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Switzerland

Headline economic indicators for Switzerland, with the most recent official readings.

Prices

Prices — Switzerland
Indicator Value Change
Inflation rate · 0.2% -0.91 (-85.5%)
Consumer price index · 105.7 +0.16 (+0.2%)
Inflation rate (monthly) · 1.2% +0.30 (+33.3%)
Harmonised consumer price index · 108.8 -0.07 (-0.1%)
House price index (quarterly) · 173.7 +1.21 (+0.7%)
House price inflation, year on year (quarterly) · 3.5% -1.20 (-25.3%)
Real house price index (quarterly) · 163.1 -0.11 (-0.1%)
Real house price growth, year on year (quarterly) · 3.0% -1.59 (-35.1%)
Producer prices, year on year (monthly) · -1.2% +0.00 (+0.0%)
GDP deflator inflation · 0.3% -0.68 (-70.3%)

GDP

GDP — Switzerland
Indicator Value Change
GDP growth rate · 1.3% -0.09 (-6.5%)
GDP per capita · 114,769.01 +7,067 (+6.6%)
GDP growth, quarter on quarter · 1.9% +1.30 (+216.7%)
GDP growth, year on year (quarterly) · 2.6% +1.90 (+271.4%)
Industrial production, year on year (monthly) · 10.1% +0.60 (+6.3%)
Retail sales volume, year on year (monthly) · 3.1% +0.50 (+19.2%)
GDP per capita, long-run history · 63,323 +727.94 (+1.2%)
GDP · 1,043,529,899,250.92 +73,610,112,856 (+7.6%)
GDP, PPP · 932,096,048,761 +54,342,281,373 (+6.2%)
GDP per capita, PPP · 102,513 +5,046 (+5.2%)
GDP per capita growth · 0.3% +0.26 (+338.7%)
GNI per capita · 110,330 +10,410 (+10.4%)
Agriculture to GDP · 0.6% +0.04 (+5.8%)
Industry to GDP · 25.0% -0.42 (-1.6%)
Manufacturing to GDP · 18.9% -0.14 (-0.7%)
Services to GDP · 71.7% +0.30 (+0.4%)
Household consumption to GDP · 49.5% +0.22 (+0.4%)
Gross capital formation to GDP · 29.5% +2.76 (+10.3%)
Gross savings to GDP · 36.6% +2.07 (+6.0%)

Labour

Labour — Switzerland
Indicator Value Change
Unemployment rate · 4.9% +0.53 (+12.2%)
Unemployment rate (monthly) · 5.1% +0.00 (+0.0%)
Labour force participation rate · 66.7% -0.36 (-0.5%)
Female labour force participation rate · 62.2% -0.31 (-0.5%)
Youth unemployment rate · 9.0% +0.80 (+9.7%)
Employment to population ratio · 63.5% -0.69 (-1.1%)
Employment in agriculture · 2.2% -0.05 (-2.3%)
Employment in industry · 19.6% -0.26 (-1.3%)
Employment in services · 78.2% +0.32 (+0.4%)

Money

Money — Switzerland
Indicator Value Change
Real interest rate · 2.5% +0.55 (+28.0%)
Central bank policy rate · 0.0% -0.25 (-100.0%)
Real effective exchange rate (monthly) · 98.4 -1.46 (-1.5%)
Nominal effective exchange rate (monthly) · 119.7 -1.16 (-1.0%)
Private sector credit to GDP (quarterly) · 257.3% +5.30 (+2.1%)
Credit-to-GDP gap (quarterly) · -11.85 pp +5.10 (+30.1%)
Debt service ratio, private sector (quarterly) · 20.0% +0.30 (+1.5%)
Broad money to GDP · 181.9% +3.55 (+2.0%)
Private sector credit to GDP · 152.6% +2.90 (+1.9%)
Lending rate · 2.8% -0.14 (-4.7%)
Bank deposit rate · 0.1% -0.70 (-89.5%)
Stock market capitalization to GDP · 240.9% +37.69 (+18.5%)
Bank nonperforming loans · 0.8% -0.05 (-6.6%)
Official exchange rate · 0.83 -0.05 (-5.6%)

Trade

Trade — Switzerland
Indicator Value Change
Current account to GDP · 6.2% -2.64 (-29.7%)
Exports to GDP · 78.1% +6.85 (+9.6%)
Imports to GDP · 69.1% +9.96 (+16.8%)
Trade to GDP · 147.2% +16.81 (+12.9%)
Exports of goods and services · 814,503,715,316.45 +123,898,620,709 (+17.9%)
Imports of goods and services · 721,176,290,537.45 +147,447,141,598 (+25.7%)
Trade balance, goods and services (annual) · 90,089,053,312.23 -23,549,060,398 (-20.7%)
Current account balance (annual) · 65,182,983,913.88 -21,019,881,485 (-24.4%)
Foreign direct investment to GDP · 0.0% +11.18 (+100.0%)
Remittances received to GDP · 0.4% -0.00 (-1.0%)
Total reserves, including gold · 1,075,680,064,272.88 +166,314,320,176 (+18.3%)
Reserves in months of imports · 13.1 -0.12 (-0.9%)

Government

Government — Switzerland
Indicator Value Change
Government debt to GDP · 22.3% +3.12 (+16.3%)
Government revenue to GDP · 17.0% +0.61 (+3.7%)
Government expense to GDP · 16.1% +0.22 (+1.4%)
Tax revenue to GDP · 9.5% +0.78 (+9.0%)
Government budget balance to GDP · 0.5% +0.35 (+249.4%)
Government consumption to GDP · 12.0% +0.13 (+1.1%)
Education spending to GDP · 4.9% -0.16 (-3.2%)
Health spending to GDP · 11.7% +0.09 (+0.8%)

Demography

Demography — Switzerland
Indicator Value Change
Population · 9,092,436 +86,854 (+1.0%)
Population, long-run history · 8,834 +77.58 (+0.9%)
Population growth · 1.0% -0.35 (-26.5%)
Life expectancy · 84.4 +0.25 (+0.3%)
Fertility rate · 1.29 -0.04 (-3.0%)
Birth rate · 8.7 -0.30 (-3.3%)
Death rate · 8.0 -0.10 (-1.2%)
Urban population share · 85.7% +0.27 (+0.3%)
Population aged 65 and over · 20.4% +0.41 (+2.1%)
Under-five mortality rate · 3.9 +0.00 (+0.0%)
Population density · 227.9 +2.96 (+1.3%)
Net migration · 37,253 -2,846 (-7.1%)
Gini index · 33.5 -0.30 (-0.9%)

Source: Bank for International Settlements (BIS). Translated titles are not official BIS translations.

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

Switzerland

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