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Switzerland / 4th quarter of 2017 Gross domestic product in the 4th quarter of 2017

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

Switzerland's real gross domestic product (GDP) grew by an above-average 0.6% in the 4th quarter of 2017. Growth was broad-based across the various business sectors, with manufacturing, construction and most service sectors, particularly financial services, providing momentum. On the expenditure side, growth was underpinned by consumption and investment in construction but was hindered by investment in equipment and foreign trade. 2017 as a whole saw a real GDP growth rate of 1.0%. After a sluggish start to the year, the economic recovery became more broad-based and gained momentum in the second half of the year.