Switzerland's gross domestic product expanded 4.1 percent year-on-year in the third quarter of 2021, easing from an 8.6 percent advance in the previous quarter and but above forecasts of 3.2 percent. source: State Secretariat for Economic Affairs

GDP Annual Growth Rate in Switzerland averaged 1.75 percent from 1981 until 2021, reaching an all time high of 8.60 percent in the second quarter of 2021 and a record low of -6.70 percent in the second quarter of 2020. This page provides - Switzerland GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

GDP Annual Growth Rate in Switzerland is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland GDP Annual Growth Rate is projected to trend around 3.60 percent in 2022 and 2.20 percent in 2023, according to our econometric models.

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Switzerland GDP Annual Growth Rate

Calendar GMT Actual Previous Consensus TEForecast
2021-09-02 07:00 AM Q2 7.7% -0.7% 9% 7.9%
2021-11-26 08:00 AM Q3 4.1% 8.6% 3.2% 4.6%
2022-02-25 08:00 AM Q4

Related Last Previous Unit Reference
GDP Growth Rate 1.70 1.80 percent Sep/21
GDP Annual Growth Rate 4.10 8.60 percent Sep/21
GDP Constant Prices 186463.09 182933.62 CHF Million Sep/21
Gross Fixed Capital Formation 46852.90 47061.30 CHF Million Sep/21
Switzerland GDP Annual Growth Rate
Switzerland’s is one of the wealthiest countries in the world. Key areas of the economy include micro-technology, hi-tech, biotechnology and pharmaceuticals, as well as banking and insurance know-how. .