Switzerland's GDP expanded by 0.2 percent year-on-year in the June quarter, the weakest growth since a 0.4 percent contraction in the fourth quarter 2009, after a downwardly revised 1 percent expansion in the previous quarter and missing forecasts of a 0.9 percent advance. GDP Annual Growth Rate in Switzerland averaged 1.77 percent from 1981 until 2019, reaching an all time high of 5.80 percent in the first quarter of 1990 and a record low of -3.70 percent in the second quarter of 2009.
GDP Annual Growth Rate in Switzerland is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Switzerland to stand at 1.50 in 12 months time. In the long-term, the Switzerland GDP Annual Growth Rate is projected to trend around 1.90 percent in 2020, according to our econometric models.