Published by Global Banking & Finance Review®
Posted on February 17, 2025
1 min readLast updated: January 26, 2026
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Swiss GDP rose 0.4% in Q4, driven by industry and services. Annual growth slowed to 0.8% in 2024, below the 1.8% average since 1981.
ZURICH (Reuters) - Swiss economic growth accelerated in the fourth quarter compared with the previous three months, driven by both industry and the services sector, a preliminary official estimate showed on Monday.
Adjusted for sporting events, gross domestic product (GDP) expanded by 0.4% from the third quarter, the figures published by the Swiss government showed. GDP had increased by 0.2% during the July-September period.
For the whole of 2024, growth slowed to 0.8% from 1.2% the previous year, the economy ministry estimate showed.
The figure was below recent growth in Switzerland, which since 1981 has averaged 1.8% annually, the ministry said.
(Reporting by Ozan Ergenay and Tristan Veyet, Editing by Friederike Heine)
The main topic is the acceleration of Swiss economic growth in the fourth quarter of 2024.
How did the Swiss GDP perform in Q4? It grew by 0.4% compared to Q3.
What sectors contributed to the growth? Both industry and services sectors drove the growth.
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