Switzerland current account to gdp

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Switzerland current account to gdp: 7.6 (-23.23%)
Last Update: December 31, 2023

Switzerland current account to gdp closed down 7.6 as of December 31, 2023 from 9.9 from the previous month and 7.9 from last year.


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Switzerland current account to gdp closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Switzerland current account to gdp

Date Values
2023-12-31 7.6
2022-12-31 9.9
2021-12-31 8.9
2020-12-31 2.8
2019-12-31 10.9
2018-12-31 10.2
2017-12-31 6.7
2016-12-31 9.4
2015-12-31 11.2
2014-12-31 8.5
2013-12-31 11.6
2012-12-31 10.7
2011-12-31 7.9
2010-12-31 14.8
2009-12-31 7.4
2008-12-31 2.4
2007-12-31 8.9
2006-12-31 14.8
2005-12-31 14
2004-12-31 13.4
2003-12-31 13.3
2002-12-31 8.8
2001-12-31 8.2
2000-12-31 12

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Switzerland current account to gdp Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
current account to gdp ch.currentaccountgdp 7.6 9.9 -23 -4 Down Down 0 2023-12-31

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Switzerland current account to gdp Historical Data

The MacroVar database offers free access to historical data for the Switzerland current account to gdp, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Switzerland current account to gdp data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Switzerland current account to gdp

Switzerland's current account to GDP ratio measures the country's trade balance with the rest of the world relative to the size of its economy. A positive current account balance indicates that the country is exporting more goods and services than it is importing, which can be a sign of a strong and competitive economy. Switzerland has historically maintained a high current account surplus, driven by its reputation as a global financial hub and its strong export-oriented industries such as pharmaceuticals, machinery, and watches. This surplus has helped to support the Swiss franc as a stable and strong currency, making Switzerland an attractive destination for foreign investment.

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