Gross domestic product in 4th quarter 2012
Bern, 28.2.2013 - Switzerland’s real gross domestic product (GDP) grew in the 4th quarter 2012 by 0.2%* compared to the 3rd quarter. Positive contributions to growth came primarily from private and public consumption. Gross fixed investments contributed positively but marginally to GDP growth. However, net exports of goods and services delivered a negative contribution to GDP growth in the 4th quarter. Value added on the production side increased in a number of service related sectors; particularly in the areas of trade, transport, information and communication, the delivery of financial services as well as in healthcare and social services. By contrast, the value added in the industry sector declined. Compared with the 4th quarter 2011, Swiss GDP grew by 1.4%. From the results of the quarterly national accounts, a provisional GDP growth rate over the whole year 2012 of 1.0% at constant prices and of 1.1% at current prices can be derived.