Macro - Country Economic Forecasts - Switzerland

We've maintained our sporting event adjusted GDP growth estimates for Switzerland at 1.4% for 2025 and 1.5% for 2026. Current indicators suggest an ongoing bifurcated development characterised by solid private consumption and ongoing weak demand for traditional industry goods.


Switzerland: Still no sign of a manufacturing turnaround
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

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