GDP flash

GDP flash for the first quarter of 2024
Swiss economy sees below-average growth

16.05.2024 - According to the early estimate of gross domestic product on the production side ('GDP flash'), Switzerland's real GDP adjusted for seasonal/calendar effects and sporting events is projected to have increased by 0.2% in the first quarter of 2024. Growth in the service sector is offset by a weak performance in industry.

GDP volumes, seasonally and sport event adjusted

Notes

Starting with the first quarter of 2024, SECO now publishes an early GDP estimate ('GDP flash') around 45 days after the end of the quarter.
The flash estimate is based on early information available on the production components of GDP. Estimates are used where values are not yet available. The result may therefore change after the complete and updated source data become available.
Detailed results on quarterly GDP and updated calculations for the previous quarters will continue to be published by SECO after around 60 days.
The GDP flash is a form of experimental statistics.
Experimental statistics are produced using new methods and/or data sources and made available to data users at an early stage. They are a focal point of the Confederation's 2024–2027 multi-annual programme for statistics.