Swiss economy
Swiss economy grew faster than first estimated in 2025
The Federal Statistical Office has revised Swiss economic growth higher, reporting 1.6% GDP growth in 2025, compared with the previous 1.4% estimate. Domestic demand and investment were major contributors, while earlier growth figures were also upgraded.
FSO Lifts 2025 Growth Forecast
Swiss GDP expanded by 1.6% in 2025, according to figures released by the Federal Statistical Office on Tuesday, August 25, 2026. The result gives the Swiss economy a stronger annual performance than previously recorded and revises the State Secretariat for Economic Affairs estimate of 1.4%.
The adjustment adds weight to the picture of an economy that continued to grow despite pressure on exporters, a strong franc and the tariff disputes that shaped international trade in 2025. The FSO measures the increase at constant prices, removing the effect of inflation and showing the change in real economic output.
The statistical revision also reaches back into the previous two years. GDP growth for 2024 was raised from 1.4% to 1.5%, while the 2023 figure increased from 0.8% to 1%. Those changes place the latest expansion within a broader pattern of steady, moderate growth rather than a single year of acceleration.
Households, companies and the construction industry supplied much of the momentum. Domestic demand increased 2.5%, with investment making the largest contribution among its components. The revised data offer policymakers and businesses a firmer basis for assessing Switzerland’s economic position as global trade conditions remain unsettled.