In 2023, Switzerland’s agricultural output stood at 11.50 Billion Euros. From the data, the projected figures for agricultural output from 2024 to 2028 show a sustained growth trend. The yearly forecasts are 11.86 Billion Euros (2024), 12.11 Billion Euros (2025), 12.36 Billion Euros (2026), 12.6 Billion Euros (2027), and 12.85 Billion Euros (2028).
Year-on-year variations indicate:
• From 2024 to 2025: 2.11% increase
• From 2025 to 2026: 2.06% increase
• From 2026 to 2027: 1.94% increase
• From 2027 to 2028: 1.98% increase
Over the five-year period, the Compound Annual Growth Rate (CAGR) stands at approximately 2%. This sustained growth trend points toward steady expansion in agricultural production.
Future trends to watch for include technological advancements in agriculture, changes in EU agricultural policies, market demand fluctuations, and potential impacts of climate change. These factors could significantly affect productivity and economic outcomes in the agricultural sector of Switzerland.