Friday 28 March 2025 08:16 GMT

Switzerland's Account Surplus Fell To CHF10 Billion In Fourth Quarter 2024


(MENAFN- Swissinfo) Switzerland's balance of payments showed a surplus of CHF42 billion ($48 billion) in 2024, as in the previous year, according to the Swiss National Bank (SNB). Over the last three months of last year, however, the balance declined. This content was published on March 24, 2025 - 11:03 2 minutes Keystone-SDA
  • Français fr Excédent de la balance des paiements stable en 2024 Original Read more: Excédent de la balance des paiements stable en 202

+ Get the most important news from Switzerland in your inbox

The balance of trade in goods remained stable at CHF112 billion from one year to the next. This stability was the result of an increase in the balance of trade in goods in the strict sense following a rise in exports of chemical and pharmaceutical products, and a fall in the surplus recorded in transit trade, noted the SNB in a statement published on Monday.

More More What is a tariff? A quick guide

This content was published on Mar 12, 2025 Tariffs play a key role in US President Donald Trump's economic strategy and diplomatic moves. But who truly benefits, and who pays the price?

Read more: What is a tariff? A quick guid

MENAFN25032025000210011054ID1109352720


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search