GDP growth (quarterly) · Switzerland

Switzerland GDP Growth Rate QoQ

The Switzerland GDP Growth Rate QoQ measures how much the economy of Switzerland, the total value of goods and services it produces after inflation, grew compared with the previous quarter.

Wichtigkeit
High
Währung
CHF · Swiss franc
Zentralbank
The Swiss National Bank
Bewegt
AUDCHF · CADCHF · CHFJPY · CHFSGD · EURCHF · GBPCHF · NZDCHF · USDCHF

Neueste Zahlen

Die letzte Veröffentlichung, für Q4, erschien am 2025-02-27 und lag bei 0.2%. Das entspricht dem Konsens von 0.2%. Das ist weniger als 0.4% beim letzten Mal.

Ein Ergebnis im Rahmen des Konsenses löst meist wenig Reaktion aus: Es war bereits eingepreist.

VeröffentlichtFürIstKonsensVorher
27 Feb 2025Q40.2%0.2%0.4%

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

GDP is the broadest measure of economic health. Two quarters of contraction are the common rule of thumb for a recession. Stronger growth supports corporate earnings, jobs and the Swiss franc, and can push the Swiss National Bank towards higher rates; a contraction raises the odds of cuts.

So wird gerechnet

the Federal Statistical Office (FSO) adds up spending in the economy: consumption + investment + government spending + exports − imports, measured at constant prices (real GDP) and adjusted for seasonal patterns. The first (advance or flash) estimate is revised as more data arrive. The US annualises the quarterly change.

GDP = C + I + G + (X − M)
Growth (qoq) = real GDP ÷ real GDP last quarter − 1
Annualised = (1 + qoq)⁴ − 1

Was Veränderungen bedeuten

  • Compare with the consensus and with the previous quarter; the first estimate gets the biggest reaction.
  • Look at the mix: growth from consumption and investment is healthier than growth from inventories.
  • An annualised US figure of 2% is close to its long-run trend; 0.5% quarter on quarter is similar in European terms.

Höher als erwartet: A stronger figure than expected points to a healthier economy: it usually supports the Swiss franc and local stocks, and can push bond yields up.

Niedriger als erwartet: A weaker figure than expected points to slowing activity: the Swiss franc tends to soften and markets price in lower rates.

Eine kurze Geschichte

Simon Kuznets built the first national income accounts for the US Congress in 1934. GDP replaced GNP as the US headline measure in 1991; international standards are set in the UN System of National Accounts.

Fragen

What is the Switzerland GDP Growth Rate QoQ?

The Switzerland GDP Growth Rate QoQ measures how much the economy of Switzerland, the total value of goods and services it produces after inflation, grew compared with the previous quarter.

What was the latest Switzerland GDP Growth Rate QoQ?

0.2% for Q4, published on 27 February 2025 (consensus 0.2%, previous 0.4%).

What is the difference between quarterly and annual GDP growth?

Quarterly growth compares with the previous quarter (the latest momentum); annual growth compares with the same quarter a year earlier.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.