Forecast: Financial Services and Insurance Output in Switzerland

The financial services and insurance output in Switzerland is forecasted to remain stable at 6.5% of the total output from 2024 to 2027, with a slight decline to 6.4% in 2028. Compared to 2023, there are no significant changes in the year-on-year variation from 2024 to 2027, indicating a stable trend. The annual average variation per year over the last five years (CAGR) is negligible, suggesting minimal fluctuations in this sector.

Future trends to watch for include the impact of digital transformation on service delivery, potential regulatory changes, and the influence of global economic conditions on local financial markets. Additionally, evolving consumer preferences and technological advancements will play critical roles in shaping the future landscape of the financial services and insurance sector in Switzerland.