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%.
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.
Switzerland GDP from 1980 to 2024
The total market value of goods and services produced annually in Switzerland.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1980 | $ 122B 466M | $ 19,426.64 | $ 18,094.09 | $ 114B 65M | 5.11 % | -0.521 % | 33.66 % | 0 % | 6M 304K people |
1981 | $ 112B 129M | $ 17,699.84 | $ 20,030.60 | $ 126B 894M | 1.631 % | 2.364 % | 33.84 % | 0 % | 6M 335K people |
1982 | $ 114B 891M | $ 18,027.72 | $ 20,858.19 | $ 132B 929M | -1.34 % | 3.35 % | 34.39 % | 0 % | 6M 373K people |
1983 | $ 114B 517M | $ 17,865.40 | $ 21,680.16 | $ 138B 970M | 0.605 % | 0.718 % | 32.21 % | 0.899 % | 6M 410K people |
1984 | $ 109B 400M | $ 17,019.37 | $ 23,086.84 | $ 148B 402M | 3.067 % | 5.602 % | 34.62 % | 1.131 % | 6M 428K people |
1985 | $ 110B 965M | $ 17,187.86 | $ 24,594.04 | $ 158B 779M | 3.713 % | 5.471 % | 35.30 % | 1.341 % | 6M 456K people |
1986 | $ 159B 74M | $ 24,529.57 | $ 25,435.66 | $ 164B 950M | 1.836 % | 2.985 % | 34.92 % | 2.372 % | 6M 485K people |
1987 | $ 199B 86M | $ 30,520.62 | $ 26,313.79 | $ 171B 645M | 1.542 % | 3.341 % | 34.86 % | 2.321 % | 6M 523K people |
1988 | $ 215B 360M | $ 32,794.29 | $ 27,947.57 | $ 183B 532M | 3.283 % | 4.231 % | 36.79 % | 2.082 % | 6M 567K people |
1989 | $ 208B 135M | $ 31,440.37 | $ 30,087.61 | $ 199B 180M | 4.431 % | 3.963 % | 37.29 % | 1.906 % | 6M 620K people |
1990 | $ 265B 911M | $ 39,842.78 | $ 32,110.51 | $ 214B 306M | 3.713 % | 2.956 % | 37.93 % | 0.377 % | 6M 674K people |
1991 | $ 269B 3M | $ 39,811 | $ 32,484.23 | $ 219B 496M | -0.929 % | 4.181 % | 35.88 % | -1.371 % | 6M 757K people |
1992 | $ 279B 764M | $ 40,883.18 | $ 32,759.43 | $ 224B 173M | -0.145 % | 4.691 % | 33.59 % | -2.312 % | 6M 843K people |
1993 | $ 272B 5M | $ 39,375.51 | $ 33,172.32 | $ 229B 154M | -0.144 % | 6.417 % | 33.95 % | -2.484 % | 6M 908K people |
1994 | $ 301B 246M | $ 43,226.54 | $ 34,021.14 | $ 237B 93M | 1.301 % | 5.595 % | 33.91 % | -1.82 % | 6M 969K people |
1995 | $ 352B 992M | $ 50,290.89 | $ 34,681.01 | $ 243B 426M | 0.563 % | 4.859 % | 32.92 % | -1.071 % | 7M 19K people |
1996 | $ 340B 150M | $ 48,166.17 | $ 35,258.62 | $ 248B 996M | 0.449 % | 5.331 % | 32.91 % | -1.245 % | 7M 62K people |
1997 | $ 294B 749M | $ 41,625.29 | $ 36,572.27 | $ 258B 968M | 2.242 % | 8.429 % | 34.52 % | -1.489 % | 7M 81K people |
1998 | $ 303B 173M | $ 42,724.49 | $ 37,988.68 | $ 269B 567M | 2.936 % | 7.593 % | 34.88 % | -0.373 % | 7M 96K people |
1999 | $ 297B 515M | $ 41,762.29 | $ 39,001.42 | $ 277B 846M | 1.633 % | 8.527 % | 35.59 % | -0.477 % | 7M 124K people |
