Switzerland - Current Account Balance

Switzerland: Current Account Balance

Mnemonic TAB.ICHE
Unit Mil. CHF, NSA
Adjustments Not Seasonally Adjusted
Quarterly 5.84 %
Data 2019 Q3 18,091
2019 Q2 19,214

Series Information

Source Banque National Suisse
Release Balance of Payments and International Investment Position
Frequency Quarterly
Start Date 3/31/1972
End Date 9/30/2019

Switzerland: Trade

Reference Last Previous Units Frequency
Balance of Goods 2019 Q3 17,020 14,125 Mil. CHF, CDASA Quarterly
Current Account Balance 2019 Q3 18,091 19,214 Mil. CHF, NSA Quarterly
Exports of Goods 2019 Q3 89,529 82,594 Mil. CHF, CDASA Quarterly
Exports of Goods and Services 2019 Q3 121,968 114,878 Mil. CHF, CDASA Quarterly
Imports of Goods 2019 Q3 72,508 68,469 Mil. CHF, CDASA Quarterly
Imports of Goods and Services 2019 Q3 98,741 94,504 Mil. CHF, CDASA Quarterly
Net Exports 2019 Q3 23,226 20,373 Mil. CHF, CDASA Quarterly
Real Exports of Goods and Services 2019 Q3 131,426 125,061 Mil. Ch. 2010 CHF, CDASA Quarterly
Real Imports of Goods and Services 2019 Q3 101,535 98,839 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:


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