Svizzera - Conto Corrente

Switzerland's current account surplus narrowed slightly to CHF 21.3 billion in the second quarter of 2019 from CHF 21.7 billion in the same period last year, as the goods surplus fell to CHF 14.2 billion from CHF 14.5 billion and the primary income surplus declined to CHF 4.6 billion from CHF 4.9 billion. Meanwhile, the services surplus was unchanged at CHF 4.7 billion and the secondary income deficit was flat at CHF 2.3 billion.

The Swiss current account surplus rose to CHF 17.2 billion in the first quarter of 2019 from CHF 16.8 billion in the corresponding period of the previous year. The services surplus widened to CHF 6.8 billion from CHF 5.5 billion a year earlier and the goods surplus was barely unchanged at CHF 16 billion. Meantime, the primary income deficit fell to CHF 2.5 billion from CHF 2.7 billion while the secondary income gap edged up to CHF 3.0 billion from CHF 2.0 billion.

The Swiss current account surplus rose to CHF 15.2 billion in the fourth quarter of 2018 from CHF 12.9 billion in the corresponding period of the previous year. The services surplus widened to CHF 4.2 billion from CHF 3.4 billion a year earlier, while the primary income gap fell to CHF 1.4 billion from CHF 2.9 billion and the secondary income deficit narrowed sharply to CHF 2.5 billion from CHF 4.1 billion. Meanwhile, the goods surplus decreased to CHF 14.8 billion from CHF 16.5 billion a year ago. Considering 2018 full year, the current account surplus increased to CHF 70.6 billion from CHF 44.7 billion in 2017.