GDP flash for the fourth quarter of 2025: Swiss economy grows slightly
Bern, 16.02.2026 — According to the early estimate of Switzerland's quarterly real GDP approximately 45 days after the quarter end ('GDP flash'), Swiss economic output is estimated to have grown by 0.2% in the fourth quarter of 2025.[1] Growth in the services sector was muted, while the industrial sector stagnated. According to provisional results, the Swiss economy grew by 1.4% in 2025 overall, following 1.2% the previous year.1 This is well below Switzerland’s average economic growth (1.8% since 1981). The challenging international environment slowed the export‑oriented industry. By contrast, the services sector grew at an above‑average rate by historical standards. Note: For the initial results for 2025 overall, please see the attached article ‘Switzerland's GDP 2025: +1.4%, GDP per capita: +0.5%; GDP per capita has risen by 4.8% since 2019’ from the spring 2026 edition of Konjunkturtendenzen (currently only available in German). The flash estimate is based on early information available on the production components of GDP. Estimates are used where values are not yet available. The result may therefore change after the complete and updated source data become available. The regular release of quarterly GDP figures, including details on production, expenditure and income as well as updated calculations for the previous quarters, will be published on 27 February 2026.
[1] Adjusted for seasonal/calendar effects and sporting events