.30 percent in 2027 and 0.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-18 07:00 AM
QoQ Flash
Q1 0.5% 0.2% 0.5% 0.3%
2026-06-01 07:00 AM
QoQ Final
Q1 0.4% 0.2% 0.5% 0.5%
2026-08-14 07:00 AM
QoQ Flash
Q2 0.4% 0.4%


Related Last Previous Unit Reference
Full Year GDP Growth 1.40 1.20 percent Dec 2025
GDP Growth Rate YoY 0.30 1.10 percent Mar 2026
GDP Constant Prices 203332.00 202450.00 CHF Million Mar 2026
GDP Growth Rate 0.40 0.20 percent Mar 2026
Gross Fixed Capital Formation 52286.00 52372.00 CHF Million Mar 2026


Switzerland GDP Growth Rate
On the expenditure side, household consumption is the main component of Swiss GDP and accounts for 54 percent of its total, followed by gross fixed capital formation (24 percent) and government expenditure (11 percent). Foreign trade adds 11 percent to GDP as exports account for 64 percent and imports for 53 percent.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.20 6.10 -6.40 1980 - 2026 percent Quarterly
SA, WDA

News Stream
Swiss GDP Growth Revised Down
Switzerland’s gross domestic product expanded 0.4% quarter-on-quarter in the three months to March 2026, less than initial estimates of 0.5%. Industrial output increased 1.3%, led by manufacturing (+1.5%). On the other hand, the chemical and pharmaceutical industry contracted (-3.4%) as exports of these products fell sharply, contributing to a 2.2% decline in overall goods exports. Services grew just 0.2%, with mixed performance across sectors. Transport (+1.9%) and financial services (+1.3%) supported growth, helped by stronger interest and commission income. In contrast, trade fell 0.8%, including a 1.3% decline in retail activity. Accommodation and food services also weakened (-0.6%) due to fewer overnight stays. Services exports rose only 0.5%. Domestic final demand increased just 0.1%. Government spending grew strongly (+0.9%), but both equipment investment (-0.2%) and construction investment (-0.2%) declined. Imports fell 2.4%, reflecting weak domestic demand.
2026-06-01
Swiss GDP Growth Accelerates in Q1
Switzerland’s economy expanded by 0.5% quarter-on-quarter in the three months to March 2026, accelerating from 0.2% growth in the previous period, flash estimates showed. This marked the strongest quarterly performance in a year, with both the industrial and services sectors contributing to the expansion. The figures suggest the Swiss economy continued to recover from a brief contraction following the US tariff shock last summer, with growth proving resilient despite a surge in energy prices and a stronger franc after the outbreak of the Iran war. Initial attacks drove oil and gas prices sharply higher and boosted safe-haven demand for the franc, though a late-March easing in the currency may have provided some relief to exporters toward the end of the quarter.
2026-05-18
Swiss Economy Returns to Growth in Q4
Switzerland’s sport-adjusted GDP rose 0.2% in the fourth quarter of 2025, rebounding from a 0.4% contraction in the previous quarter and matching preliminary estimates. The modest recovery suggests underlying resilience after the sharp downturn triggered by US President Donald Trump’s initial 39% tariff, which led to the steepest contraction since the pandemic. A trade agreement reached in November, lowering tariffs to 15%, helped ease concerns about prolonged economic damage. Domestic demand supported growth, with private consumption up 0.4% and investment increasing in construction (1.0%) as well as equipment and software (0.6%). However, net trade weighed on GDP as imports outpaced exports. On an annual basis, growth slowed slightly to 0.8% in Q4 from 0.9% in Q3. For 2025 as a whole, the economy expanded 1.4%, up from 1.2% in 2024.
2026-02-27