Switzerland: Services, value added (current US$)

Key figures

What the numbers say

In 2025, Switzerland's services, value added (current US$) rose 8% on 2024 (from US$693.01 billion to US$748.7 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +4.4% and a typical year strayed about 7.3% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 18.6% in 2011 and the biggest yearly fall was 12.9% in 1997. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$27.41 billion a year. A straight line explains 91% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Switzerland had the 16th highest value of the 158 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Switzerland in the 2025 ranking

• Korea, Rep. — 12th of 158: US$1.07 trillion
• Türkiye — 13th of 158: US$949.18 billion
• Netherlands — 14th of 158: US$938.42 billion
• Indonesia — 16th of 158: US$635.24 billion
• Saudi Arabia — 17th of 158: US$624.75 billion
• Poland — 18th of 158: US$618.6 billion

What this measures

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 36 values

Services, value added (current US$) in nearby economies

• Albania — US$15.18 billion (2025)
• Andorra — US$3.5 billion (2025)
• Armenia — US$17.94 billion (2025)
• Austria — US$371.15 billion (2025)
• Azerbaijan — US$34.4 billion (2025)
• Belarus — US$46.68 billion (2025)
• Belgium — US$516.76 billion (2025)
• Bosnia and Herzegovina — US$18.81 billion (2025)
• Bulgaria — US$82.8 billion (2025)
• Croatia — US$64.01 billion (2025)
• Cyprus

More economic policy & debt data for Switzerland

• Total reserves, including gold (current US$) — US$1.08 trillion (2025)
• Total reserves, excluding gold (current US$) — US$929.64 billion (2025)
• GDP (current US$) — US$1.04 trillion (2025)
• GDP (current LCU) — 867.55 billion (2025)
• GDP (constant 2015 US$) — US$848.58 billion (2025)
• GDP (constant LCU) — 808.09 billion (2025)
• GDP per capita (current US$) — US$114,769 (2025)
• GDP per capita (current LCU) — 95,414 (2025)
• GDP per capita (constant 2015 US$) — US$93,328 (2025)
• GDP per capita (constant LCU) — 88,875 (2025)

Reading data like this

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Questions people ask

What is Switzerland's services, value added (current US$)?

US$748.7 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 325.57% from US$175.93 billion in 1990 (4.22% a year on average, compounded). The highest value was US$748.7 billion in 2025 and the lowest US$175.93 billion in 1990.

How does Switzerland rank?

16th highest of 158 economies with data for 2025.

Is the latest change in services, value added (current US$) unusual for Switzerland?

In 2025, Switzerland's services, value added (current US$) rose 8% on 2024 (from US$693.01 billion to US$748.7 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +4.4% and a typical year strayed about 7.3% from that (the standard deviation). This year's change was 0.5 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NV.SRV.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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