Switzerland - Current Account Balance





Switzerland: Current Account Balance

Mnemonic TAB.ICHE
Unit Mil. CHF, NSA
Adjustments Not Seasonally Adjusted
Quarterly 8.06 %
Data 2018 Q4 15,181
2018 Q3 16,512

Series Information

Source Banque National Suisse
Release Balance of Payments and International Investment Position
Frequency Quarterly
Start Date 3/31/1972
End Date 12/31/2018

Switzerland: Trade

Reference Last Previous Units Frequency
Balance of Goods 2018 Q4 14,987 11,607 Mil. CHF, CDASA Quarterly
Current Account Balance 2018 Q4 15,181 16,512 Mil. CHF, NSA Quarterly
Exports of Goods 2018 Q4 79,083 81,346 Mil. CHF, CDASA Quarterly
Exports of Goods and Services 2018 Q4 110,258 113,383 Mil. CHF, CDASA Quarterly
Imports of Goods 2018 Q4 64,096 69,738 Mil. CHF, CDASA Quarterly
Imports of Goods and Services 2018 Q4 88,386 94,747 Mil. CHF, CDASA Quarterly
Net Exports 2018 Q4 21,871 18,635 Mil. CHF, CDASA Quarterly
Real Exports of Goods and Services 2018 Q4 121,336 125,243 Mil. Ch. 2010 CHF, CDASA Quarterly
Real Imports of Goods and Services 2018 Q4 93,410 101,011 Mil. Ch. 2010 CHF, CDASA Quarterly
Real Net Exports 2017 92,077,714,600 86,414,056,400 NCU Annual

Release Information

The source writes:

The topic ‘international economic affairs’ covers information on Switzerland’s foreign trade, balance of payments and international investment position, on direct investment, the operational activities of multinational enterprises, as well as on a number of international indicators.

 Data are disseminated in millions of Swiss francs (CHF) on the balance of payments and show:

  1. Exports and imports of goods
  2. Exports and imports of services
  3. Receipts and payments of income (from which data for the prescribed component of net income receipts can be derived)
  4. Receipts and payments of current transfers (from which data for the prescribed component of net current transfers can be derived)
  5. Financial transactions
  6. Reserve assets

According to the source:

Definitions

Direct investment

Definition: The objective of direct investment is to exert a direct and lasting influence on the operations of a company abroad. As a rule, a direct investment relationship is deemed to exist if an investor (direct investor) owns at least 10% of the voting stock of a company (direct investment company) abroad or sets up a subsidiary or branch abroad. As soon as a direct investment relationship has been established, all cross-border intragroup financial linkages generally qualify as direct investment.

Portfolio investment

Definition: Portfolio investments are cross-border transactions in connection with the purchase and sale of equity and debt securities which are not covered by direct investment or reserve assets. Unlike direct investment, the emphasis is on income rather than the influence on the business activities of a company.

Other investment

Definition: ‘Other investment’ covers all financial investment which is not included under direct investment, portfolio investment, derivatives or reserve assets.

Reserve assets

Definition: Reserve assets are central bank assets denominated in foreign currencies or gold. Reserve assets within the financial account comprise transactions in these assets.

Other sectors - total includes direct investment loans.

Short term money market instruments of Banks are also included in money market instruments of the other sectors

Long term bonds and notes of Banks are also included in bonds of the other sectors.

Data is subject to revision. 

Annual data may lag quarterly data.

Reported figures are rounded so components may not sum precisely.

For more information, please visit the SNB at https://data.snb.ch/en

Categories follow the BPM6 standard. For more information, please visit https://www.imf.org/external/pubs/ft/bop/2007/pdf/bpm6.pdf