Press release

Switzerland / 1st quarter of 2021 Gross domestic product in the 1st quarter of 2021

Recovery of the domestic economy interrupted

The latest version of this document is also available. Please see the following link:
Gross domestic product in the 2nd quarter 2021 - domestic economy recovering from second COVID slump

Switzerland’s GDP fell by 0.5 % after growing by 0.1 % in the 4th quarter.  Value added dropped significantly in the service sector following the tightening of measures de-signed to contain the coronavirus pandemic. Private consumption also contracted sharply. By contrast, industry grew markedly and prevented a greater decline in GDP. There was no repeat of the economic slump experienced in spring 2020.


 

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Gross domestic product in the 1st quarter of 2021
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Gross domestic product in the 1st quarter 2021


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