Forecasts & Indicators
The KOF regularly publishes various indicators and forecasts. These are partly based on the results of the KOF economic surveys among Swiss companies as well as external data.
News about Forecasts and Indicators:
Healthcare expenditure to reach almost CHF 110 billion in 2027
Healthcare spending in Switzerland continues to grow – and at a faster rate than in the past. Forecasts by the KOF Institute show that total healthcare expenditure in Switzerland is set to rise from just under CHF 94 billion in 2023 to CHF 109.6 billion in 2027. This represents an increase of CHF 15.6 billion within four years.
Significant improvement in business conditions and growing confidence in the Swiss economy
The KOF Business Situation Indicator for the Swiss private sector rose significantly in October, returning to its July level, i.e. prior to the increase in US tariffs on Swiss imports. Firms’ business forecasts for the coming six months are also more confident again. On balance, the outlook is more positive than it has been since the beginning of the year. The Swiss economy is regaining its footing.
KOF Employment Indicator: downward trend in employment outlook comes to a halt despite tariff shock
Following a lengthy period of declining values, the KOF Employment Indicator is pointing to a slight improvement in the employment outlook for the first time in three years. The fourth quarter of 2025 has seen the indicator rise by 1.3 points to 0.7 points despite the tariff shock. It is thus trending low but in positive territory. However, the recovery in the labour market remains subdued and is being driven mainly by the construction and service sectors.
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