Annual GDP growth (%) in Switzerland
Switzerland: Annual GDP growth (%) was 1.3% in 2024. ◆ Volatile
Annual GDP growth in Switzerland, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Switzerland recorded 1.3% for annual gdp growth in 2024.
Compared with earlier readings it is up 90.6% on the previous year and down 44.6% over ten years.
Over the whole period, annual gdp growth in Switzerland peaked at 5.6% in 2021 and was at its lowest, -2.3%, in 2009.
Switzerland ranks 175th of 230 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Switzerland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.0% | — |
| 2001 | 1.6% | -60.2% |
| 2002 | -0.1% | -104.6% |
| 2003 | -0.0% | -55.8% |
| 2004 | 2.7% | -8439.0% |
| 2005 | 2.7% | +1.8% |
| 2006 | 4.1% | +48.1% |
| 2007 | 3.9% | -3.9% |
| 2008 | 2.8% | -28.3% |
| 2009 | -2.3% | -181.8% |
| 2010 | 3.2% | -241.2% |
| 2011 | 1.8% | -44.1% |
| 2012 | 1.2% | -35.0% |
| 2013 | 1.8% | +52.0% |
| 2014 | 2.3% | +31.1% |
| 2015 | 1.6% | -30.0% |
| 2016 | 2.1% | +25.8% |
| 2017 | 1.4% | -34.1% |
| 2018 | 2.9% | +109.9% |
| 2019 | 1.1% | -60.1% |
| 2020 | -2.1% | -287.5% |
| 2021 | 5.6% | -359.6% |
| 2022 | 3.0% | -45.2% |
| 2023 | 0.7% | -77.6% |
| 2024 | 1.3% | +90.6% |
Switzerland compared with similar countries
- Switzerland's 1.3% is below the median for high income countries, which is 2.1%, 61% of the median. (80 countries reporting)
- Switzerland's 1.3% is below the median for Europe & Central Asia, which is 2.6%, 50% of the median. (55 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Switzerland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +8439.0% | -0.0% | 2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | -2.3% | 4.1% | 10 |
| 2010s | 1.9% | 1.1% | 3.2% | 10 |
| 2020s | 1.7% | -2.1% | 5.6% | 5 |
Countries ranked near Switzerland
- 173 Australia 1.4% compare
- 174 Australia and New Zealand 1.4% compare
- 176 New Zealand 1.3% compare
- 177 Czechia 1.2% compare
- 178 France 1.2% compare
More economy & growth data for Switzerland
- Real gdp growth, annual growth rate -8.42 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6894 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.2 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0124 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,418 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5961 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.009 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,035 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 3.31 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Switzerland?
- Annual gdp growth in Switzerland was 1.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Switzerland?
- The highest recorded value was 5.6% in 2021.
- What is the lowest annual gdp growth recorded in Switzerland?
- The lowest recorded value was -2.3% in 2009.
- How does Switzerland rank for annual gdp growth?
- Switzerland ranks 175th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Switzerland?
- Over the last ten years it is down 44.6%. The long-run trend across the full record is volatile.
- Where does this Switzerland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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