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In the 1st quarter 2014 Switzerland’s real gross domestic product (GDP) increased by 0.5% compared to the previous quarter . On the expenditure side, positive contributions to GDP growth came in particular from the balance of trade in goods and services as well as investments in construction. On the production side (development of value added by sector) the main contributions to GDP growth came from industry, the wholesale sector and financial services, leading to a rise in GDP of 2.0% compared with the 1st quarter 2013.
Next press release: Tuesday, September 2, 2014, 07:45
Each quarter, the SECO estimates the GDP and its components. The main purpose of these estimations is to provide data that allow for an assessment of the cyclical development of the main macroeconomic aggregats in a timely adequate and credible manner.
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