Press release

Switzerland / 1st quarter of 2022 Gross domestic product in the 1st quarter of 2022

Continued recovery, disparate sectoral trends

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Gross domestic product in the fourth quarter of 2023 - Swiss economy again shows moderate growth

Switzerland's GDP grew by 0.5% in the first quarter, following on from a 0.2% increase in the last quarter of 2021. The recovery continued as expected, driven largely by the industrial sector. Parts of the service sector were held back at the beginning of the quarter by the most recent wave of the pandemic and the accompanying restrictions.