Press release

Switzerland / 4th quarter of 2021 Gross domestic product in the 4th quarter of 2021

Ongoing recovery weakens

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Gross domestic product in the first quarter of 2024 - Swiss economy sees below-average growth

Switzerland's GDP grew by 0.3% in the last quarter of 2021, following a 1.9% increase the previous quarter. As expected, the recovery continued at a more moderate pace. The domestic economy was hampered by the latest wave of the pandemic and the addi-tional restrictions introduced. Industrial growth was buoyant, driven largely by the chemical and pharmaceutical sector.