The year 2025 was a period of stabilisation for Switzerland amid an uncertain global environment. While the economy grew overall, developments throughout the year were uneven. The services sector remained relatively resilient, whereas industry and export-oriented companies faced fluctuating foreign demand, a strong Swiss franc, and increased uncertainty in international trade.
A positive factor was that inflation remained very low, which made cost planning easier for both businesses and households. On the other hand, economic growth gradually slowed, and in certain periods a decline in economic activity became apparent, particularly in sectors strongly linked to foreign markets.
An important topic in 2025 was also US trade policy. American tariffs on imports from Switzerland created uncertainty for exporters, even though their later reduction to 15% was perceived as a positive signal. Nevertheless, international trade remained sensitive to political decisions and global developments.
Outlook for 2026
The year 2026 is expected to bring moderate improvement and a more stable environment, although the pace of growth is likely to remain rather modest. Inflation is expected to stay low, and economic conditions should be more predictable than in previous years. Companies will continue to focus on increasing efficiency, automation, and process optimisation.
What This Means for Czech–Swiss Business
For cooperation between Czech and Swiss companies, 2026 will be particularly interesting in terms of finding efficient and reliable partners. Swiss companies will continue to look for ways to optimise production, supply chains, and operating costs, while Czech firms can offer strong technical expertise, flexibility, and high-quality manufacturing capabilities.
At the same time, the importance of long-term partnerships, mutual trust, and the ability to navigate the regulatory environments of both countries will continue to grow. In a world where global uncertainty remains a reality, cooperation within Europe and between stable economies will be a key factor for success.