FX.co ★ Swiss Current Account Surplus Widens in Q3

In the third quarter of 2025, Switzerland's current account surplus significantly expanded, reaching CHF 15.4 billion—up from CHF 7.6 billion during the same period in the previous year. The primary income deficit improved considerably, reducing to CHF 3.3 billion from the previous CHF 9.9 billion. Similarly, the secondary income shortfall decreased to CHF 1.2 billion from CHF 5.4 billion observed a year earlier. Additionally, the deficit in the services account diminished to CHF 2.8 billion compared to CHF 4.6 billion. However, the goods account surplus experienced a contraction, falling to CHF 22.6 billion from CHF 29.1 billion in Q3 2024.