Switzerland - Balance of Goods

Switzerland: Balance of Goods

Mnemonic	TRBG.ICHE
Unit	Mil. CHF, CDASA
Adjustments	Calendar Adjusted and Seasonally Adjusted
	Quarterly	29.42 %
Data	2021 Q4	22,808
	2021 Q3	32,317

Series Information

Source	State Secretariat for Economic Affairs (SECO) - Switzerland
Release	Gross domestic product
Frequency	Quarterly
Start Date	3/31/1980
End Date	12/31/2021

Switzerland: Trade

	Reference	Last	Previous	Units	Frequency
Balance of Goods	2021 Q4	22,808	32,317	Mil. CHF, CDASA	Quarterly
Current Account Balance	2021 Q4	14,296	24,319	Mil. CHF, NSA	Quarterly
Exports of Goods	2021 Q4	102,703	101,970	Mil. CHF, CDASA	Quarterly
Exports of Goods and Services	2021 Q4	135,671	134,023	Mil. CHF, CDASA	Quarterly
Imports of Goods	2021 Q4	79,895	69,653	Mil. CHF, CDASA	Quarterly
Imports of Goods and Services	2021 Q4	109,593	100,057	Mil. CHF, CDASA	Quarterly
Net Exports	2021 Q4	26,078	33,966	Mil. CHF, CDASA	Quarterly
Real Exports of Goods and Services	2021 Q4	125,458	123,165	Mil. Ch. 2015 CHF, CDASA	Quarterly
Real Imports of Goods and Services	2021 Q4	95,418	87,885	Mil. Ch. 2015 CHF, CDASA	Quarterly
Real Net Exports	2017	92,077,714,600	86,414,056,400	NCU	Annual

Release Information

Description

For Switzerland, the expenditure and production approaches to gross domestic product (a.k.a. "use of GDP") from the quarterly national accounts. From 1980.

Quarterly

Active:

Framework: ESA 2010
Industry classification: NOGA 2008, modeled after NACE Rev. 2
Measurements:
- Millions of Swiss francs at chained year-2015 prices (Mil. Ch. 2015 CHF)
- At current prices
Adjustments:
- Calendar day adjusted, seasonally adjusted, sports adjusted (CDASA Sports Adjusted)
- Calendar day adjusted and seasonally adjusted (CDASA)
- Seasonally adjusted (SA)
- Not seasonally adjusted (NSA)
Native frequency: Quarterly
Start dates:
- 1980Q1 for GDP(E)
- 1980Q1 for GDP(O) in sports adjusted form
- 1990Q1 for remaining GDP(O)

Predecessors:

ESA 2010 at 2010 prices - 1980 to 2020
ESA 1995 at 2005 prices - 1980 to 2014
ESA 1995 at 1990 prices - 1980 to 2003

Annual GFCF detail

Active:

Measurement: Millions of Swiss francs at current prices (Mil. CHF)
Adjustment: Not applicable
Native frequency: Annual
Start date: Uniformly 1995

Predecessor:

Pre-2020 benchmark - 1995 to 2018 ("_19")

The source produces national accounts data in current prices (CHF) and in real terms, as well as seasonally adjusted and not seasonally adjusted. Real data in millions of chained 2015 CHF are published with implicit deflators. The source publishes GDP for multiple expenditure categories.

The Swiss QNA are compiled by a so-called indirect estimation approach, based on temporal disaggregation techniques. Quarterly estimates are derived from the available annual data, using statistical methods and quarterly indicators. The accuracy of the preliminary annual estimates, obtained as the sum of the quarterly estimated values, depends to a large extent on the quality of the available and retained quarterly indicators. For seasonal and trading days adjustment, Swiss QNA currently relies on the X13-Arima-Seats method.

Switzerland aggregates GDP(E) to "domestic demand" and "total demand".

Within GVA, the "arts, entertainment and recreation" branch (and hence total GDP) is reported using an additional analytic variant, viz., triple-adjusted: seasonal, calendar day, and sports event. This branch contains GVA earned by the several major international sports associations based in Switzerland, which occurs on a four-year cycle. This special adjustment facilitates business cycle analysis. This is the first such situation encountered by Data Buffet.

Notes

The special situation "CDASA Sports Adjusted" applies to only four series: the "arts, entertainment and recreation" branch and total GDP, in both nominal and real terms.