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Switzerland — Market Overview

Europe>Switzerland

🇨🇭 Switzerland

Switzerland is often treated as one of the purest high-quality equity markets because healthcare, global staples, and capital preservation flows dominate both earnings resilience and valuation behavior. The cleanest read usually comes from franc direction, global defensive positioning, and whether high-quality compounders can keep justifying a premium multiple.

Regionale Karte

Eckdaten

Switzerland auf einen Blick

Capital

Bern

Currency

Swiss Franc (CHF)

Primary exchange

SIX Swiss Exchange

Central bank

Swiss National Bank

Region

Europe

Time zone

Europe/Zurich

Country dashboard

Warum dieser Markt wichtig ist

This version combines a stylized country map with a switchable macro explorer built from official published history, using OECD primary datasets where available and World Bank annual series where coverage is otherwise incomplete.

Makro-Explorer

Variablen wechseln, den Länderkontext behalten

These country charts now use official OECD quarterly and monthly history where the feed is actually published, with government debt added from the World Bank when a stable public series exists. Variables without dependable republishable coverage are left out instead of being interpolated, so each page shows fewer lines only when the source coverage is genuinely thinner.

GDP

Nominal GDP shown as bars.

CHF 600 Mrd.CHF 700 Mrd.CHF 800 Mrd.CHF 900 Mrd.201020112012201320142015201620172018201920202021202220232024
Klicken Sie auf ein Jahr, um ab diesem Punkt zu zoomen.

Verfügbare Variablen

GDP

CHF 824,6 Mrd.
1J-Trend+2.6%
Ø Wachstum+2.0%

Was das signalisiert

This view isolates nominal GDP, which is useful for seeing the economy's absolute scale instead of a growth rate or ratio.

Handel und Außenposition

Exporte, Dienstleistungen und Außenbilanz

Statt einer generischen Wand aus Makro-Karten konzentriert sich dieser Abschnitt darauf, wie das Land Nachfrage aus dem Ausland gewinnt, wo sein Handelsvorteil liegt und wie sich die Außenbilanz entwickelt.

Gesamthandel SwitzerlandCHF 1,3 Bio.
Waren
Dienstleistungen
Waren
Dienstleistungen
ExportCHF 675,8 Mrd.
CHF 580,1 Mrd.Import
Außenbilanz2024
Exporte +CHF 675,8 Mrd.
Importe -CHF 580,1 Mrd.
Saldo+CHF 95,7 Mrd.
CHF 675,8 Mrd.
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Switzerland is capturing across both physical products and higher-value intangible flows.

CHF 446,7 Mrd.
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

CHF 186,1 Mrd.
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Switzerland is strongest in higher-margin, knowledge-intensive, and branded service activities.

Handelszusammensetzung

Was das Land exportiert

Handelspartner

Wohin das Land handelt

Rohstoff-Perspektive

Rohstoff-Exposure

Trade openness134.1%

Trade in goods and services equaled 134.1% of GDP in 2024. This is a quick read on how externally exposed the economy is.

Services share of exports27.5%

Services represented 27.5% of total exports in the latest reading, which helps show whether the export mix leans more toward intangibles or merchandise.

Manufactures share68.5%

Manufactures accounted for 68.5% of merchandise exports in 2024.

Fuel share1.2%

Fuel exports accounted for 1.2% of merchandise exports in 2024, useful for reading commodity exposure.

Food share2.5%

Food exports accounted for 2.5% of merchandise exports in 2024, adding context on agricultural exposure.

Worauf man achten sollte

Leserahmen

01

Swiss franc direction

Switzerland should first be read through swiss franc direction. When this regime shifts, local multiples and sector leadership usually shift with it.

02

defensive sector leadership

The cleanest read usually comes from franc direction, global defensive positioning, and whether high-quality compounders can keep justifying a premium multiple. That makes defensive sector leadership one of the most important signals for revising the country narrative.

03

quality multiple resilience

The final layer is quality multiple resilience, because it determines whether the macro backdrop turns into sustainable earnings support for the SMI.

Weitere Länder

Weiter durch Europe

Jede Karte öffnet dieselbe Ländervorlage mit eigener Karte, umschaltbaren Makrovariablen und Benchmark-Ansicht. Dies ist das erste verknüpfte Netzwerk von Länderseiten in der Region.