Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for Switzerland
CHEB6BLTT02STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.44
Year-over-Year Change
436.87%
Date Range
1/1/1985 - 10/1/2024
Summary
The Balance of Payments: Current Account measures the net flow of payments between Switzerland and the rest of the world. It is a key indicator of Switzerland's international economic position.
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
The current account balance tracks Switzerland's net income from trade in goods and services, as well as net income from foreign investments and transfer payments. It provides insight into the country's competitiveness and ability to service its foreign debt.
Methodology
The data is compiled by the Swiss National Bank based on surveys of companies and international transactions.
Historical Context
Policymakers and analysts use the current account balance to assess Switzerland's external economic stability and inform macroeconomic policies.
Key Facts
- Switzerland has run a current account surplus since the 1980s.
- Swiss current account surpluses averaged over 10% of GDP in the 2010s.
- The current account is an important driver of the Swiss franc's exchange rate.
FAQs
Q: What does this economic trend measure?
A: The Balance of Payments: Current Account measures Switzerland's net income from international trade in goods and services, as well as net income from foreign investments and transfer payments.
Q: Why is this trend relevant for users or analysts?
A: The current account balance provides insight into Switzerland's international economic competitiveness and ability to service its foreign debt, making it a key indicator for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is compiled by the Swiss National Bank based on surveys of companies and international transactions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the current account balance to assess Switzerland's external economic stability and inform macroeconomic policies, such as exchange rate management.
Q: Are there update delays or limitations?
A: The current account data is published quarterly with a typical delay of 3 months.
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Citation
U.S. Federal Reserve, Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for Switzerland (CHEB6BLTT02STSAQ), retrieved from FRED.