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. source: State Secretariat for Economic Affairs

The Gross Domestic Product (GDP) in Switzerland expanded 0.20 percent in the fourth quarter of 2025 over the previous quarter. GDP Growth Rate in Switzerland averaged 0.44 percent from 1980 until 2025, 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 February of 2026.

The Gross Domestic Product (GDP) in Switzerland expanded 0.20 percent in the fourth quarter of 2025 over the previous quarter. GDP Growth Rate in Switzerland is expected to be 0.20 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 0.60 percent in 2027 and 0.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-16 08:00 AM
QoQ Flash
Q4 0.2% -0.5% 0.2%
2026-02-27 08:00 AM
QoQ Final
Q4 0.2% -0.4% 0.2% 0.2%
2026-05-18 07:00 AM
QoQ Flash
Q1 0.2% 0.2%


Related Last Previous Unit Reference
Full Year GDP Growth 1.40 1.20 percent Dec 2025
GDP Growth Rate YoY 0.80 0.90 percent Dec 2025
GDP Constant Prices 202100.00 201796.00 CHF Million Dec 2025
GDP Growth Rate 0.20 -0.40 percent Dec 2025
Gross Fixed Capital Formation 52570.00 52181.00 CHF Million Dec 2025


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
0.20 -0.40 6.10 -6.40 1980 - 2025 percent Quarterly
SA, WDA

News Stream
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
Swiss Economy Grows 0.2% in Q4
Switzerland’s economy grew by 0.2% quarter-on-quarter in the fourth quarter of 2025, rebounding from a 0.5% contraction in the previous quarter, flash estimates showed. The data points to underlying resilience in the Swiss economy following the initial imposition of US President Trump’s 39% tariff, which resulted to the largest contraction since the pandemic. A trade deal reached in mid-November, reducing tariffs to 15%, raised hopes that the impact of tariffs would be contained. Growth was primarily driven by a moderate rise in the services sector, while the industrial sector stagnated. For 2025 as a whole, GDP increased by 1.4%, following a 1.2% rise in the previous year, but still below its long-term average growth (1.8% since 1981), as a challenging international environment weighed on the export-oriented manufacturing sector.
2026-02-16
Switzerland Records Sharpest GDP Decline Since 2020
Switzerland’s GDP fell by 0.5% in the third quarter of 2025, reversing the upwardly revised 0.2% growth seen in the previous quarter. This marks the country’s first economic contraction since Q1 2024 and the steepest decline since the early months of the COVID-19 pandemic. The downturn was driven primarily by the chemical and pharmaceutical sector, where earlier export strength was followed by a significant decline due in part to US tariffs. Weakness in services activity compounded the slide, failing to counterbalance the broader industrial slowdown. On the expenditure side, goods exports dropped 4.2%, outpacing the 0.8% decline in imports. Investment also softened, with slight decreases in equipment and software (-0.1%) as well as construction (-0.2%). Government consumption edged down 0.2%, while private consumption offered a modest bright spot, rising 0.4%. Compared with a year earlier, GDP growth eased to 0.8% in Q3 from 1.5% in Q2.
2025-11-28