GDP flash for the third quarter of 2025: Swiss economy contracts
Bern, 17.11.2025 — According to the early estimate of Switzerland's quarterly real GDP approximately 45 days after the quarter end ('GDP flash'), Swiss economic output is estimated to have contracted by 0.5% in the third quarter of 2025.[1] Driven by a sharp decline in value added in the chemical and pharmaceutical sector, industry as a whole recorded negative growth. The services sector grew at a below-average rate.
Note: 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 once the complete and updated source data become available. The regular release of quarterly GDP figures, including details on production, expenditure and income as well as updated calculations for the previous quarters, will be published on 28 November 2025.
[1] Adjusted for seasonal/calendar effects and sporting events