Gross Domestic Product — Value Standard Local Currency, annual growth in Switzerland
Switzerland: Gross Domestic Product — Value Standard Local Currency, annual growth was 2.61 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Switzerland, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value standard local currency, annual growth in Switzerland is 2.61 % change on previous year, measured in 2024.
The figure is up 64.4% on the previous year and up 55.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Switzerland peaked at 13.6 % change on previous year in 1971 and was at its lowest, -2.83 % change on previous year, in 2020.
Switzerland ranks 201st of 218 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, annual growth in Switzerland, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.6 % change on previous year | — |
| 1972 | 13.32 % change on previous year | -2.1% |
| 1973 | 11.44 % change on previous year | -14.1% |
| 1974 | 8.49 % change on previous year | -25.8% |
| 1975 | -0.6695 % change on previous year | -107.9% |
| 1976 | 1.29 % change on previous year | -292.3% |
| 1977 | 2.7 % change on previous year | +109.5% |
| 1978 | 4.04 % change on previous year | +49.6% |
| 1979 | 4.53 % change on previous year | +12.2% |
| 1980 | 7.43 % change on previous year | +64.1% |
| 1981 | 7.35 % change on previous year | -1.1% |
| 1982 | 5.94 % change on previous year | -19.2% |
| 1983 | 3.02 % change on previous year | -49.2% |
| 1984 | 6.88 % change on previous year | +127.8% |
| 1985 | 6.03 % change on previous year | -12.4% |
| 1986 | 4.95 % change on previous year | -17.9% |
| 1987 | 3.81 % change on previous year | -23.0% |
| 1988 | 6.16 % change on previous year | +61.5% |
| 1989 | 7.94 % change on previous year | +28.9% |
| 1990 | 8.45 % change on previous year | +6.4% |
| 1991 | 4.44 % change on previous year | -47.4% |
| 1992 | 2.08 % change on previous year | -53.2% |
| 1993 | 2.19 % change on previous year | +5.4% |
| 1994 | 2.47 % change on previous year | +12.6% |
| 1995 | 1.22 % change on previous year | -50.5% |
| 1996 | 0.7526 % change on previous year | -38.4% |
| 1997 | 1.77 % change on previous year | +135.7% |
| 1998 | 2.84 % change on previous year | +59.8% |
| 1999 | 1.71 % change on previous year | -39.8% |
| 2000 | 5.38 % change on previous year | +215.1% |
| 2001 | 2.57 % change on previous year | -52.3% |
| 2002 | -0.3226 % change on previous year | -112.6% |
| 2003 | 1.15 % change on previous year | -455.6% |
| 2004 | 3.01 % change on previous year | +162.1% |
| 2005 | 3.7 % change on previous year | +23.1% |
| 2006 | 6.31 % change on previous year | +70.6% |
| 2007 | 6.39 % change on previous year | +1.2% |
| 2008 | 4.3 % change on previous year | -32.7% |
| 2009 | -1.85 % change on previous year | -143.0% |
| 2010 | 3.57 % change on previous year | -292.7% |
| 2011 | 1.79 % change on previous year | -49.7% |
| 2012 | 1.24 % change on previous year | -30.6% |
| 2013 | 1.7 % change on previous year | +37.0% |
| 2014 | 1.68 % change on previous year | -1.3% |
| 2015 | 0.3588 % change on previous year | -78.7% |
| 2016 | 1.47 % change on previous year | +310.7% |
| 2017 | 0.9899 % change on previous year | -32.8% |
| 2018 | 3.65 % change on previous year | +268.4% |
| 2019 | 1.04 % change on previous year | -71.6% |
| 2020 | -2.83 % change on previous year | -372.5% |
| 2021 | 6.95 % change on previous year | -346.1% |
| 2022 | 6.18 % change on previous year | -11.2% |
| 2023 | 1.59 % change on previous year | -74.3% |
| 2024 | 2.61 % change on previous year | +64.4% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, annual 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 |
|---|---|---|---|
| 2003 | +455.6% | -0.3226 % change on previous year | 1.15 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.52 % change on previous year | -0.6695 % change on previous year | 13.6 % change on previous year | 9 |
| 1980s | 5.95 % change on previous year | 3.02 % change on previous year | 7.94 % change on previous year | 10 |
| 1990s | 2.79 % change on previous year | 0.7526 % change on previous year | 8.45 % change on previous year | 10 |
| 2000s | 3.06 % change on previous year | -1.85 % change on previous year | 6.39 % change on previous year | 10 |
| 2010s | 1.75 % change on previous year | 0.3588 % change on previous year | 3.65 % change on previous year | 10 |
| 2020s | 2.9 % change on previous year | -2.83 % change on previous year | 6.95 % change on previous year | 5 |
Countries ranked near Switzerland
- 198 Ethiopia PDR 2.75 % change on previous year compare
- 199 Seychelles 2.7 % change on previous year compare
- 200 Bosnia and Herzegovina 2.63 % change on previous year compare
- 202 Azerbaijan 2.61 % change on previous year compare
- 203 Congo 2.57 % change on previous year compare
- 204 Qatar 2.34 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 25.32 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0243 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2,784 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -12.29 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 88.67 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0118 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -1,351 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 18.29 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in Switzerland?
- Gross domestic product — value standard local currency, annual growth in Switzerland was 2.61 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Switzerland?
- The highest recorded value was 13.6 % change on previous year in 1971.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Switzerland?
- The lowest recorded value was -2.83 % change on previous year in 2020.
- How does Switzerland rank for gross domestic product — value standard local currency, annual growth?
- Switzerland ranks 201st out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Switzerland?
- Over the last ten years it is up 55.1%. The long-run trend across the full record is volatile.
- Where does this Switzerland data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.