This follows from the 1.2% development in 2024 and the 1.3% development posted in 2023. By way of GDP per capita, the Swiss economic system grew by 0.5% in 2025. And only for a bit extra of a benchmark, the GDP per capita has expanded by 4.8% since 2019.
Trying on the particulars, the commercial sector was the principle drag because it contributed negatively to GDP development as soon as once more. This makes it the third straight 12 months working that it has contracted. Whereas the pharmaceutical business grew, it couldn’t totally offset declines in different industrial areas.
On business weak point, the report by SECO highlights that European demand was extraordinarily comfortable 12 months. Specifically, exports to Germany fell off considerably and the sharp appreciation of the Swiss franc just isn’t serving to in that regard. The foreign money energy is making a “braking impact” on worldwide competitiveness.
In the meantime, the increase in Swiss GDP primarily stems from its providers sector – which grew strongly final 12 months, specifically finance and commerce. That largely took place within the first half of the 12 months, serving to to counterbalance the continued weaknesses within the industrial sector.
