Switzerland - Nominal Gross Domestic Product





Switzerland: Nominal Gross Domestic Product

Mnemonic GDP.ICHE
Unit Mil. CHF, CDASA
Adjustments Calendar Adjusted and Seasonally Adjusted
Quarterly 0.42 %
Data 2021 Q1 178,002
2020 Q4 178,751

Series Information

Source State Secretariat for Economic Affairs (SECO) - Switzerland
Release Gross domestic product
Frequency Quarterly
Start Date 3/31/1980
End Date 3/31/2021

Switzerland: GDP

Reference Last Previous Units Frequency
Government Consumption 2021 Q1 21,847 21,539 Mil. CHF, CDASA Quarterly
Investment 2021 Q1 46,412 44,680 Mil. CHF, CDASA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2021 Q1 46,568 46,563 Mil. CHF, CDASA Quarterly
Nominal Gross Domestic Product 2021 Q1 178,002 178,751 Mil. CHF, CDASA Quarterly
Private Consumption 2021 Q1 88,189 91,197 Mil. CHF, CDASA Quarterly
Real Fixed Investment (gross fixed capital formation) 2021 Q1 46,295 46,400 Mil. Ch. 2015 CHF, CDASA Quarterly
Real Government Consumption 2021 Q1 21,271 21,025 Mil. Ch. 2015 CHF, CDASA Quarterly
Real Gross Domestic Product 2021 Q1 179,689 180,619 Mil. Ch. 2015 CHF, CDASA Quarterly
Real Investment 2021 Q1 44,402 42,059 Mil. Ch. 2015 CHF, CDASA Quarterly
Real Private Consumption 2021 Q1 87,420 90,425 Mil. Ch. 2015 CHF, CDASA Quarterly

Release Information

For Switzerland, the expenditure and production approaches to gross domestic product (a.k.a. "use of GDP") from the quarterly national accounts. From 1980.

Active:

  • Framework: ESA 2010
  • Industry classification: NOGA 2008, modeled after NACE Rev. 2
  • Measurements:
    • Millions of Swiss francs at chained year-2015 prices (Mil. Ch. 2015 CHF)
    • At current prices
  • Adjustments:
    • Calendar day adjusted and seasonally adjusted (CDASA) 
    • Seasonally adjusted (SA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Quarterly
  • Start dates:
    • 1980Q1 for GDP(E)
    • 1990Q1 for GDP(O)

Predecessors:

  • ESA 2010 at 2010 prices - 1980 to 2020
  • ESA 1995 at 2005 prices - 1980 to 2014
  • ESA 1995 at 1990 prices - 1980 to 2003

The source produces national accounts data in current prices (CHF) and in real terms, as well as seasonally adjusted and not seasonally adjusted. Real data in millions of chained 2015 CHF are published with implicit deflators. The source publishes GDP for multiple expenditure categories. 

The Swiss QNA are compiled by a so-called indirect estimation approach, based on temporal disaggregation techniques. Quarterly estimates are derived from the available annual data, using statistical methods and quarterly indicators. The accuracy of the preliminary annual estimates, obtained as the sum of the quarterly estimated values, depends to a large extent on the quality of the available and retained quarterly indicators. For seasonal and trading days adjustment, Swiss QNA currently relies on the X13-Arima-Seats method.

Switzerland aggregates GDP(E) to "domestic demand" and "total demand".

Further reading

At IMF (SDDS):