The coronavirus (COVID-19) of 2020 is affecting the economy in Switzerland and leading to forecasts regarding loss in added value, depending on the duration of the shutdown. While forecasts are still not completely conclusive at this point, due to the dynamic development of the situation, based on figures from April 2020, after a 2-month shutdown, added value loss may fall between 49.2 billion euros to 59 billion euros.
Forecast for loss in added value due to the coronavirus (COVID-19) in Switzerland in 2020, by duration of shutdowns
(in billion euros)
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ifo Institut. (April 1, 2020). Forecast for loss in added value due to the coronavirus (COVID-19) in Switzerland in 2020, by duration of shutdowns (in billion euros) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1110265/coronavirus-covid-19-aded-value-loss-forecast-by-shutdown-switzerland/
ifo Institut. "Forecast for loss in added value due to the coronavirus (COVID-19) in Switzerland in 2020, by duration of shutdowns (in billion euros)." Chart. April 1, 2020. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1110265/coronavirus-covid-19-aded-value-loss-forecast-by-shutdown-switzerland/
ifo Institut. (2020). Forecast for loss in added value due to the coronavirus (COVID-19) in Switzerland in 2020, by duration of shutdowns (in billion euros). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1110265/coronavirus-covid-19-aded-value-loss-forecast-by-shutdown-switzerland/
ifo Institut. "Forecast for Loss in Added Value Due to The Coronavirus (Covid-19) in Switzerland in 2020, by Duration of Shutdowns (in Billion Euros)." Statista, Statista Inc., 1 Apr 2020, https://www.statista.com/statistics/1110265/coronavirus-covid-19-aded-value-loss-forecast-by-shutdown-switzerland/
ifo Institut, Forecast for loss in added value due to the coronavirus (COVID-19) in Switzerland in 2020, by duration of shutdowns (in billion euros) Statista, https://www.statista.com/statistics/1110265/coronavirus-covid-19-aded-value-loss-forecast-by-shutdown-switzerland/ (last visited November 23, 2024)
Forecast for loss in added value due to the coronavirus (COVID-19) in Switzerland in 2020, by duration of shutdowns (in billion euros) [Graph], ifo Institut, April 1, 2020. [Online]. Available: https://www.statista.com/statistics/1110265/coronavirus-covid-19-aded-value-loss-forecast-by-shutdown-switzerland/