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Switzerland Trade (% GDP)

Switzerland's trade (% GDP) fell to 134.1% in 2024, down from 135.32% in 2023, according to World Bank. This represents a decrease of 1.22% from the previous year. Switzerland has trade (% GDP) higher than the global median (134.10% vs median 84.49%). Compared with the median in Europe, Switzerland is higher (134.10% vs regional median 111.00%) and ranks 14th out of 44 countries in Europe.

Yearly Historical Data (1970-2024)

(in %)
Year Trade (% GDP)
2024 134.1%
2023 135.32%
2022 138.5%
2021 130.02%
2020 121.79%
2019 124.13%
2018 124.43%
2017 123.62%
2016 123.57%
2015 117.14%
2014 120.21%
2013 133.69%
2012 126.45%
2011 125.56%
2010 120.07%
2009 109.78%
2008 116.78%
2007 113.33%
2006 106.25%
2005 102.26%
2004 95.52%
2003 90.34%
2002 91.78%
2001 96.04%
2000 97.94%
1999 89.82%
1998 88.22%
1997 88.47%
1996 78.75%
1995 76.25%
1994 76.16%
1993 77.67%
1992 78.88%
1991 78.22%
1990 82.51%
1989 88.43%
1988 83.5%
1987 81.11%
1986 87.08%
1985 92.99%
1984 91.79%
1983 87.21%
1982 88.21%
1981 95.98%
1980 94.88%
1979 87.77%
1978 83.62%
1977 87.32%
1976 78.9%
1975 74.05%
1974 82.6%
1973 77.63%
1972 76.68%
1971 78.64%
1970 82.88%
Switzerland Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Switzerland divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $446.84B $419.92B 2024
Annual Imports $371.36B $365.37B 2024
Balance of Trade CHF 2.8B CHF 3.8B Sep'25
Exports CHF 22.8B CHF 22B Sep'25
Exports (% GDP) 72.16% 73.33% 2024
FDI Inflows (% GDP) -11.96% -9.94% 2024
Imports CHF 19.9B CHF 18.2B Sep'25
Imports (% GDP) 61.94% 61.99% 2024
Net Trade (Goods & Services, BoP) $92.5B $97.82B 2024
Tariff Rate 3.16% 4.13% 2022