Switzerland GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Switzerland's gdp deflator was 2.23% in 2025, ranked 183rd globally. This represents a 73.4% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Switzerland's gdp deflator stood at 2.23% in 2025, a rise of +0.95pp from 2024. Based on recent trends, this figure is projected to reach 2.23% by 2025. Switzerland ranked 183rd globally.
Switzerland’s GDP deflator has fallen sharply from a post‑oil‑crisis high of 9.80 % in 1972 to a historic low of –1.27 % in 2015, reflecting periods of deflationary pressure that coincided with global recessions and the Eurozone debt crisis. Over the 65‑year span from 1961, when the index stood at 4.06 %, the price level has generally trended downward, reaching a modest 2.23 % in 2025, which places the country at rank 183 worldwide. This recent figure is virtually identical to Chad’s 2.24 % and only marginally above India’s 2.18 %, underscoring Switzerland’s alignment with other economies experiencing low inflation in the current monetary environment. The persistent proximity to the zero‑inflation threshold suggests that future movements will be highly sensitive to monetary policy adjustments and external price shocks; a sustained tightening of policy could nudge the deflator back into modest positive territory.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 2.94% | - | - |
| 2026* trend | 2.59% | - | - |
| 2025* trend | 2.23% | - | - |
| 2025 | 2.23% | +0.95pp | #183 |
| 2024 | 1.29% | +0.39pp | #30 |
| 2023 | 0.90% | −2.14pp | #31 |
| 2022 | 3.04% | +1.72pp | #33 |
| 2021 | 1.32% | +2.02pp | #26 |
| 2020 | -0.70% | −0.60pp | #41 |
| 2019 | -0.10% | −0.87pp | #29 |
| 2018 | 0.76% | +1.13pp | #31 |
| 2017 | -0.37% | +0.22pp | #12 |
| 2016 | -0.58% | +0.68pp | #23 |
| 2015 | -1.27% | −0.61pp | #30 |
| 2014 | -0.65% | −0.57pp | #24 |
| 2013 | -0.09% | −0.15pp | #29 |
| 2012 | 0.06% | +0.08pp | #16 |
| 2011 | -0.02% | −0.33pp | #16 |
Detected Pattern
Analysis
Switzerland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Switzerland's gdp deflator was 2.23% in 2025. Ranked 183rd globally. This represents a 73.4% increase from the previous year.
Switzerland's gdp deflator peaked at 9.80% in 1972.
The lowest gdp deflator in Switzerland was -1.27% in 2015.
Switzerland ranks 183rd globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Switzerland's gdp deflator is projected to reach 2.23% by 2025 based on trend extrapolation.
The gdp deflator of Switzerland in 2025 was 2.23%. This ranks 183rd in the world.
Cite this page
@misc{historysaid_switzerland_gdp-deflator,
title = {Switzerland GDP Deflator},
url = {https://historysaid.com/switzerland/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}