Switzerland - Current Account Balance

Switzerland: Current Account Balance

Mnemonic TAB.ICHE
Unit Mil. CHF, NSA
Adjustments Not Seasonally Adjusted
Quarterly 33.25 %
Data 2022 Q1 19,049
2021 Q4 14,296

Series Information

Source Banque National Suisse
Release Balance of Payments and International Investment Position
Frequency Quarterly
Start Date 3/31/1972
End Date 3/31/2022

Switzerland: Trade

Reference Last Previous Units Frequency
Balance of Goods 2022 Q1 23,217 22,400 Mil. CHF, CDASA Quarterly
Current Account Balance 2022 Q1 19,049 14,296 Mil. CHF, NSA Quarterly
Exports of Goods 2022 Q1 108,336 102,717 Mil. CHF, CDASA Quarterly
Exports of Goods and Services 2022 Q1 141,579 137,521 Mil. CHF, CDASA Quarterly
Imports of Goods 2022 Q1 85,118 80,316 Mil. CHF, CDASA Quarterly
Imports of Goods and Services 2022 Q1 115,519 111,300 Mil. CHF, CDASA Quarterly
Net Exports 2022 Q1 26,059 26,220 Mil. CHF, CDASA Quarterly
Real Exports of Goods and Services 2022 Q1 127,765 127,471 Mil. Ch. 2015 CHF, CDASA Quarterly
Real Imports of Goods and Services 2022 Q1 97,397 96,821 Mil. Ch. 2015 CHF, CDASA Quarterly
Real Net Exports 2017 92,077,714,600 86,414,056,400 NCU Annual

Release Information

For Switzerland, the detailed quarterly balance of payments, international investment position, and external debt.

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.


  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


  • Framework: IMF BPM6
  • Measurement: Millions of Swiss francs (Mil. CHF)
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequencies:
    • Quarterly
    • Annual
  • Start date: As early as 1972Q1


  • BPM5 - 1972 to 2013 ("_B5")

The source writes:


Direct investment
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
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
All financial investment which is not included under direct investment, portfolio investment, derivatives or reserve assets.
Reserve assets
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.

Change in method

Before 2021, series had a framework break from BPM5 to BPM6. In late 2021, the source imposed BPM6 consistently, which back-extended some quarterly and annual series.

Annual data may lag quarterly data.

Reported figures are rounded so components may not sum precisely.

Further reading