Switzerland's GDP changed from approximately $122B 466M in 1980 to $938B 458M in 2024, showing an overall 666.3% sharply increased during the period.
The lowest GDP was recorded in 1984 at $109B 400M, and the highest in 2024 at $938B 458M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 4.7%.
For comparison, the average annual growth rate of Austria was 4.4%, and that of Germany was 3.9%.
Switzerland GDP from 1980 to 2024
The total market value of goods and services produced annually in Switzerland.
Overview of Switzerland's GDP (1980–2024)
The Gross Domestic Product (GDP) of Switzerland recorded a 666.3% sharply increased from 1980 to 2024.
The average GDP during this period was $437B 965M, and the median was $352B 992M.
GDP fluctuated within a range of $829B 58M, with a standard deviation of $246B 848M.
The average annual change was $18B 244M.
Highest and Lowest GDP Records
- Lowest GDP: 1984, $109B 400M
- Highest GDP: 2024, $938B 458M
- Most Recent GDP: 2024, $938B 458M
Notable Annual GDP Changes
- 2011: Significant increase in GDP
- 1997: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Switzerland's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $721B 833M → $741B 28M
- Outcome: increased
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $490B 840M → $553B 735M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $279B 240M → $286B 693M
- Outcome: increased
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $294B 749M → $303B 173M
- Outcome: increased
Key Economic Indicators of Switzerland (1980–2024)
| year | GDP Growth | Nominal GDP | PPP GDP | GDP per Capita | PPP per Capita | Savings | Population | Current Account | Fiscal Balance |
|---|---|---|---|---|---|---|---|---|---|
1980 | 5.11 % | $ 122B 466M | $ 114B 65M | $ 19,426.64 | $ 18,094.09 | 33.66 % | 6M 304K people | -0.521 % | 0 % |
1981 | 1.631 % | $ 112B 129M | $ 126B 894M | $ 17,699.84 | $ 20,030.60 | 33.84 % | 6M 335K people | 2.364 % | 0 % |
1982 | -1.34 % | $ 114B 891M | $ 132B 929M | $ 18,027.72 | $ 20,858.19 | 34.39 % | 6M 373K people | 3.35 % | 0 % |
1983 | 0.605 % | $ 114B 517M | $ 138B 970M | $ 17,865.40 | $ 21,680.16 | 32.21 % | 6M 410K people | 0.718 % | 0.899 % |
1984 | 3.067 % | $ 109B 400M | $ 148B 402M | $ 17,019.37 | $ 23,086.84 | 34.62 % | 6M 428K people | 5.602 % | 1.131 % |
1985 | 3.713 % | $ 110B 965M | $ 158B 779M | $ 17,187.86 | $ 24,594.04 | 35.30 % | 6M 456K people | 5.471 % | 1.341 % |
1986 | 1.836 % | $ 159B 74M | $ 164B 950M | $ 24,529.57 | $ 25,435.66 | 34.92 % | 6M 485K people | 2.985 % | 2.372 % |
1987 | 1.542 % | $ 199B 86M | $ 171B 645M | $ 30,520.62 | $ 26,313.79 | 34.86 % | 6M 523K people | 3.341 % | 2.321 % |
1988 | 3.283 % | $ 215B 360M | $ 183B 532M | $ 32,794.29 | $ 27,947.57 | 36.79 % | 6M 567K people | 4.231 % | 2.082 % |
1989 | 4.431 % | $ 208B 135M | $ 199B 180M | $ 31,440.37 | $ 30,087.61 | 37.29 % | 6M 620K people | 3.963 % | 1.906 % |
1990 | 3.713 % | $ 265B 911M | $ 214B 306M | $ 39,842.78 | $ 32,110.51 | 37.93 % | 6M 674K people | 2.956 % | 0.377 % |
1991 | -0.929 % | $ 269B 3M | $ 219B 496M | $ 39,811 | $ 32,484.23 | 35.88 % | 6M 757K people | 4.181 % | -1.371 % |
1992 | -0.145 % | $ 279B 764M | $ 224B 173M | $ 40,883.18 | $ 32,759.43 | 33.59 % | 6M 843K people | 4.691 % | -2.312 % |
1993 | -0.144 % | $ 272B 5M | $ 229B 154M | $ 39,375.51 | $ 33,172.32 | 33.95 % | 6M 908K people | 6.417 % | -2.484 % |
1994 | 1.301 % | $ 301B 246M | $ 237B 93M | $ 43,226.54 | $ 34,021.14 | 33.91 % | 6M 969K people | 5.595 % | -1.82 % |
1995 | 0.563 % | $ 352B 992M | $ 243B 426M | $ 50,290.89 | $ 34,681.01 | 32.92 % | 7M 19K people | 4.859 % | -1.071 % |
1996 | 0.449 % | $ 340B 150M | $ 248B 996M | $ 48,166.17 | $ 35,258.62 | 32.91 % | 7M 62K people | 5.331 % | -1.245 % |
1997 | 2.242 % | $ 294B 749M | $ 258B 968M | $ 41,625.29 | $ 36,572.27 | 34.52 % | 7M 81K people | 8.429 % | -1.489 % |
1998 | 2.936 % | $ 303B 173M | $ 269B 567M | $ 42,724.49 | $ 37,988.68 | 34.88 % | 7M 96K people | 7.593 % | -0.373 % |
1999 | 1.633 % | $ 297B 515M | $ 277B 846M | $ 41,762.29 | $ 39,001.42 | 35.59 % | 7M 124K people | 8.527 % | -0.477 % |