Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for Switzerland
CHELORSGPRTSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.19
Year-over-Year Change
-0.13%
Date Range
2/1/1960 - 8/1/2022
Summary
The Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for Switzerland tracks the deviation of Switzerland's GDP from its long-term trend, providing insight into the country's economic health and growth trajectory.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This leading indicator compares Switzerland's current GDP to its estimated long-term trend, highlighting periods of economic expansion or contraction. It is a valuable tool for policymakers and analysts in assessing the business cycle and evaluating the performance of the Swiss economy.
Methodology
The data is calculated by the OECD using established statistical methods to derive the GDP trend line.
Historical Context
This indicator is widely used to inform economic policy decisions and investment strategies in Switzerland and global markets.
Key Facts
- Switzerland's GDP-to-trend ratio has averaged 1.00 over the past decade.
- The indicator reached a high of 1.03 in 2018, signaling a period of above-trend economic growth.
- The ratio fell to 0.97 in 2020 due to the COVID-19 pandemic's impact on the Swiss economy.
FAQs
Q: What does this economic trend measure?
A: The Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for Switzerland measures the deviation of Switzerland's GDP from its long-term trend, providing insight into the country's economic performance.
Q: Why is this trend relevant for users or analysts?
A: This indicator is crucial for understanding the business cycle and evaluating the overall health of the Swiss economy, which is essential for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using established statistical methods to derive the GDP trend line for Switzerland.
Q: How is this trend used in economic policy?
A: This indicator is widely used to inform economic policy decisions and investment strategies in Switzerland and global markets, as it provides insight into the country's economic performance and growth trajectory.
Q: Are there update delays or limitations?
A: The OECD provides this data on a regular basis, with minimal update delays. However, as with any economic indicator, there may be limitations in its ability to fully capture the complexity of the Swiss economy.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for Switzerland (CHELORSGPRTSTSAM), retrieved from FRED.