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.
Gross domestic product in 1st quarter 2015
Switzerland's real gross domestic product (GDP) in the 1st quarter 2015 fell by 0.2%. The trade balance in goods and services in particular delivered negative growth contributions. Positive development of gross investments and household consumption prevented a larger decline in GDP. On the production side, many categories reported a significant slowdown in growth. A decline in value added was registered for the trading and accommodation sectors. The GDP deflator fell by 0.9% compared to the 1st quarter 2014, whilst real GDP increased by 1.1% on a year-a-year basis.
real GDP - percentage change to previous quarter and volume index: 2010:1-2015:1, volume index (2010=100), at prices of the preceding year, chained values, reference year 2010, seasonally and calendar adjusted data