Switzerland recorded a Government Debt to GDP of 37.90 percent of the country's Gross Domestic Product in 2024. This dataset provides - Switzerland Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The ratio of national debt to gross domestic product (GDP) in Switzerland was forecast to continuously decrease between 2024 and 2029 by in total 4.6 percentage points. After the ninth consecutive decreasing year, the ratio is estimated to reach 27.26 percent and therefore a new minimum in 2029. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more statistics on other topics about Switzerland with key insights such as the growth of the real the gross domestic product, the budget balance in relation to the gross domestic product, and the number of employed people.

Key information about Switzerland Government Debt: % of GDP

• Switzerland Government debt accounted for 23.3 % of the country's Nominal GDP in Dec 2028, compared with the ratio of 23.8 % in the previous year.
• Switzerland government debt to GDP ratio data is updated yearly, available from Dec 1990 to Dec 2028.
• The data reached an all-time high of 47.2 % in Dec 1998 and a record low of 23.3 % in Dec 2028.

Related information about Switzerland Government Debt: % of GDP

• In the latest reports, Switzerland National Government Debt reached 235.6 USD bn in Dec 2022.
• The country's Nominal GDP reached 213.3 USD bn in Mar 2023.

The national debt in Switzerland was forecast to continuously decrease between 2024 and 2029 by in total 9.9 billion U.S. dollars (-3.26 percent). After the eighth consecutive decreasing year, the national debt is estimated to reach 293.97 billion U.S. dollars and therefore a new minimum in 2029. According to the International Monetary Fund, the general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future.Find more statistics on other topics about Switzerland with key insights such as the average inflation rate, the gross domestic product per capita, and the gross domestic product in current prices.

Key information about Switzerland External Debt: % of GDP

• Switzerland External Debt accounted for 238.7 % of the country's Nominal GDP in 2023, compared with the ratio of 272.2 % in the previous year.
• Switzerland External Debt: % of Nominal GDP data is updated yearly, available from Dec 1999 to Dec 2023.
• The data reached an all-time high of 292.5 % in Dec 2021 and a record low of 170.4 % in Dec 1999.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and annual Nominal GDP. Swiss National Bank provides External Debt in local currency. State Secretariat for Economic Affairs provides Nominal GDP in local currency.


Related information about Switzerland External Debt: % of GDP

• In the latest reports of Switzerland, Current Account recorded a surplus of 17.3 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) fell by 836.4 USD mn in Sep 2024.
• Switzerland Direct Investment Abroad expanded by 43.8 USD bn in Jun 2024.
• Its Foreign Portfolio Investment fell by 2.3 USD bn in Sep 2024.
• The country's External Debt reached 2,324,031.9 in Sep 2024.
• The country's Nominal GDP was reported at 213.3 USD bn in Mar 2023.

Private Debt to GDP in Switzerland decreased to 269.60 percent in 2023 from 275.60 percent in 2022. Switzerland Private Debt to GDP - values, historical data, forecasts and news - updated on March of 2025.

Government Debt in Switzerland increased to 208646 CHF Million in 2023 from 204863 CHF Million in 2022. This dataset provides - Switzerland General Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The ratio of government expenditure to GDP in Switzerland was forecast to continuously increase between 2024 and 2029 by in total 0.3 percentage points. The ratio is estimated to amount to 31.82 percent in 2029. Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.Find more statistics on other topics about Switzerland with key insights such as the national debt, the gross domestic product per capita, and the budget balance in relation to the gross domestic product.

Key information about Switzerland Household Debt: % of GDP

• Switzerland household debt accounted for 128.2 % of the country's Nominal GDP in Dec 2023, compared with the ratio of 128.4 % in the previous year.
• Switzerland household debt to GDP ratio is updated yearly, available from Dec 1999 to Dec 2023.
• The data reached an all-time high of 137.1 % in Dec 2020 and a record low of 102.0 % in Dec 2001.

CEIC calculates annual Household Debt as % of Nominal GDP from annual Household Debt and annual Nominal GDP. Swiss National Bank provides Household Debt in local currency. State Secretariat for Economic Affairs provides Nominal GDP in local currency. Household Debt includes NPISH.


Related information about Switzerland Household Debt: % of GDP

• In the latest reports, Switzerland Household Debt reached 1,225.8 USD bn in Dec 2023.
• Money Supply M2 in Switzerland dropped 10.4 % YoY in Jun 2023.
• Switzerland Foreign Exchange Reserves was measured at 816.7 USD bn in Aug 2024.
• The Foreign Exchange Reserves equaled 28.2 Months of Import in Sep 2024.
• Switzerland Domestic Credit reached 1,657.8 USD bn in Sep 2024, representing an increased of 1.9 % YoY.
• The country's Non Performing Loans Ratio stood at 0.7 % in Dec 2022, compared with the ratio of 0.7 % in the previous year.

External Debt in Switzerland increased to 1988486.98 CHF Million in the fourth quarter of 2024 from 1956730.75 CHF Million in the third quarter of 2024. This dataset provides - Switzerland External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Switzerland debt to gdp ratio for 2022 was 18.15%, a 1.92% decline from 2021.

• Switzerland debt to gdp ratio for 2021 was 20.07%, a 0.85% decline from 2020.
• Switzerland debt to gdp ratio for 2020 was 20.93%, a 1.84% increase from 2019.
• Switzerland debt to gdp ratio for 2019 was 19.08%, a 0.32% increase from 2018.

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Key information about Switzerland Total Debt: % of GDP

• Switzerland Total Debt accounted for 934.5 % of the country's GDP in 2023, compared with the ratio of 971.6 % in the previous year.
• Switzerland Total Debt: % of GDP data is updated yearly, available from Dec 1999 to Dec 2023.
• The data reached an all-time high of 1,072.6 % in Dec 2020 and a record low of 705.1 % in Dec 2001.

CEIC calculates annual Total Debt as % of Nominal GDP from annual Total Debt and annual Nominal GDP. Total Debt is calculated as the Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives. Swiss National Bank provides Total Debt in local currency. State Secretariat for Economic Affairs provides Nominal GDP in local currency.

Key information about Switzerland National Government Debt

• Switzerland National Government Debt reached 267.5 USD bn in Dec 2022, compared with 256.9 USD bn in the previous year.
• Switzerland National Government Debt data is updated yearly, available from Dec 1990 to Dec 2022.
• The data reached an all-time high of 267.5 USD bn in Dec 2022 and a record low of 82.4 USD bn in Dec 1990.

CEIC converts annual Government Debt into USD. Federal Finance Administration provides Government Debt in local currency. The Federal Reserve Board period end market exchange rate is used for currency conversions.


Related information about Switzerland National Government Debt

• In the latest reports, Switzerland Consolidated Fiscal Balance recorded a deficit equal to 0.3 % of its Nominal GDP in Dec 2021.
• The country's Government debt accounted for 25.1 % of its Nominal GDP in Dec 2026.
• Switzerland Nominal GDP reached 213.3 USD bn in Mar 2023.

Switzerland Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits data was reported at 0.000 % in Jun 2018. This stayed constant from the previous number of 0.000 % for Mar 2018. Switzerland Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits data is updated quarterly, averaging 0.000 % from Mar 1995 (Median) to Jun 2018, with 94 observations. The data reached an all-time high of 48.898 % in Dec 1998 and a record low of 0.000 % in Jun 2018. Switzerland Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Switzerland – Table CH.World Bank.QPSD: Gross Public Debt: % of GDP: General Government.

This dataset provides values for GOVERNMENT DEBT TO GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Switzerland Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year: Loans data was reported at 0.029 % in Dec 2017. This records an increase from the previous number of 0.028 % for Dec 2016. Switzerland Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year: Loans data is updated quarterly, averaging 0.752 % from Dec 1995 (Median) to Dec 2017, with 23 observations. The data reached an all-time high of 5.151 % in Dec 2002 and a record low of 0.028 % in Dec 2016. Switzerland Gross Public Debt: % of GDP: Central Government: Long Term: Over 1 Year: Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Switzerland – Table CH.World Bank: QPSD: Gross Public Debt: % of GDP: Central Government.

Switzerland Gross Public Debt: % of GDP: General Government: Short Term data was reported at 12.493 % in Dec 2017. This records an increase from the previous number of 12.363 % for Dec 2016. Switzerland Gross Public Debt: % of GDP: General Government: Short Term data is updated quarterly, averaging 13.059 % from Dec 1995 (Median) to Dec 2017, with 23 observations. The data reached an all-time high of 20.566 % in Dec 1995 and a record low of 11.858 % in Dec 2009. Switzerland Gross Public Debt: % of GDP: General Government: Short Term data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Switzerland – Table CH.World Bank: QPSD: Gross Public Debt: % of GDP: General Government.

The statistic shows the gross domestic product (GDP) in Switzerland from 1987 to 2023, with projections up until 2029. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2023, GDP in Switzerland amounted to around 894.81 billion U.S. dollars. Economy and gross domestic product of Switzerland Switzerland’s gross domestic product has hardly been affected by the global economic crisis of 2008, if anything, figures have been increasing steadily. After a brief stint in the negative range in 2009, gross domestic product / GDP growth in Switzerland has been positive every year, with 2010 marking the most successful year since the crisis. Switzerland’s share in global GDP (adjusted for Purchasing Power Parity) however, has been declining continually for the past decade. All in all, Switzerland is a fairly wealthy country with a stable economy. This is reflected in its employment figures and national debt, as well as the abovementioned fact that Switzerland remained largely unaffected by the economic crisis. Additionally, Switzerland was first on a ranking of countries with the highest wealth per adult, with an average national wealth of more than 540 million US dollars per Swiss adult. Subsequently, Switzerland is also one of the leading countries with the highest rate of millionaires, which is probably due to Switzerland’s unequaled low tax rates. Switzerland’s economy is said to be highly competitive, its most important sector is manufacturing, with numerous large corporations being headquartered in the country. Main exports include chemicals, as well as precision watches and instruments.

In 2022, the value of the lending to households in Switzerland as a share of its gross domestic product (GDP) was higher than in any of the countries selected here. Australian, Canadian, and South Korean households had an amount of credit which was higher than the overall size of their economy. That year, household lending in Argentina amounted to 4 percent of its GDP, which was the lowest figure in the ranking.

What is the household debt?

Household debt, also known as family debt, includes loans taken to pay for the home or other property, education, vehicles, and other expenses. The largest component of this is mortgage debt, which is seen by many as a way to build long-term equity. As such, households are willing to take on a large amount of this debt with the goal of owning an asset that holds value and can be used as a residence in the meantime.

The cost of debt

The cost of a loan depends on a number of factors such as the interest rate, borrower’s credit risk or time period of a loan. The value of mortgage and the rate of return on assets such as real estate also depend largely on geographic location. The highest borrowers in this statistic are likely living in countries where credit is affordable and expected returns are relatively high, incentivizing heavy borrowing.

Key information about Switzerland External Debt: Short Term: % of GDP

• Switzerland External Debt: Short Term accounted for 115.7 % of the country's Nominal GDP in 2023, compared with the ratio of 140.6 % in the previous year.
• Switzerland External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 1999 to 2023.
• The data reached an all-time high of 203.7 % in 2007 and a record low of 115.7 % in 2023.

CEIC calculates Short Term External Debt as % of Nominal GDP from annual Short Term External Debt and annual Nominal GDP. Swiss National Bank provides Short Term External Debt in local currency. State Secretariat for Economic Affairs provides Nominal GDP in local currency.


Related information about Switzerland External Debt: Short Term: % of GDP

• In the latest reports of Switzerland, Current Account recorded a surplus of 17.3 USD bn in Mar 2023.
• Foreign Direct Investment (FDI) fell by 836.4 USD mn in Sep 2024.
• Switzerland Direct Investment Abroad expanded by 43.8 USD bn in Jun 2024.
• Its Foreign Portfolio Investment fell by 2.3 USD bn in Sep 2024.
• Switzerland External Debt: Short Term value stood at 1,155.2 USD bn in Dec 2023.
• The country's Nominal GDP was reported at 213.3 USD bn in Mar 2023.