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Swiss Economy Rebounds in Q4 as US Tariffs Hit
Switzerland's GDP rose 0.2% in Q4 2025 led by services as US tariffs cut exports in Q3, with full-year growth at 1.4%, below its 1.8% long-term average.
- Updated Monday figures indicated Switzerland's economy returned to growth at the end of last year, with fourth‑quarter GDP rising 0.2% after a 0.5% Q3 slump.
- US tariff actions earlier in 2025 showed that US President Donald Trump’s 39% duty and uncertainty stalled exports, hitting chemicals and pharmaceuticals industries and weighing on Q3 2025 GDP.
- Services sector growth pushed activity higher as household consumption and retail sales rose 0.8% in the fourth quarter, while real exports of goods fell 1.3% and imports rose 0.1%.
- Annual figures show GDP 2025 reached 1.4%, below the long‑term average growth , and Seco, the economy ministry warned final data due at the end of February could alter forecasts.
- Looking ahead, Capital Economics said, `'Looking ahead, we expect a small rebound in exports in the first quarter as firms increase shipments to the US in response to the tariff deal' and forecasted 0.5% growth.
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17 Articles
17 Articles
GDP per capita increased by 0.5 percent in 2025. Long-term trends also show that in Switzerland not only population figures increase.
·Zürich, Switzerland
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The Swiss economy grew by 0.2 percent in real terms in the fourth quarter of 2025, as reported by Seco.
·Zürich, Switzerland
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Coverage Details
Total News Sources17
Leaning Left5Leaning Right1Center3Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
C 33%
11%
Factuality
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