Annual gdp growth in Switzerland
Switzerland: Annual gdp growth was 0.72 in 2023. β Volatile
Latest (2023)
0.72
Change on year
down 72.0%
World rank
167th
of 211 countries
All-time high
5.39
in 2021
All-time low
-2.3
in 2009
Years of data
24
2000β2023
Annual gdp growth in Switzerland, 2000β2023
Source: Our World in Data.
Analysis
Switzerland recorded 0.72 for annual gdp growth in 2023.
Compared with earlier readings it is down 72.0% on the previous year and down 59.8% over ten years.
Over the whole period, annual gdp growth in Switzerland peaked at 5.39 in 2021 and was at its lowest, -2.3, in 2009.
Switzerland ranks 167th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.94 | -2.3 | 4.07 | 10 |
| 2010s | 1.94 | 1.14 | 3.24 | 10 |
| 2020s | 1.63 | -2.14 | 5.39 | 4 |
Countries ranked near Switzerland
- 164 Yemen, Republic of 0.75 compare
- 165 New Zealand 0.73 compare
- 165 Syrian Arab Republic 0.73 compare
- 168 Italy 0.7 compare
- 168 South Africa 0.7 compare
- 170 Colombia 0.61 compare
More economy & growth data for Switzerland
- 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.9204 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.09 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 0.7933 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1.26 (2025)
- Gdp worldbank constant usd, annual growth rate 1.3 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.8132 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 93,328 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Switzerland?
- Annual gdp growth in Switzerland was 0.72 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Switzerland?
- The highest recorded value was 5.39 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 167th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Switzerland?
- Over the last ten years it is down 59.8%. The long-run trend across the full record is volatile.
- Where does this Switzerland data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY 4.0 (Our World in Data).