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Published on 17 February 2025

GDP flash for the fourth quarter of 2024: Swiss economy shows solid growth

Bern, 17.2.2025 - According to the early estimate of Switzerland's quarterly real GDP around 45 days after the end of the quarter ('GDP flash'), Swiss economic output is estimated to have increased by 0.4% in the fourth quarter of 2024. This growth was driven by both industry and the services sector. Initial results for 2024 According to provisional results, the Swiss economy grew by 0.8% in 2024 overall, following 1.2% in the previous year.1 This is well below Switzerland's average economic growth (1.8% since 1981), reflecting the subdued performance of major trading partners. The industrial sector recorded moderate growth overall, supported primarily by the chemical and pharmaceutical industry. The services sector grew at a below-average rate by historical standards.