Switzerland: Trade balance, percent of GDP

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Switzerland: Trade balance as percent of GDP

: For that indicator, we provide data for Switzerland from 1970 to 2019. The average value for Switzerland during that period was 5.24 percent with a minimum of -2.09 percent in 1980 and a maximum of 12.63 percent in 2019. The latest value from 2019 is 12.63 percent. For comparison, the world average in 2019 based on 156 countries is -4.58 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The trade balance for Switzerland and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
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