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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.

Mapa regional

Datos clave

Switzerland de un vistazo

Capital

Bern

Currency

Swiss Franc (CHF)

Primary exchange

SIX Swiss Exchange

Central bank

Swiss National Bank

Region

Europe

Time zone

Europe/Zurich

Country dashboard

Por qué importa este mercado

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.

Explorador macro

Cambia de variable sin perder el contexto del país

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 mil MCHF 700 mil MCHF 800 mil MCHF 900 mil M201020112012201320142015201620172018201920202021202220232024
Haz clic en un año para ampliar desde ese punto.

Variables disponibles

GDP

CHF 824,6 mil M
Tendencia 1A+2.6%
Crecimiento medio+2.0%

Qué señala esto

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

Comercio y posición externa

Exportaciones, servicios y balanza externa

En lugar de un muro genérico de tarjetas macro, esta sección se centra en cómo el país capta demanda del exterior, dónde está su ventaja comercial y cómo evoluciona la balanza externa.

Comercio total SwitzerlandCHF 1,3 B
Bienes
Servicios
Bienes
Servicios
ExportaciónCHF 675,8 mil M
CHF 580,1 mil MImportación
Balanza externa2024
Exportaciones +CHF 675,8 mil M
Importaciones -CHF 580,1 mil M
Saldo+CHF 95,7 mil M
CHF 675,8 mil M
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 mil M
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 mil M
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.

Composición del comercio

Qué exporta el país

Socios comerciales

Dónde comercia el país

Enfoque en materias primas

Exposición a materias primas

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.

Qué vigilar

Marco de lectura

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.

Otros países

Continúa por Europe

Cada tarjeta abre la misma plantilla de país con su propio mapa, variables macro intercambiables y vista de referencia. Es la primera red enlazada de páginas de país de la región.