Current forecasts

BAK forecasts- December 2019

December 6, 2019


FORECASTS FOR THE SWISS ECONOMY

 2018201920202021
CIVIL ECONOMICS ACCOUNTING1    
Gross domestic product2.80.81.51.3
Gross domestic product excluding major sporting events2.31.31.31.6
Private consumption1.01.01.11.2
Public consumption0.31.20.80.9
Gross fixed capital investment1.10.40.61.6
Construction spending1.20.1-0.50.5
Equipment investments    1.10.51.22.2
Exports4.52.91.71.7
Imports2.41.41.72.1
Consumer prices20.90.40.20.6
     
LABOUR MARKET    
Number of employees21.81.20.50.6
Registred unemployed3, in 1'000118.2106.9108.2109.5
Unemployment rate3, in %2.52.32.32.4
     
FINANCIAL MARKETS    
3-month-euro franks interest rates3, in %-0.74-0.74-0.75-0.75
Return eidg. Bond3, in %0.05-0.47-0.48-0.33
Exchange rate CHF / EUR31.151.111.101.14
Exchange rate CHF/USD0.981.001.011.03

1Real change p.a. in %     2Change p.a. in %     3Annual average


FORECASTS FOR SELECTED COUNTRIES AND ECONOMIC AREAS

FORECASTS FOR SELECTED COUNTRIES AND ECONOMIC AREAS

 GDP1Private consumption1Investments1Unemployment rate2Inflation2
 2019202020192020201920202019202020192020
USA2.31.62.62.21.81.13.73.51.81.9
Japan0.80.20.4-0.32.00.72.42.40.60.6
EU 271.41.21.41.43.60.56.36.21.41.4
Germany0.60.71.61.52.60.85.05.01.41.5
Switzerland0.81.51.01.10.40.62.32.30.40.2

1Real, change p.a. in %     2In % (annual median)

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