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Economic forecasts - Winter 2017/2018 Economic recovery gains momentum

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Forecast unchanged: Swiss economic growth below average in 2024

The Federal Government's Expert Group expects the Swiss economy to make a speedy recovery over the next few quarters. While only moderate GDP growth of 1.0% is anticipated in 2017 due to a weak first half of the year, the forecast for GDP growth in 2018 is strong at 2.3% in the course of the global economic up-turn. A solid 1.9% growth is predicted for 2019. Both foreign trade and the domestic economy are contributory factors in this regard. Employment is likely to increase noticeably, with unemployment set to drop again.