Switzerland’s gross domestic product grew 1.6% in 2025 at previous-year prices, the Federal Statistical Office (BFS) said on Tuesday, exceeding the State Secretariat for Economic Affairs’ (Seco) prior estimate of 1.4%. The revision reflects stronger-than-anticipated domestic demand and investment.
The BFS also upwardly revised Switzerland’s 2024 GDP growth to 1.5% from 1.4% and 2023 growth to 1.0% from 0.8%, based on revised calculations. The adjustments underscore a sustained expansion trajectory for the Swiss economy over the three-year period.
Domestic demand, which rose 2.5% in 2025, was identified as the primary driver of growth, according to the BFS. Business investment contributed significantly, expanding 3.5%, while private household consumption, though still a key growth engine, slowed to a 1.7% increase.
The trade surplus, however, contracted during the year, reflecting weaker external demand dynamics despite the overall positive domestic performance.
The revisions follow the BFS’s annual benchmarking exercise, which incorporates updated source data and methodological refinements. The latest figures provide a clearer picture of Switzerland’s economic resilience amid shifting global trade conditions.
