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Switzerland - Government Gross Debt to GDP

Switzerland's government gross debt to GDP decreased to 37.6% in 2024 from 38.7% in 2023. This reduction stems from GDP growth which was 0.7% in 2023 and is expected at 1.3% in 2024, outpacing debt accumulation. Switzerland maintained a fiscal surplus of approximately 0.5% of GDP in 2024. The nation's debt brake rule also supports debt reduction. Switzerland's record low government gross debt to GDP was 25.1% in 1982 and record high was 57.8% in 2002.

Yearly Historical Data (1982-2024)

(in %)
Year Government Gross Debt to GDP
2024 37.6%
2023 38.7%
2022 36.7%
2021 40.9%
2020 43.2%
2019 39.7%
2018 39.8%
2017 41.8%
2016 40.9%
2015 42.1%
2014 42.1%
2013 42%
2012 42.6%
2011 41.9%
2010 41.4%
2009 43.1%
2008 44.8%
2007 44.8%
2006 48.5%
2005 54.9%
2004 57.7%
2003 56.9%
2002 57.8%
2001 51.1%
2000 52.2%
1999 52.6%
1998 55.9%
1997 53.7%
1996 51.4%
1995 50%
1994 47.1%
1993 44.3%
1992 39.5%
1991 35.1%
1990 33.3%
1989 31%
1988 33.3%
1987 34.8%
1986 35.8%
1985 37.3%
1984 37.9%
1983 38.3%
1982 25.1%
Switzerland - Government Gross Debt to GDP : Definition
Government gross debt to GDP shows a country's debt relative to its economic output. It's calculated by dividing a government's total debt by its GDP, then multiplying by 100 to express it as a percentage.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 5.1% 5.3% Dec'24
Interest Rate 0% 0% Sep'25