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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.

Carte régionale

Faits clés

Switzerland en un coup d'œil

Capital

Bern

Currency

Swiss Franc (CHF)

Primary exchange

SIX Swiss Exchange

Central bank

Swiss National Bank

Region

Europe

Time zone

Europe/Zurich

Country dashboard

Pourquoi ce marché compte

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.

Explorateur macro

Changez de variable, gardez le contexte du pays

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 MdCHF 700 MdCHF 800 MdCHF 900 Md201020112012201320142015201620172018201920202021202220232024
Cliquez sur une année pour zoomer à partir de ce point.

Variables disponibles

GDP

CHF 824,6 Md
Tendance 1 an+2.6%
Croissance moy.+2.0%

Ce que cela signale

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

Commerce et position extérieure

Exportations, services et balance extérieure

Plutôt qu'un mur générique de cartes macro, cette section se concentre sur la manière dont le pays attire la demande étrangère, où se situe son avantage commercial et comment évolue sa balance extérieure.

Échanges totaux SwitzerlandCHF 1,3 Bn
Biens
Services
Biens
Services
ExportationCHF 675,8 Md
CHF 580,1 MdImportation
Balance extérieure2024
Exportations +CHF 675,8 Md
Importations -CHF 580,1 Md
Solde+CHF 95,7 Md
CHF 675,8 Md
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 Md
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 Md
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.

Composition des échanges

Ce que le pays exporte

Partenaires commerciaux

Où le pays commerce

Prisme des matières premières

Exposition aux matières premières

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.

Ce qu'il faut surveiller

Grille de lecture

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.

Autres pays

Poursuivez à travers Europe

Chaque carte ouvre le même modèle de pays avec sa propre carte, des variables macro permutables et une vue de référence. C'est le premier réseau lié de pages pays de la région.