Switzerland Raises Economic Growth Forecast as GDP Surges
The Swiss government has revised its economic growth forecast significantly, citing strong GDP growth in the second quarter. According to the State Secretariat for Economic Affairs (SECO), real gross domestic product (GDP) is expected to grow by 1.7% in 2026, up from a previous estimate of 0.9%. The forecast for 2027 remains at 1.6%.
The revision is based on the latest data from the Swiss economy, which showed unusually high growth in the second quarter. However, federal experts warn that this growth may not continue unchecked, citing the highly volatile chemical and pharmaceutical industry as a factor that has overstated the underlying economic momentum.
Despite these concerns, the Swiss economy is expected to remain on a path to recovery, with the recent depreciation of the franc benefiting the export sector. Inflation is forecast at 0.6% for both 2026 and 2027, while the unemployment rate is expected to be 3.1% in 2026 and 3.0% in 2027.