Graph and download economic data for Gross Domestic Product (Euro/ECU Series) for Switzerland (CPMEURSCAB1GQCH) from Q1 1995 to Q2 2025 about Switzerland and GDP.

The statistic shows the growth of the real gross domestic product (GDP) in Switzerland from 2020 to 2024, with projections up until 2030. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a change in it is a sign of economic growth. In 2024, the GDP in Switzerland grew by about 1.27 percent compared to the previous year. Switzerland's economy Switzerland holds one of the steadiest and secure economies in the world, enticing international investors as well as the world’s richest to deposit their money within the country. Switzerland’s relatively low population is highly educated and specialized in the workforce, something that essentially leads to a prosperous economy. In addition to its workforce earning some of the highest salaries in the world, Switzerland maintained one of the lowest unemployment rates in the Europe, despite being affected by the 2008 financial crisis. With higher wages and specialized jobs, economic growth as well as production within the country continued to grow, a fact most evident through values of GDP. As a result, Switzerland’s gross domestic product per capita was ranked among one of the highest in the world. However, economic growth did not occur too rapidly and wages were set at a reasonable controllable amount, which allowed Switzerland to maintain a low inflation rate.

With a Gross Domestic Product of over 4.3 trillion Euros, the German economy was by far the largest in Europe in 2024. The similarly sized economies of the United Kingdom and France were the second and third largest economies in Europe during this year, followed by Italy and Spain. The smallest economy in this statistic is that of the small Balkan nation of Montenegro, which had a GDP of 7.4 billion Euros. In this year, the combined GDP of the 27 member states that compose the European Union amounted to approximately 17.95 trillion Euros. The big five Germany’s economy has consistently had the largest economy in Europe since 1980, even before the reunification of West and East Germany. The United Kingdom, by contrast, has had mixed fortunes during the same period and had a smaller economy than Italy in the late 1980s. The UK also suffered more than the other major economies during the recession of the late 2000s, meaning the French economy was the second largest on the continent for some time afterward. The Spanish economy was continually the fifth-largest in Europe in this 38-year period, and from 2004 onwards, has been worth more than one trillion Euros. The smallest GDP, the highest economic growth in Europe Despite having the smallerst GDP of Europe, Montenegro emerged as the fastest growing economy in the continent, achieving an impressive annual growth rate of 4.5 percent, surpassing Turkey's growth rate of 4 percent. Overall,this Balkan nation has shown a remarkable economic recovery since the 2010 financial crisis, with its GDP projected to grow by 28.71 percent between 2024 and 2029. Contributing to this positive trend are successful tourism seasons in recent years, along with increased private consumption and rising imports. Europe's economic stagnation Malta, Albania, Iceland, and Croatia were among the countries reporting some of the highest growth rates this year. However, Europe's overall performance reflected a general slowdown in growth compared to the trend seen in 2021, during the post-pandemic recovery. Estonia experienced the sharpest negative growth in 2023, with its economy shrinking by 2.3% compared to 2022, primarily due to the negative impact of sanctions placed on its large neighbor, Russia. Other nations, including Sweden, Germany, and Finland, also recorded slight negative growth.

The DACH region in Europe comprises the countries of Germany (D), Austria (A), and Switzerland (CH). In 2024, the gross domestic product (GDP) of all DACH countries amounted to approximately **** trillion U.S. dollars. Just under ** percent of this was from Germany, while ** percent came from Switzerland, and * percent from Austria. In comparison to population distribution across the region, Switzerland's GDP per capita was much higher than the other two countries. Germany’s economy Germany’s economy is the largest in Europe, with the majority of the country’s GDP coming from its service sector. The country’s service sector encompasses tourism, financial services, real estate, and other industries. This reflects Germany’s standing as a central financial and political pillar of the European Union, and its position as a popular tourist destination. Grouping the DACH countries The DACH countries are closely associated both geographically and culturally, primarily through shared use of the German language. The region hosts over 100 million inhabitants, with a life expectancy at birth of around 82 years, ten years more than global life expectancy. The DACH countries enjoy a high standard of living, which is reflected in a large GDP per capita in each country.

Ahead of the tournament, the 2025 UEFA European Women's Championship was forecast to make a significant contribution to the Swiss economy. The projected GVA of EURO 2025 ranged from approximately *** million euros to approximately *** million euros.

The ratio of national debt to gross domestic product (GDP) of Switzerland was approximately 37.58 percent in 2024. Between 1990 and 2024, the ratio rose by around 4.25 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 5.20 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

In 2022, Switzerland was one of the European countries with the most indebted households. The value of credit to Swiss households amounted to *** percent of the country's GDP. The rest of the European countries included here had a share of less than ** percent. Meanwhile, lending to households in Turkey and Hungary made up less than ** percent of their GDP.

Singapore IDI Flows: FI: Europe: Switzerland data was reported at 678.800 SGD mn in 2024. This records an increase from the previous number of -4,718.600 SGD mn for 2023. Singapore IDI Flows: FI: Europe: Switzerland data is updated yearly, averaging 174.000 SGD mn from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 2,812.300 SGD mn in 2021 and a record low of -6,248.800 SGD mn in 2020. Singapore IDI Flows: FI: Europe: Switzerland data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.O007: Inward Direct Investment Flows: By Source Economy and Broad Industry.

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

In 2022, Switzerland is expected to have the highest gross expenditure on research and development (GERD) as a share of GDP among European countries, at **** percent. Sweden and the Austria also had high GERD as a share of GDP, at **** percent, and *** percent respectively.

Singapore Inward DI Flows: Europe: Switzerland data was reported at -2,462.500 SGD mn in 2024. This records an increase from the previous number of -3,935.100 SGD mn for 2023. Singapore Inward DI Flows: Europe: Switzerland data is updated yearly, averaging 2,443.000 SGD mn from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 15,285.300 SGD mn in 2021 and a record low of -6,220.300 SGD mn in 2016. Singapore Inward DI Flows: Europe: Switzerland data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.O006: Inward Direct Investment Flows: By Source Economy.

Singapore IDI Flows: Manufacturing: Europe: Switzerland data was reported at 2,636.300 SGD mn in 2024. This records an increase from the previous number of -806.800 SGD mn for 2023. Singapore IDI Flows: Manufacturing: Europe: Switzerland data is updated yearly, averaging 1,386.550 SGD mn from Dec 2015 (Median) to 2024, with 10 observations. The data reached an all-time high of 4,204.100 SGD mn in 2022 and a record low of -4,216.300 SGD mn in 2020. Singapore IDI Flows: Manufacturing: Europe: Switzerland data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.O007: Inward Direct Investment Flows: By Source Economy and Broad Industry.

Relative to exchange rates in January 1999 when the euro was introduced, the Norwegian krone (NOK) trades at rates not seen for a generation. The currencies of Norway’s main trading partners have lost between 10 and 30 percent of their relative value to NOK since then.

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Foreign Exchange Market Size 2025-2029

The foreign exchange market size is valued to increase by USD 582 billion, at a CAGR of 10.6% from 2024 to 2029. Growing urbanization and digitalization will drive the foreign exchange market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 47% growth during the forecast period.
By Type - Reporting dealers segment was valued at USD 278.60 billion in 2023
By Trade Finance Instruments - Currency swaps segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 118.14 billion
Market Future Opportunities: USD 582.00 billion
CAGR from 2024 to 2029 : 10.6%

Market Summary

The market, a dynamic and intricate web of financial transactions, plays a pivotal role in facilitating global trade and economic interactions. Its primary function is to enable the conversion of one currency into another, thereby mitigating the risk of currency fluctuations for businesses and investors. Key drivers of this market include growing urbanization and digitalization, which have expanded trading opportunities to a 24x7 global economy. However, the uncertainty of future exchange rates poses a significant challenge, necessitating effective risk management strategies. The market's evolution reflects the increasing interconnectedness of the global economy. Transactions occur in a decentralized, over-the-counter system, with major trading centers in London, New York, and Tokyo.
Participants include commercial banks, investment banks, hedge funds, and individual investors, all seeking to capitalize on price differences between currencies. Trends shaping the market include the increasing use of automation and artificial intelligence to analyze market data and execute trades. Regulatory changes, such as the introduction of stricter capital requirements, also impact the market's functioning. Looking ahead, the market is expected to remain a vital component of the global financial landscape, with continued growth driven by increased trade and economic interdependence. However, challenges, such as regulatory changes and geopolitical risks, will necessitate adaptability and innovation from market participants.

What will be the Size of the Foreign Exchange Market during the forecast period?

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How is the Foreign Exchange Market Segmented ?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

The market, a dynamic and ever-evolving financial landscape, is characterized by constant activity and intricate patterns. Participants engage in various trading strategies, employing advanced tools such as stop-loss and take-profit orders on forex trading platforms. Real-time data feeds and order book dynamics facilitate trade execution speed, while market microstructure and slippage minimization techniques ensure efficient transactions. Currency correlation analysis and transaction cost analysis are integral to informed decision-making, with backtesting methodologies providing valuable insights. Currency forwards contracts, position sizing techniques, and forex derivatives pricing are essential components of risk management systems. Carry trade strategies, hedging strategies, and interest rate parity are popular tactics employed by market participants.

Algorithmic trading strategies, driven by options pricing models and trading algorithms' efficiency, significantly influence price discovery mechanisms. High-frequency trading and volatility modeling contribute to the market's liquidity risk management, while foreign exchange swaps and currency option valuation help manage risk. The market's complexities necessitate sophisticated risk management systems and intricate order routing optimization. Global payments systems facilitate the smooth transfer of funds, and liquidity risk management remains a critical concern for market participants. According to recent studies, The market is estimated to account for approximately USD6 trillion in daily trading volume, und

Singapore IDI Flows: RE: Europe: Switzerland data was reported at -16.100 SGD mn in 2022. This records a decrease from the previous number of 15.100 SGD mn for 2021. Singapore IDI Flows: RE: Europe: Switzerland data is updated yearly, averaging 8.700 SGD mn from Dec 2016 (Median) to 2022, with 6 observations. The data reached an all-time high of 46.800 SGD mn in 2016 and a record low of -16.100 SGD mn in 2022. Singapore IDI Flows: RE: Europe: Switzerland data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.O007: Inward Direct Investment Flows: By Source Economy and Broad Industry.

Singapore IDI Flows: AFS: Europe: Switzerland data was reported at -1.300 SGD mn in 2024. This records a decrease from the previous number of 4.100 SGD mn for 2023. Singapore IDI Flows: AFS: Europe: Switzerland data is updated yearly, averaging -2.100 SGD mn from Dec 2016 (Median) to 2024, with 9 observations. The data reached an all-time high of 5.700 SGD mn in 2018 and a record low of -6.900 SGD mn in 2020. Singapore IDI Flows: AFS: Europe: Switzerland data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.O007: Inward Direct Investment Flows: By Source Economy and Broad Industry.

Singapore IDI Flows: Construction: Europe: Switzerland data was reported at -0.200 SGD mn in 2024. This records a decrease from the previous number of 9.300 SGD mn for 2023. Singapore IDI Flows: Construction: Europe: Switzerland data is updated yearly, averaging -0.200 SGD mn from Dec 2016 (Median) to 2024, with 9 observations. The data reached an all-time high of 17.400 SGD mn in 2021 and a record low of -9.900 SGD mn in 2022. Singapore IDI Flows: Construction: Europe: Switzerland data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.O007: Inward Direct Investment Flows: By Source Economy and Broad Industry.

In 2020, the production value of the total business economy, repair of computers, personal and household goods, except financial and insurance activities in Switzerland decreased by 15 billion euros (-1.53 percent) since 2019. Nevertheless, the last two years in this industry recorded a significant higher production value than the preceding years.The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.Find more statistics on the total business economy, repair of computers, personal and household goods, except financial and insurance activities in Switzerland with key insights such as number of enterprises and personnel costs.

This statistic shows the life expectancy at birth in the DACH countries in Europe from 2000 to 2023. The DACH region includes Germany, Austria, and Switzerland. In 2023, the average life expectancy at birth in Austria was 81.54 years.

IDI Flows：RE：欧洲：瑞士在12-01-2022达-16.100百万新加坡元，相较于12-01-2021的15.100百万新加坡元有所下降。IDI Flows：RE：欧洲：瑞士数据按年更新，12-01-2016至12-01-2022期间平均值为8.700百万新加坡元，共6份观测结果。该数据的历史最高值出现于12-01-2016，达46.800百万新加坡元，而历史最低值则出现于12-01-2022，为-16.100百万新加坡元。CEIC提供的IDI Flows：RE：欧洲：瑞士数据处于定期更新的状态，数据来源于Singapore Department of Statistics，数据归类于全球数据库的新加坡 – Table SG.O007: Inward Direct Investment Flows: By Source Economy and Broad Industry。