National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Switzerland
CHEEXPORTQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149,226,304,581.00
Year-over-Year Change
31.61%
Date Range
1/1/1980 - 7/1/2023
Summary
This economic trend measures the current price value of exports of goods and services for Switzerland. It is a key indicator of Switzerland's trade performance and international competitiveness.
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 Exports of Goods and Services for Switzerland metric represents the total value of all goods and services exported from Switzerland to other countries. It is an important component of the country's Gross Domestic Product (GDP) and reflects Switzerland's participation in global trade and economic integration.
Methodology
The data is collected by the Swiss Federal Statistical Office based on surveys of businesses and trade data.
Historical Context
Policymakers and analysts use this trend to assess Switzerland's trade balance, external demand, and international economic position.
Key Facts
- Switzerland is one of the world's largest exporters per capita.
- Exports account for over 60% of Switzerland's GDP.
- Key Swiss exports include machinery, chemicals, watches, and pharmaceuticals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the current price value of all goods and services exported from Switzerland to other countries.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Switzerland's trade performance, international competitiveness, and participation in the global economy.
Q: How is this data collected or calculated?
A: The data is collected by the Swiss Federal Statistical Office based on surveys of businesses and trade data.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Switzerland's trade balance, external demand, and international economic position.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Exports of Goods and Services for Switzerland (CHEEXPORTQDSMEI), retrieved from FRED.