Q3: Swiss GDP Falls Amid Global Slowdown, Tariff Shock

2025-11-17 02:09:19

(MENAFN- Swissinfo) The Swiss economy has felt the full impact of the introduction of 39% US tariffs in August and the slowdown in the global economy. An initial estimate shows a contraction in gross domestic product (GDP) from July to the end of September. This content was published on November 17, 2025 - 11:05 4 minutes Keystone-SDA

Deutsch de Schweizer Wirtschaft schrumpft wegen US-Zöllen deutlich Original Read more: Schweizer Wirtschaft schrumpft wegen US-Zöllen deu

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GDP shrank by 0.5% in the third quarter compared with the previous quarter, according to the State Secretariat for Economic Affairs (SECO), which published a seasonally adjusted estimate on Monday that is produced around 45 days after the end of a quarter.

In the second quarter, the country posted growth of just 0.1% compared with the previous quarter and excluding the impact of sporting events, following growth of 0.7% between January and March.
More More Foreign Affairs Switzerland secures US tariff rate cut to 15%
This content was published on Nov 14, 2025 The United States will cut its tariffs on goods from Switzerland to 15% from 39% under a new framework trade agreement.
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