Marked decline in GDP in 2020 following COVID-19

Neuchâtel, 26.08.2021 - The gross domestic product (GDP) of Switzerland fell by 2.4% in 2020 at the previous year’s prices. This marked drop is the consequence of the COVID-19 pandemic, which particularly affected certain parts of the Swiss economy. This crisis brought about a sharp decline in domestic demand and foreign trade. The gross national income (GNI) also fell by 2.9% at current prices. These initial estimates for 2020 from the Federal Statistical Office (FSO) are accompanied by a revision of the results from 2018 and 2019.

This press release and further information on this topic can be found on the FSO website (see link below)

Address for enquiries

Philippe Küttel, FSO, National Accounts section, tel.: +41 58 463 60 67, email:


Federal Statistical Office