Swiss economy grew slightly at tail end of 2025

The Swiss economy improved slightly in the fourth quarter of last year, with gross domestic product (GDP) up 0.2% on the previous quarter, according to an initial estimate from the State Secretariat for Economic Affairs (Seco). + Get the most important news from Switzerland in your inbox Economists surveyed by the AWP agency were expecting Swiss GDP to grow in the same range, forecasting an increase of between 0.1% and 0.4% in the final quarter. + What lies ahead for Switzerland? Economic outlook 2026 In the third quarter of 2025, the Swiss economy was weighed down by a sharp decline in the chemicals and pharmaceuticals industries due to customs duties, causing GDP (adjusted for sporting events) to contract by 0.5%, after rising by 0.2% in the previous quarter. The figures for October to the end of December "show that economic activity is still fragile", said Arthur Jurus, investment director at Oddo BHF Switzerland. For Thomas Gitzel, Chief Economist at VP Bank, "the decline ...