Source: world bank Nominal/PPP
Summary:
Switzerland GDP Per Capita expanded from 1960 to 2024, increasing from $10.41 to $936.56 .The compound annual growth rate (CAGR) averaged 7.28% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 20.86%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.
Switzerland Economic Phases (1960 - 2024)
From 1960 to 2024, Switzerland economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- High Growth (1961–1975) indicating robust economic expansion
- High Growth (1977–1980) indicating robust economic expansion
- Contraction (1983–1984) indicating temporary slowdown
- High Growth (1986–1988) indicating robust economic expansion
- Expansion (1991–1992) indicating steady moderate growth
- High Growth (1994–1995) indicating robust economic expansion
- Contraction (1999–2000) indicating temporary slowdown
- High Growth (2002–2004) indicating robust economic expansion
- High Growth (2006–2008) indicating robust economic expansion
- High Growth (2010–2011) indicating robust economic expansion
- Expansion (2013–2014) indicating steady moderate growth
- Contraction (2015–2016) indicating temporary slowdown
- Expansion (2017–2018) indicating steady moderate growth
- Expansion (2024–2024) indicating steady moderate growth
The most remarkable growth occurred in 1986 with an increase of 43.35%, while the largest decline was in 1997 at -13.324%.