This ratio is considered a better indicator of a country's fiscal situation than just the national debt number because it shows the burden of debt relative to the country's total economic output and therefore its ability to repay it. The IMF calculated that Switzerland's net national debt was 27.95% of its GDP at the end of 2017. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. Cameroon. If you are an admin, please authenticate by logging in again. The last Article IV Executive Board Consultation was on June 10, 2022. Cayman Islands. This measures the wealth (value added) that has been created by economic activity on national territory. Source: World Bank > Switzerland > Switzerland National Debt. Debt-To-GDP Ratio: The debt-to-GDP ratio is the ratio of a country's public debt to its gross domestic product (GDP) . Profit from the additional features of your individual account. Governments issue debt to help pay for programs to stimulate economic growth, private investment and social programs, among various other items. statistic alerts) please log in with your personal account. 29.7%. Published: 17 February 2021 18:07 CET The coronavirus pandemic has taken its toll on Switzerland. Photo: FABRICE COFFRINI / AFP According to the IMF, Japan has a current gross government dept-to-GDP ratio in excess of 260%. Switzerland: National debt from 2017 to 2027 (in billion U.S. dollars) [Graph]. The GDP value of Switzerland represents 0.28 percent of the world economy. On a . Debt outstanding (including (disbursed Commit- Net disburse- Developing countries undisbursed) only) ments ments 87 Nonoil-exporting countries . For our full range please consult our pages in French and German (top right hand screen). World Economics has upgraded each country's GDP presenting it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Profit from the additional features of your individual account. Monitor Switzerland, Q2 2022 However, GDP is not an indicator of a society's well-being. Gross public debt was equivalent to 41.8% of GDP in 2017, according to the IMF, of which 14.5% of GDP is borne by the federal state (Confederation) and the remainder by the cantons. GDP: $668,293,000,000 Population: 8,237,060 . "That suggests the public finances are in a better position" and the debt . Switzerland debt to gdp ratio for 2014 was 20.33%, a 0.37% increase from 2013. Switzerland announced Wednesday that it ended 2020 with a record-breaking budget deficit of 15.8 billion Swiss francs ($17.6 billion, 14.6 billion euros) due to the Covid-19 pandemic. The Debt-to-GDP Ratio is the ratio between a country's government debt and its GDP. This statistic shows the national debt of Switzerland from 2017 to 2019 in relation to the gross domestic product (GDP), with projections up until 2027. The taxes that can be collected depend on the total of all economic activity. on behalf of international organisations of which Switzerland is a member. Turkey's Debt. as part of its contribution to the stability of the Swiss financial system. Thailand's Debt. and over 1Mio. Corporate solution including all features. In 2019, Switzerland's national. This is close to the highest level of public sector debt since 1962. For Developers; GDP (current US$) - Switzerland. Please do not hesitate to contact me. Government expenditure in Switzerland is expected to be 33.6% of GDP in 2022, 1.6 percentage points above the pre-pandemic level of 32.0%. In second . Switzerland. Millions of US Dollars, Quarterly, Not Seasonally Adjusted Q3 1975 to Q2 2022 (Sep 19) Then you can access your favorite statistics via the star in the header. Our pros compare and list the top trading Switzerland Debt Clock. $294. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Swiss economy - Overview. In order to finance new debt, the Japanese . Switzerland debt to gdp ratio for 2016 was 19.05%, a 1.18% decline from 2015. Government Debt to GDP in Switzerland decreased to 41.4 % in 2021. The revision affects the data series from their beginning up to the current edge. GDP (current US$) - Switzerland from The World Bank: Data. 30. Joint External Debt Hub; Open Data Toolkit; Quarterly External Debt Statistics; . Switzerland's government debt to gdp 5-year percentile is currently at 0.0%. Data published Quarterly by Central Bank. Please do not hesitate to contact me. The UK national debt is the total amount of money the British government owes to the private sector and other purchasers of UK gilts (e.g. countries-mainly those with an annual per At the same time, lending for traditional capita gross national product of less than projects continues, and is being redirected, $581 (in 1977 dollars). [32] Government Debt to GDP 2021: 41.4 % 42.6: Fiscal Expenditure 2021: 249.762 B USD: 252.361: Military Expenditure 2021: 5.738 B USD: 6.39: Government Budget to GDP in other . A low Debt-to-GDP Ratio indicates an economy that produces and sells goods and services sufficient to pay back debts without incurring further debt. What is Switzerland Government Debt to GDP Ratio? Note At the end of the second quarter in 2022, the national debt was about $30.6 trillion. The IMF Chart of the Week is part of the IMF Blog, a forum for the views of the International Monetary Fund staff and officials on pressing economic and policy issues of the day. SDR Interest Rate, Rate of Remuneration, Rate of Charge and Burden Sharing Adjustments. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. switzerland government debt to gdp Search Indicator: Choose Country Choose Indicator Switzerland Government Debt to GDP Last Release Dec 31, 2021 Actual 41.4 Units In % of GDP. Ireland debt to gdp ratio for 2015 was 88.53%, a 32.69% decline from 2014. . Current Switzerland National Debt: 19.81% GDP Switzerland National Debt for Dec 2016 Mean: 23.06% GDP Median: 23.17% GDP Min: 12.69% GDP (Dec 1990) Max: 30.39% GDP (Dec 2002) Switzerland central government debt (percent of GDP). 2.6. facts. In 2010 the federal budget of Switzerland was 62.8 billion Swiss francs, which was 11.35% of the country's GDP that year. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal, Show sources information The national accounts are an accounting framework which makes it possible to describe in a detailed and systematic way a country's economy, its components, and its relations with other economies. The overall national debt is $31.14 trillion as of the end of the second quarter of 2022, according to U.S. government reports. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook IMF. National debt is fairly self explanatory. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal, Show sources information If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Use Ask Statista Research Service, COVID-19 deaths worldwide as of October 24, 2022, by country and territory, COVID-19 cases worldwide as of October 24, 2022, by country or territory, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of October 24, 2022, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Oct. 23, 2022, by day. The accounting framework also includes the provision of quarterly and regional accounts. The best example is World War II when the national debt soared to 120% of GDPnearly twice the size of today's debt. Exchange rate as of June 22, 2023, 1 CHF = 1.0354136 U.S. dollar, COVID-19 deaths worldwide as of October 24, 2022, by country and territory, COVID-19 cases worldwide as of October 24, 2022, by country or territory, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of October 24, 2022, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Oct. 23, 2022, by day. This ensure the consistency of the different macroeconomic statistics. IMF Finances. Current Switzerland National Debt is 19.81% GDP. Accessed November 07, 2022. https://www.statista.com/statistics/277105/national-debt-in-switzerland-in-relation-to-gross-domestic-product-gdp/, IMF. Data are in current U.S. dollars. Overview for 26.08.2022, Will Euro be saved? Sequence of national accounts for public administration, including its main aggregates, such as state expenditure by function, deficit and savings. Central government debt, total (% of GDP) for Switzerland as of report date (2016-01-01) is 19.81057569. Government Debtin Switzerland remained unchanged at 201515 CHF Million (203.798 B USD) in 2021. . GNI, calculated in national currency . At the start of 2021, gross government debt (before deduction of financial assets) stood at approximately CHF 100 billion, representing 15% of GDP. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. To use individual functions (e.g., mark statistics as favourites, set Get full access to all features within our Corporate Solutions. In 2019, the federal government managed to repay CHF 4.0 billion of debt, something it will not be repeating in 2021. Information on gross domestic product (GDP) and its distribution according to three approaches, as well as per capital GDP, Sequences of accounts in the national economy as well as in institutional sectors, at current prices and growth rates at previous year's prices, Production account, Output and value added by economic activity and sector. IMF Financial Activities. Board Discussions on Switzerland. Japan's debt level won't come as a surprise to most. Chart. By comparing what a country owes to what it produces, the debt-to-GDP ratio . In the third quarter of 2021, the Swiss National Bank's balance of payments data were revised considerably more than usual. Please create an employee account to be able to mark statistics as favorites. Since its introduction in 2003, the debt brake has been able to reduce federal debt by around CHF 20 billion thanks to increasing structural surpluses. The value for GDP (current LCU) in Switzerland was 706,242,000,000 as of 2020. Are you interested in testing our corporate solutions? Ray Dalio, identified a long-term debt cycle, which takes approximately 75-100 years to complete. Switzerland: National debt from 2017 to 2027 in relation to gross domestic product (GDP) [Graph]. In, IMF. GDP per canton measure economic activity in Switzerland at the local level. Switzerland has maintained a low level of public debt relative to other countries even during the COVID-19 crisis. You could buy 148408 pieces of Lamborghini Veneno for that amount.. You could wrap $100 bills would wrap around the planet 25 times.. We use GDP as a measure of the government's ability to pay since a government's income is taxes. Use Ask Statista Research Service, * Estimate.Values have been rounded for better understanding of the statistic. Source: Swiss Federal Statistical Office, National Accounts. Learn more about how Statista can support your business. If you spend $1,000,000 a day it would take you 1829 years and 8 month to spend all Switzerland debt.1829 years and 8 month to spend all Switzerland debt. Read our Switzerland Debt Clock Guide. "Switzerland: National Debt from 2017 to 2027 (in Billion U.S. Source: World Bank > Switzerland > Switzerland National Debt. The maximum volume was 245923 CHF Million and minimum was 76818 CHF Million. GDP 77 236 US$ per capita Data service is momentarily unavailable. To view certain features on this website, JavaScript must be enabled in your browser. The ideal entry-level account for individual users. Currently, you are using a shared account. The Swiss rule has successfully cut debt-to-GDP from 49% to well below 30%. The result is that half of industrialized nations are now reporting debt-to-GDP ratios of over 60%, compared with only one-third of those countries in 2007. The U.S. debt to GDP ratio surpassed 100% in 2013 when both debt and GDP were approximately 16.7 trillion. Historically, the ratio has increased during wars and recessions. In Switzerland, the quarterly accounts are under the responsibility of the State Secretariat for Economic Affairs (SECO), as are economic forecasts. IMF Financial Resources & Liquidity. Chart. IMF Financial Transactions (Quarterly) IMF Financial Statements (Quarterly) IMF Annual Report. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Graph and download economic data for Central government debt, total (% of GDP) for Switzerland (DEBTTLCHA188A) from 1990 to 2020 about Switzerland, debt, government, and GDP. Accessed November 07, 2022. https://www.statista.com/statistics/531962/national-debt-of-switzerland/, IMF. . Take-profit.org, 2022 | All rights reserved. Small-and medium-sized enterprises are the mainstay of the export-oriented Swiss economy. Other popular classifications of debt (see charts below) are "corporate debt" and "household debt". External Debtin Switzerland increased to 2198539 CHF Million (2223.442 B USD) in the second quarter of 2022. Our English pages offer only a limited range of information on our statistical production. The State's debt-to-tax receipts ratio fell from 3.9 in 2011 to 2.6 in 2019, in other words a 30 per cent reduction. Untouched, on the other hand, will be national defence . Postal Service - liabilities 2004-2021, Switzerland: National debt from 2017 to 2027 in relation to gross domestic product (GDP), Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. Net Issues of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Switzerland. Switzerland debt to gdp ratio for 2016 was, Switzerland debt to gdp ratio for 2015 was, Switzerland debt to gdp ratio for 2014 was, Switzerland debt to gdp ratio for 2013 was. The accounting framework also includes the provision of quarterly and regional accounts. Ireland debt to gdp ratio for 2014 was 121.22%, a 10.54% decline from 2013. Are you interested in testing our corporate solutions? "Switzerland: National debt from 2017 to 2027 in relation to gross domestic product (GDP)." On a year on year basis Switzerland's government debt to gdp decreased by -9.89%. The Federal Statistical Office (FSO) and the State Secretariat for Economic Affairs (SECO) therefore carried out an unscheduled partial revision of the national accounts (both annually and quarterly) in summer 2022. Switzerland's Debt. Long time series of gross domestic product (GDP) and GDP per capita are available for the period 1948 to 2020. In 2019, the national debt of Switzerland amounted to around 299.92. In 2023, government expenditure is expected to be 32.4% of GDP. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Switzerland GDP Switzerland is one of the most competitive economies in the world, in large part thanks to its flourishing service sector. Forecast as of 26.08.2022, EURUSD: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, USDCHF: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, Forex Technical Analysis & Forecast 26.08.2022, The Yen is recovering. facts. Please check your download folder. Switzerland's is officially reported as having a debt-to-GDP ratio of 42% by the IMF. Switzerland's government debt to gdp trend is down since the current value of 41.0 is lower than the 12 month moving average of 42.8583. and the 12 month moving average slope is down. Jun 23, 2022 The statistic shows the national debt of Switzerland from 2017 to 2019, with projections up until 2027. Forecast as of 26.08.2022, Murrey Math Lines 26.08.2022 (Brent, S&P 500), List of countries with highest gold reserves, TOP countries with the highest level of unemployment, How to find the best FX broker for trading in 2020. Currently, you are using a shared account. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. You only have access to basic statistics. Please create an employee account to be able to mark statistics as favorites. Switch to the accessible table representation. . Skype 9016488407. estimation activities for 5th grade and over 1Mio. It's worse when you take population size into account. The national accounts are an accounting framework which makes it possible to describe in a detailed and systematic way a country's economy, its components, and its relations with other economies. 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. This is the lowest level of public debt in Switzerland since 1991 and is well below . Compared with OECD nations this is well below average, said the FFA. Listed below are items related to Switzerland. The ideal entry-level account for individual users. $267. Members' Financial Data. Please check your download folder. In the 1980s, Switzerland's economy contracted by 1.3% in 1982 but grew substantially for the rest of the decade, with annual GDP growth between about 3% and 4%, apart from 1986 and 1987 when growth decreased to 1.9% and 1.6% respectively. statistic alerts) please log in with your personal account. As of 2020 September, the country with the highest national debt-to-GDP ratio is Japan. GDP: $376,483,000,000 Population: 69,400,000 . April 19, 2022. Statista. This is mainly because of the size of China's $117 trillion (before the new stimulus) government debt, which is nearly four times the size of the U.S. debt. For years 1929 through 1946, debt is reported at the end of the second quarter, while GDP is reported annually, since quarterly figures are not available. *Not included countries with less than 1 million inhabitants. Public debt in non-EU Switzerland corresponds to barely 33% of gross domestic product (GDP), while the EU average is more than 85%. It's the total debt a country owes to public and private parties. XAUUSD: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, WTI Crude Oil: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, USDJPY: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, GBPUSD: Elliott wave analysis and forecast for 26.08.2022 02.09.2022, Gold wants a drama. If you are an admin, please authenticate by logging in again. We are global design and development agency. Switzerland's "debt brake rule", which mandates the federal budget to maintain a balanced structural position, has delivered a sizable reduction in public debt.