The ratio of national debt to gross domestic product (GDP) of Switzerland was approximately 37.58 percent in 2024. Between 1990 and 2024, the ratio rose by around 4.25 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is expected to drop by about 5.20 percentage points between 2024 and 2030, showing a continuous downward movement throughout the period.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. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

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.

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.

Switzerland debt to gdp ratio for 2023 was 20.10%, a 2.29% increase from 2022.

<ul style='margin-top:20px;'>

<li>Switzerland debt to gdp ratio for 2022 was <strong>17.80%</strong>, a <strong>2.18% decline</strong> from 2021.</li>
<li>Switzerland debt to gdp ratio for 2021 was <strong>19.99%</strong>, a <strong>0.87% decline</strong> from 2020.</li>
<li>Switzerland debt to gdp ratio for 2020 was <strong>20.85%</strong>, a <strong>1.9% increase</strong> from 2019.</li>
</ul>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 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 136.30 percent in 2024 from 137.50 percent in 2023. Switzerland Private Debt to GDP - values, historical data, forecasts and news - updated on July of 2025.

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.

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.

The national debt of Switzerland was approximately 355.41 billion U.S. dollars in 2024. Between 1990 and 2024, the national debt rose by around 214.22 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The national debt is expected to drop by about 10.42 billion U.S. dollars between 2024 and 2030, showing a continuous downward movement throughout the period.

The here depicted ratio of national debt to gross domestic product (GDP) of Switzerland lies at approximately 36.90 percent in 2025.Fluctuating rise between 1990 and 2025Compared to the earliest depicted observation from 1990 there is a total increase by approximately 3.57 percentage points. From the pattern between 1990 and 2025 it becomes clear that this increase however did not happen continuously.Continuous decline between 2025 and 2030The ratio will lie at close to 32.38 percent in 2030, according to forecasts. Compared to 2025 this is an overall decrease by approximately 4.52 percentage points. This decrease reflects a consistent falling trend.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. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Households Debt in Switzerland decreased to 125.40 percent of GDP in the fourth quarter of 2024 from 125.70 percent of GDP in the third quarter of 2024. This dataset provides - Switzerland Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Central government debt, total (% of GDP) in Switzerland was reported at 20.1 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Switzerland - Central government debt, total (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

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.

The ratio of government expenditure to GDP in Switzerland was about 31.97 percent in 2024. From 1983 to 2024, the ratio rose by approximately 2.97 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the ratio will rise by around 0.31 percentage points, showing an overall upward trend with periodic ups and downs.Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.

Household debt to GDP, in percent in Switzerland, December, 2024 The most recent value is 125.4 percent as of December 2024, a decline compared to the previous value of 125.7 percent. Historically, the average for Switzerland from December 1999 to December 2024 is 114.82 percent. The minimum of 99.4 percent was recorded in December 2001, while the maximum of 136 percent was reached in March 2021. | TheGlobalEconomy.com

Switzerland: Government debt as percent of GDP: The latest value from 2023 is 36.6 percent, a decline from 36.92 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Switzerland from 1991 to 2023 is 45.78 percent. The minimum value, 35.08 percent, was reached in 1991 while the maximum of 57.59 percent was recorded in 2002.

External Debt in Switzerland increased to 2023820.83 CHF Million in the first quarter of 2025 from 1988486.98 CHF Million in the fourth quarter of 2024. This dataset provides - Switzerland External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The budget balance in relation to the gross domestic product (GDP) in Switzerland amounted to approximately 0.58 percent in 2024. Between 1983 and 2024, the budget balance rose by around 1.16 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The budget balance is forecast to decline by about 0.48 percentage points from 2024 to 2030, fluctuating as it trends downward.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

In 2024, 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 *** 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.