According to the International Monetary Fund (IMF), real GDP of Switzerland is forecast to grow by 3.0 percent in 2022 and 1.4 percent in 2023.
1) Real GDP growth rate: 2010 – 3.2 percent, 2011 – 1.9 percent, 2012 – 1.3 percent, 2013 – -1.9 percent, 2014 – 2.4 percent, 2015 – 1.6 percent, 2016 – 2.0 percent, 2017 – 1.7 percent, 2018 – 2.9 percent, 2019 – 1.2 percent, 2020 – -2.5 percent and 2021 – 3.7 percent.
Gross domestic product is the market value of all goods and services made in a country in a year. Annual percentages of constant price GDP are year-on-year changes. Expenditure-based GDP is total final expenditures at purchasers’ prices (including the f.o.b. value of exports of goods and services), less the f.o.b. value of imports of goods and services.
2) Projected real GDP growth rate: 2022 – 3.0 percent, 2023 – 1.4 percent, 2024 – 1.8 percent, 2025 – 1.2 percent and 2026 – 1.8 percent.
3) Nominal GDP in current prices, billions of Swiss franc (code: CHF): 2010 – CHF628.752 billion, 2011 – CHF640.876 billion, 2012 – CHF649.236 billion, 2013 – CHF661.098 billion, 2014 – CHF673.099 billion, 2015 – CHF675.779 billion, 2016 – CHF685.277 billion, 2017 – CHF693.969 billion, 2018 – CHF719.809 billion, 2019 – CHF727.932 billion, 2020 – CHF705.893 billion and 2021 – CHF736.649 billion.
4) Projected nominal GDP in current prices, billions of Swiss franc: 2022 – CHF761.782 billion, 2023 – CHF776.775 billion, 2024 – CHF796.101 billion, 2025 – CHF812.229 billion and 2026 – CHF833.648 billion.
5) Nominal GDP in current prices, billions of U.S. dollars: 2010 – $602.885 billion, 2011 – $721.673 billion, 2012 – $692.382 billion, 2013 – $713.232 billion, 2014 – $734.703 billion, 2015 – $702.195 billion, 2016 – $695.434 billion, 2017 – $704.758 billion, 2018 – $736.089 billion, 2019 – $732.492 billion, 2020 – $751.877 billion and 2021 – $810.830 billion.
Values are based upon GDP in national currency converted to U.S. dollars using market exchange rates (yearly average).
6) Projected nominal GDP in current prices, billions of U.S. dollars: 2022 – $862.819 billion, 2023 – $897.979 billion, 2024 – $945.739 billion, 2025 – $986.270 billion and 2026 – $1,038.791 billion.
7) GDP PPP (Purchasing power parity) in current prices, billions of international dollars: 2010 – $440.787 billion, 2011 – $458.588 billion, 2012 – $479.469 billion, 2013 – $503.702 billion, 2014 – $525.136 billion, 2015 – $546.988 billion, 2016 – $570.073 billion, 2017 – $588.151 billion, 2018 – $619.914 billion, 2019 – $638.861 billion, 2020 – $630.356 billion and 2021 – $677.269 billion.
GDP PPP = gross domestic product based on purchasing power parity, international dollars. Average consumer price level in the US = 100%.
GDP PPP takes into account differences in the cost of living in different countries. Purchasing power parity means how much money would be needed to buy the same item basket in two different countries. Using a PPP basis is arguably more useful when comparing generalized differences in living standards between nations because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using only exchange rates, which may distort the real differences in income.
8) Projected GDP PPP in current prices, billions of international dollars: 2022 – $716.735 billion, 2023 – $744.219 billion, 2024 – $774.883 billion, 2025 – $801.216 billion and 2026 – $832.540 billion.
9) Nominal GDP per capita in current prices, U.S. dollars: 2010 – $77,431.9, 2011 – $91,699.2, 2012 – $87,037.3, 2013 – $88,721.5, 2014 – $90,258.4, 2015 – $85,238.5, 2016 – $83,515.5, 2017 – $83,700.5, 2018 – $86,762.0, 2019 – $85,721.7, 2020 – $87,366.6 and 2021 – $93,515.5.
GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.
10) Projected nominal GDP per capita in current prices, U.S. dollars: 2022 – $98,770.7, 2023 – $102,030.4, 2024 – $106,657.1, 2025 – $110,400.1 and 2026 – $115,413.4.
11) GDP PPP per capita in current prices, international dollars: 2010 – $56,612.8, 2011 – $58,270.4, 2012 – $60,272.7, 2013 – $62,657.4, 2014 – $64,513.0, 2015 – $66,398.1, 2016 – $68,460.8, 2017 – $69,851.7, 2018 – $73,068.6, 2019 – $74,764.3, 2020 – $73,246.1 and 2021 – $78,111.5.
Expressed in GDP in PPP dollars per person. Data are derived by dividing GDP in PPP dollars by total population.
12) Projected GDP PPP per capita in current prices, international dollars: 2022 – $82,047.8, 2023 – $84,559.8, 2024 – $87,388.6, 2025 – $89,685.7 and 2026 – $92,498.2.
13) GDP based on purchasing-power-parity (PPP) share of world total, percent: 2010 – 0.5 percent, 2011 – 0.5 percent, 2012 – 0.5 percent, 2013 – 0.5 percent, 2014 – 0.5 percent, 2015 – 0.5 percent, 2016 – 0.5 percent, 2017 – 0.5 percent, 2018 – 0.5 percent, 2019 – 0.5 percent, 2020 – 0.5 percent and 2021 – 0.5 percent.
Expressed in percent of world GDP in PPP dollars.
14) Projected GDP based on purchasing-power-parity (PPP) share of world total, percent: 2022 – 0.5 percent, 2023 – 0.5 percent, 2024 – 0.4 percent, 2025 – 0.4 percent and 2026 – 0.4 percent.
15) Deflator of Gross domestic product (index to the previous year), percent: 2010 – 100.3 percent, 2011 – 100.0 percent, 2012 – 100.0 percent, 2013 – 100.0 percent, 2014 – 99.4 percent, 2015 – 98.8 percent, 2016 – 99.4 percent, 2017 – 99.6 percent, 2018 – 100.8 percent, 2019 – 99.9 percent, 2020 – 99.5 percent and 2021 – 100.6 percent.
The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation.
16) Projected deflator of Gross domestic product (index to the previous year), percent: 2022 – 100.4 percent, 2023 – 100.5 percent, 2024 – 100.7 percent, 2025 – 100.8 percent and 2026 – 100.8 percent.
17) Ratio of the average price level in Switzerland to the average price level in the United States, percent: 2010 – 136.8 percent, 2011 – 157.4 percent, 2012 – 144.4 percent, 2013 – 141.6 percent, 2014 – 139.9 percent, 2015 – 128.4 percent, 2016 – 122.0 percent, 2017 – 119.8 percent, 2018 – 118.7 percent, 2019 – 114.7 percent, 2020 – 119.3 percent and 2021 – 119.7 percent.
18) Projected ratio of the average price level in Switzerland to the average price level in the United States, percent: 2022 – 120.4 percent, 2023 – 120.7 percent, 2024 – 122.0 percent, 2025 – 123.1 percent and 2026 – 124.8 percent.
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Tags: English, GDP, GDP PPP, projected GDP, IMF
Source: BusinessForecast.by