Switzerland's current account surplus widened to CHF 10.51 billion in the June quarter of 2021, from CHF 3.21 billion in the same period last year. The goods surplus expanded markedly to CHF 23.47 billion from CHF 12.41 billion, more than offsetting an increase in the primary income deficit to CHF 8.01 billion, from CHF 4.03 billion a year earlier. Meanwhile, the secondary income gap stood at CHF 3.42 billion, little changed from CHF 3.50 billion last year and the services shortfall shrank to CHF 1.52 billion, from CHF 1.68 billion a year ago. source: Swiss National Bank

Current Account in Switzerland averaged 7888.38 CHF Million from 1972 until 2021, reaching an all time high of 25242.98 CHF Million in the second quarter of 2013 and a record low of -3125.98 CHF Million in the first quarter of 2009. This page provides - Switzerland Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Switzerland Current Account - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Current Account in Switzerland is expected to be 17600.00 CHF Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland Current Account is projected to trend around 16200.00 CHF Million in 2022 and 16700.00 CHF Million in 2023, according to our econometric models.

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Switzerland Current Account


Calendar GMT Actual Previous Consensus TEForecast
2021-06-22 07:00 AM Q1 CHF 16B CHF -3B CHF 5.1B
2021-09-22 07:00 AM Q2 CHF 11B CHF 11B CHF 15.1B
2021-12-21 08:00 AM Q3 CHF 11B


Related Last Previous Unit Reference
Current Account 10508.00 11115.00 CHF Million Jun/21
Current Account to GDP 3.80 6.70 percent of GDP Dec/20
External Debt 2140576.40 2097470.00 CHF Million Jun/21
Capital Flows 11831.49 4378.14 CHF Million Jun/21
Foreign Direct Investment 1369627.00 1358873.80 CHF Million Dec/19
Tourism Revenues 1986.00 1516.04 CHF Million Jun/21

News Stream
Swiss Q2 Current Account Surplus Widens Sharply
Switzerland's current account surplus widened to CHF 10.51 billion in the June quarter of 2021, from CHF 3.21 billion in the same period last year. The goods surplus expanded markedly to CHF 23.47 billion from CHF 12.41 billion, more than offsetting an increase in the primary income deficit to CHF 8.01 billion, from CHF 4.03 billion a year earlier. Meanwhile, the secondary income gap stood at CHF 3.42 billion, little changed from CHF 3.50 billion last year and the services shortfall shrank to CHF 1.52 billion, from CHF 1.68 billion a year ago.
2021-09-22
Swiss Current Account Surplus Widens in Q1
Switzerland's current account surplus widened to CHF 15.93 billion in the first quarter of 2021, from CHF 10.16 billion in the same period last year, as the goods surplus increased to CHF 22.04 billion from CHF 18.08 billion and the secondary income deficit shrank to CHF 0.72 billion from CHF 3.93 billion last year. Meanwhile, the services surplus stood at CHF 0.52 billion, little-changed from CHF 0.59 billion a year ago, while the primary income gap rose to CHF 5.91 billion from CHF 4.58 billion.
2021-06-22
Switzerland Records 1st Current Account Gap in 11Y
Switzerland recorded a current account gap of CHF 2.9 billion in the last three months of 2020, the first deficit since a record gap in Q1 2009, and compared to a CHF 16.3 billion surplus in Q4 2019. The decline was mainly due to direct investment, with receipts declining more strongly than expenses. Under secondary income, higher claims payments by private insurers were behind higher expenses. Considering full 2020, the current account surplus narrowed by CHF 22 billion to CHF 27 billion, mainly due to a lower trade surplus amid rising gold imports.
2021-03-22

Switzerland Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).