Country Focus 2 of 12
Country Focus Economy Economy & Banking

Swiss economy grows 1.5 per cent in strongest quarter since 2021

Switzerland's GDP, adjusted for sporting events, grew by 1.5% in the second quarter of 2026, after 0.5% growth in the previous quarter.
This is the strongest GDP growth recorded since the third quarter of 2021, according to the State Secretariat for Economic Affairs (SECO).
The chemical and pharmaceutical industry made the largest contribution, while value added also rose across a wide range of other sectors.
Exports excluding transit trade rebounded by 9.7%, following a 1.2% decline in the first quarter.

Q2 2026 GDP growth: 1.5% Previous quarter growth: 0.5% Exports excluding transit trade: 9.7%
Why it matters for exams: Quarterly GDP growth of a major European economy, and which sector drove it, is a typical economy current-affairs question.
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