Manufacturing Sector Contribution to GDP in Switzerland (1990-2022)

Manufacturing Sector Contribution to GDP in Switzerland (1990-2022)

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in Switzerland (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Switzerland
Published date: 2024
Note: Manufacturing (% of GDP), according to World Development Indicators, measures the contribution of the manufacturing sector to a country's Gross Domestic Product (GDP).
Key Takeaways
Switzerland’s manufacturing sector started at 19.8% of GDP in 1990, maintaining steady levels through economic cycles. The sector experienced a temporary decline during the 2008 financial crisis but regained strength to 19.1% by 2021. Manufacturing resilience, even during economic downturns, reflects Switzerland’s high-value manufacturing focus, particularly in pharmaceuticals, machinery, and chemicals. However, a minor decrease to 18.4% in 2022 suggests a gradual rebalancing towards services. Switzerland’s robust manufacturing base, driven by high-end exports, remains competitive despite the sector's modest GDP share adjustments.

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