Switzerland GDP 2023
The live counter shows estimated figures for Switzerland GDP during the current year (from January 1, 2023 up to
July 27, 2024based on the latest IMF.
The statistic shows Switzerland gross domestic product (GDP) from 1960 to 2023, with projections up until 2027. In 2023, Switzerland’s GDP amounted to about 834 billion U.S. dollars, almost 27 billion U.S. dollars Higher than in 2022, based on the latest IMF estimates.
Switzerland GDP Growth rate for 2023 was 0.8%, a1.4% decline from 2022.
Switzerland GDP Rank 22nd (Nominal) and 35th (PPP).
Switzerland GDP 1960-2027
IMF projections for 2020 through 2027
The following list contains the various countries’ projected GDP (nominal) from 2020 to 2027. (GDP in million U.S Dollar)
GDP in Switzerland 1960 - 2027
The statistic shows the gross domestic product (GDP) in Switzerland from 1960 to 2023, with projections up until 2027. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2023, GDP in Switzerland amounted to around 834.60 billion U.S. dollars.
GDP per capita in Switzerland 2027
The GDP per capita of Switzerland was forecast to continuously increase between 2022 and 2027 by in total 18,218.2 U.S. dollars (+19.71 percent). The GDP per capita is estimated to amount to 110,652.65 U.S. dollars in 2027.
This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country’s productivity. It refers to the total value of goods and service produced during a given time period.
Switzerland’s economy
Switzerland holds one of the steadiest and secure economies in the world, enticing international investors as well as the world’s richest to deposit their money within the country. Switzerland’s relatively low population is highly educated and specialized in the workforce, something that essentially leads to a prosperous economy. In addition to its workforce earning some of the highest salaries in the world, Switzerland maintained one of the lowest unemployment rates in the Europe, despite being affected by the 2008 financial crisis. With higher wages and specialized jobs, economic growth as well as production within the country continued to grow, a fact most evident through values of GDP. As a result, Switzerland’s gross domestic product per capita was ranked among one of the highest in the world. However, economic growth did not occur too rapidly, and wages were set at a reasonable controllable amount, which allowed Switzerland to maintain a low inflation rate.
Switzerland GDP - Historical Data - 2024 Forecast
| Year | GDP (billion US$) | GDP Per Capita ($) | GDP Growth (%) |
|---|---|---|---|
| 2027 | $1,003.35B | $110,652 | 1.2% |
| 2026 | $963.36B | $107,040 | 1.8% |
| 2025 | $914.53B | $102,376 | 1.2% |
| 2024 | $878.42B | $99,071 | 1.8% |
| 2023 | $834.60B | $94,834 | 0.8% |
| 2022 | $807.42B | $92,434 | 2.2% |
| 2021 | $799.80B | $92,248 | 4.23% |
| 2020 | $739.00B | $85,870 | -2.51% |
| 2019 | $721.37B | $84,122 | 1.14% |
| 2018 | $725.57B | $85,217 | 2.86% |
| 2017 | $695.20B | $82,254 | 1.36% |
| 2016 | $687.90B | $82,153 | 2.07% |
| 2015 | $694.12B | $83,806 | 1.64% |
| 2014 | $726.54B | $88,725 | 2.35% |
| 2013 | $706.23B | $87,304 | 1.79% |
| 2012 | $686.42B | $85,836 | 1.18% |
| 2011 | $715.89B | $90,477 | 1.81% |
| 2010 | $598.85B | $76,531 | 3.24% |
| 2009 | $554.21B | $71,568 | -2.30% |
| 2008 | $567.27B | $74,175 | 2.81% |
| 2007 | $490.74B | $64,989 | 3.92% |
| 2006 | $441.63B | $59,011 | 4.07% |
| 2005 | $418.28B | $56,243 | 2.75% |
| 2004 | $403.91B | $54,659 | 2.70% |
| 2003 | $362.08B | $49,336 | -0.03% |
| 2002 | $309.30B | $42,459 | -0.07% |
| 2001 | $286.58B | $39,639 | 1.58% |
| 2000 | $279.22B | $38,865 | 3.96% |
| 1999 | $297.87B | $41,696 | 1.66% |
| 1998 | $303.46B | $42,681 | 3.03% |
| 1997 | $294.79B | $41,584 | 2.26% |
| 1996 | $340.10B | $48,093 | 0.47% |
| 1995 | $352.84B | $50,114 | 0.48% |
| 1994 | $301.38B | $43,092 | 1.27% |
| 1993 | $272.24B | $39,237 | -0.13% |
| 1992 | $279.92B | $40,714 | -0.04% |
| 1991 | $268.90B | $39,544 | -0.92% |
| 1990 | $265.76B | $39,575 | 3.47% |
| 1989 | $208.28B | $31,335 | 4.33% |
| 1988 | $215.72B | $32,718 | 3.28% |
| 1987 | $199.40B | $30,466 | 1.59% |
| 1986 | $159.22B | $24,480 | 1.86% |
| 1985 | $111.07B | $17,167 | 3.67% |
| 1984 | $109.55B | $17,006 | 3.01% |
| 1983 | $114.73B | $17,874 | 0.64% |
| 1982 | $115.14B | $18,015 | -1.31% |
| 1981 | $112.34B | $17,680 | 1.60% |
| 1980 | $122.66B | $19,410 | % |
| 1969 | $20.52B | $3,345 | % |
| 1968 | $18.94B | $3,122 | % |
| 1967 | $17.74B | $2,961 | % |
| 1966 | $16.48B | $2,785 | % |
| 1965 | $15.35B | $2,620 | % |
| 1964 | $14.48B | $2,501 | % |
| 1963 | $13.06B | $2,294 | % |
| 1962 | $11.88B | $2,131 | % |
| 1961 | $10.71B | $1,971 | % |
| 1960 | $9.52B | $1,787 | % |
Sources
- World Bank – World Bank national accounts data, and OECD National Accounts data.
- International Monetary Fund:
- United Nations: National Accounts Main Aggregates Database
%20–%20GDP%20Growth%20Rate%20–%202027%20Forecast){kind=link}
0 Comments