Gross domestic product in 4th quarter 2013
Bern, 27.2.2014 - In the 4th quarter 2013 Switzerland’s real gross domestic product (GDP) expanded by 0.2% compared to the 3rd quarter*. On the expenditure side, positive contributions to growth in GDP came in particular from consumption and gross fixed investments, whilst the balance of trade in goods and services had a negative impact. On the production side of the GDP, the main contribution to GDP-growth came from the wholesale sector. Compared to the same quarter of previous year (4th quarter 2012), GDP increased by 1.7%. First estimates for the whole year – based on the quarterly data – show GDP growth of 2.0% for 2013 after 1.0% in 2012.