Current Account: Down 13.72% against Q1/2019 to 17.4 bn. CHF
of which Goods Trade Balance: Plus 8.05% against Q1/2019 to 17.4 bn.
of which the Services Balance: Minus 53.84% to 3.02 bn.
of which Investment Income: Minus 0.54% to 6.3 bn. CHF.
Current Account Switzerland Q1 2020(see more posts on Switzerland Balance of Payments, Switzerland Capital Account, Switzerland Current Account, Switzerland Financial Account, ) Source: snb.ch – Click to enlarge
In the first quarter of 2020, the current account surplus amounted to CHF 17 billion, CHF 3 billion less than in the same quarter of 2019. This decline was principally due to trade in services, particularly licence fees, telecommunications, computer and information services, and