KOF Economic Forecasts
KOF calculates quarterly updated macroeconomic forecasts for the Swiss economy.
News
Swiss economy hit by international trade conflict
The United States’ erratic trade policy has caused even more economic uncertainty in the second quarter of 2025. Tariffs are also weighing on the economic outlook. Data revisions last year mean that KOF is sticking to its forecast of real, sport-adjusted GDP growth of 1.4 per cent for 2025 (1.0 per cent unadjusted) despite a deterioration in its assessment. Its GDP growth forecast for 2026, however, has been lowered by 0.4 percentage points to 1.5 per cent (1.9 per cent unadjusted).
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GDP, expenditure approach
GDP, production approach
Important economic variables
Report
The detailed forecasts are published in German in KOF Konjunkturbericht.
The press releases in English are published here.
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Data Economic Forecast - Quarterly Series
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Current and past reports are available in our archive.
The economic forecast was published as part of the "KOF Analysen" until December 2023.
Contact
KOF Konjunkturforschungsstelle
Leonhardstrasse 21
8092
Zürich
Switzerland