Gross Domestic Product — Value Standard Local Currency in Switzerland
Switzerland: Gross Domestic Product — Value Standard Local Currency was 824,589 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency in Switzerland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Switzerland recorded 824,589 million SLC for gross domestic product — value standard local currency in 2024. That is the highest value across all 55 years on record.
That represents a change of up 2.6% on the previous year and up 23.9% over ten years.
Over the whole period, gross domestic product — value standard local currency in Switzerland peaked at 824,589 million SLC in 2024 and was at its lowest, 109,317 million SLC, in 1970.
Switzerland ranks 110th of 218 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency in Switzerland, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 109,317 million SLC | — |
| 1971 | 124,183 million SLC | +13.6% |
| 1972 | 140,720 million SLC | +13.3% |
| 1973 | 156,816 million SLC | +11.4% |
| 1974 | 170,127 million SLC | +8.5% |
| 1975 | 168,988 million SLC | -0.7% |
| 1976 | 171,164 million SLC | +1.3% |
| 1977 | 175,782 million SLC | +2.7% |
| 1978 | 182,877 million SLC | +4.0% |
| 1979 | 191,161 million SLC | +4.5% |
| 1980 | 205,370 million SLC | +7.4% |
| 1981 | 220,471 million SLC | +7.4% |
| 1982 | 233,573 million SLC | +5.9% |
| 1983 | 240,629 million SLC | +3.0% |
| 1984 | 257,187 million SLC | +6.9% |
| 1985 | 272,690 million SLC | +6.0% |
| 1986 | 286,187 million SLC | +4.9% |
| 1987 | 297,101 million SLC | +3.8% |
| 1988 | 315,401 million SLC | +6.2% |
| 1989 | 340,440 million SLC | +7.9% |
| 1990 | 369,199 million SLC | +8.4% |
| 1991 | 385,605 million SLC | +4.4% |
| 1992 | 393,626 million SLC | +2.1% |
| 1993 | 402,258 million SLC | +2.2% |
| 1994 | 412,191 million SLC | +2.5% |
| 1995 | 417,228 million SLC | +1.2% |
| 1996 | 420,368 million SLC | +0.8% |
| 1997 | 427,826 million SLC | +1.8% |
| 1998 | 439,955 million SLC | +2.8% |
| 1999 | 447,466 million SLC | +1.7% |
| 2000 | 471,540 million SLC | +5.4% |
| 2001 | 483,637 million SLC | +2.6% |
| 2002 | 482,077 million SLC | -0.3% |
| 2003 | 487,607 million SLC | +1.1% |
| 2004 | 502,266 million SLC | +3.0% |
| 2005 | 520,848 million SLC | +3.7% |
| 2006 | 553,722 million SLC | +6.3% |
| 2007 | 589,085 million SLC | +6.4% |
| 2008 | 614,408 million SLC | +4.3% |
| 2009 | 603,039 million SLC | -1.9% |
| 2010 | 624,545 million SLC | +3.6% |
| 2011 | 635,739 million SLC | +1.8% |
| 2012 | 643,646 million SLC | +1.2% |
| 2013 | 654,612 million SLC | +1.7% |
| 2014 | 665,618 million SLC | +1.7% |
| 2015 | 668,006 million SLC | +0.4% |
| 2016 | 677,848 million SLC | +1.5% |
| 2017 | 684,558 million SLC | +1.0% |
| 2018 | 709,522 million SLC | +3.6% |
| 2019 | 716,879 million SLC | +1.0% |
| 2020 | 696,620 million SLC | -2.8% |
| 2021 | 745,067 million SLC | +7.0% |
| 2022 | 791,087 million SLC | +6.2% |
| 2023 | 803,632 million SLC | +1.6% |
| 2024 | 824,589 million SLC | +2.6% |
Switzerland compared with similar countries
- Switzerland's 824,589 million SLC is above the median for high income countries, which is 257,567 million SLC, 3.2× the median. (72 countries reporting)
- Switzerland's 824,589 million SLC is above the median for Europe & Central Asia, which is 507,692 million SLC, 1.6× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 159,114 million SLC | 109,317 million SLC | 191,161 million SLC | 10 |
| 1980s | 266,905 million SLC | 205,370 million SLC | 340,440 million SLC | 10 |
| 1990s | 411,572 million SLC | 369,199 million SLC | 447,466 million SLC | 10 |
| 2000s | 530,823 million SLC | 471,540 million SLC | 614,408 million SLC | 10 |
| 2010s | 668,097 million SLC | 624,545 million SLC | 716,879 million SLC | 10 |
| 2020s | 772,199 million SLC | 696,620 million SLC | 824,589 million SLC | 5 |
Countries ranked near Switzerland
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 in Switzerland?
- Gross domestic product — value standard local currency in Switzerland was 824,589 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Switzerland?
- The highest recorded value was 824,589 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Switzerland?
- The lowest recorded value was 109,317 million SLC in 1970.
- How does Switzerland rank for gross domestic product — value standard local currency?
- Switzerland ranks 110th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Switzerland?
- Over the last ten years it is up 23.9%. The long-run trend across the full record is rising.
- Where does this Switzerland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).