Good news for the Swiss economy! After a somewhat challenging period, the latest figures from the State Secretariat for Economic Affairs (Seco) confirm a modest but encouraging rebound in the fourth quarter of 2025. Gross Domestic Product (GDP) saw an increase of 0.2% compared to the previous three months, matching initial estimates and providing a welcome boost as we move into the new year.
While the overall picture is positive, developments across various sectors were, as expected, a bit mixed. What really underpinned this renewed activity was strong domestic demand, indicating a healthy internal market that’s helping to drive growth.
Economists tracking the Swiss market had anticipated this recovery, with most forecasts from agencies like AWP predicting GDP growth to fall between 0.1% and 0.4% for the final quarter. This rebound follows a tougher third quarter in 2025, where the economy experienced a contraction of -0.4% (adjusted for sporting events), slightly better than Seco’s initial -0.5% estimate. That dip was largely attributed to a significant decline in the chemicals and pharmaceuticals industries, impacted by new customs duties. Prior to that, the second quarter had seen a more robust growth of 0.2%.
This latest uptick suggests a resilient Swiss economy finding its footing again. While we only have a partial view of the year’s overall performance from the provided information, this Q4 growth offers a hopeful sign for the economic outlook in 2026 and beyond.
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