Switzerland recorded a Current Account surplus of 19049.94 CHF Million in the first quarter of 2022Switzerland recorded a current account surplus of CHF 19.1 billion in the first quarter of 2022, widening from the CHF 14.8 billion surplus in the corresponding period of the previous year. The goods account surplus widened to CHF 27.4 billion from CHF 21.3 billion, and the services gap narrowed to CHF 0.7 billion from CHF 1.4 billion. On the other hand, the secondary income gap widened to CHF 3.2 billion from CHF 0.9 billion and the primary income deficit widened to CHF 4.4 billion from CHF 4.2 billion. source: Swiss National Bank

Current Account in Switzerland averaged 7855.27 CHF Million from 1972 until 2022, reaching an all time high of 25242.98 CHF Million in the second quarter of 2013 and a record low of -14553 CHF Million in the fourth quarter of 2020. 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 July of 2022.

Current Account in Switzerland is expected to be 16900.00 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 16700.00 CHF Million in 2023, according to our econometric models.

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Switzerland Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-03-22 08:00 AM Q4 CHF 14B CHF 24B CHF 22B
2022-06-22 07:00 AM Q1 CHF 19B CHF 14B CHF 9.4B
2022-09-23 07:00 AM Q2


Related Last Previous Unit Reference
Current Account 19049.94 14296.84 CHF Million Mar 2022
Current Account to GDP 3.80 6.70 percent of GDP Dec 2020
External Debt 2163498.00 2131529.80 CHF Million Mar 2022
Capital Flows 3145.30 13935.99 CHF Million Mar 2022
Foreign Direct Investment 1216319.20 1369627.00 CHF Million Dec 2020
Tourism Revenues 2876.96 2567.87 CHF Million Mar 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
19049.94 14296.84 25242.98 -14553.00 1972 - 2022 CHF Million Quarterly
Current Prices, NSA

News Stream
Swiss Current Account Surplus Widens in Q1
Switzerland recorded a current account surplus of CHF 19.1 billion in the first quarter of 2022, widening from the CHF 14.8 billion surplus in the corresponding period of the previous year. The goods account surplus widened to CHF 27.4 billion from CHF 21.3 billion, and the services gap narrowed to CHF 0.7 billion from CHF 1.4 billion. On the other hand, the secondary income gap widened to CHF 3.2 billion from CHF 0.9 billion and the primary income deficit widened to CHF 4.4 billion from CHF 4.2 billion.
2022-06-22
Swiss Current Account Swings to Surplus in Q4
Switzerland recorded a current account surplus of CHF 14.3 billion in the fourth quarter of 2021, compared to a CHF 14.5 billion deficit in the corresponding period of the previous year. The swing was primarily due to a sharp narrowing of the primary account gap to CHF 3.4 billion from CHF 20.6 billion a year earlier. At the same time, the goods account surplus rose to CHF 22.7 billion from CHF 16.3 billion and the services gap narrowed to CHF 1.2 billion from CHF 3.2 billion. The secondary income gap narrowed to 3.8 billion from CHF 6.9 billion.
2022-03-22
Swiss Current Account Surplus Widens in Q3
Switzerland's current account surplus widened to CHF 24.38 billion in the September quarter of 2021 from CHF 14.56 billion in the same period last year. The goods surplus rose sharply to CHF 32.26 billion from CHF 13.23 billion a year earlier and the services gap narrowed to CHF 2.37 billion from CHF 2.64 billion. On the other hand, the secondary income deficit widened to CHF 3.79 billion from CHF 1 billion and the primary income account recorded a CHF 1.71 billion shortfall, switching from a CHF 4.97 billion surplus.
2021-12-21