Sustained increase in Switzerland’s GDP in 2021

Switzerland’s gross domestic product (GDP) increased by 4.2 % in 2021 at the previous year’s prices. This marked increase follows the decline seen in 2020 (-2.4 %) due to the start of the COVID-19 pandemic. Thanks to this recovery, the GDP is above the 2019 level, although parts of the Swiss economy continued to be affected by the pandemic situation. Gross national income (GNI) at current prices increased by 5.4 %. These initial estimates for 2021 from the Federal Statistical Office (FSO) are accompanied by a revision of the results affecting the period from 1995 to 2020.