Location promotion BL 2

The Swiss economy grew at a below-average rate in 2024. BAK Economics estimates price-adjusted growth in gross domestic product (GDP) at 0.9 %. The global economic situation and the appreciation of the Swiss franc weighed on the export-oriented sectors. In contrast, private consumer spending stabilized the domestic market-oriented sectors. The Basel Area economy recorded stronger GDP growth than the national average in 2024, increasing by 1.4 %. Life sciences companies were primarily responsible for the higher growth
. An acceleration
of economic growth across Switzerland to 1.4 % is forecast for 2025, supported by
an expected recovery in the global economy. In Baselland, the BAK experts anticipate significantly stronger GDP growth of 2.2 % at
. Nevertheless, various risks remain, particularly in connection with geopolitical tensions and possible turbulence on the
financial markets.