Cayman Islands. The U.S. debt to GDP ratio surpassed 100% in 2013 when both debt and GDP were approximately 16.7 trillion. However, GDP is not an indicator of a society's well-being. Compared with OECD nations this is well below average, said the FFA. 1% . Swiss economy - Overview. GDP: $376,483,000,000 Population: 69,400,000 . Then you can access your favorite statistics via the star in the header. Net Issues of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Switzerland. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal, Show sources information Statista. 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 You only have access to basic statistics. Note At the end of the second quarter in 2022, the national debt was about $30.6 trillion. 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. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Switzerland central government debt (percent of GDP). 1 8 $239. 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. 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it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. 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. Switzerland has the lowest VAT rate in Europe. dollars)." Sequence of national accounts for public administration, including its main aggregates, such as state expenditure by function, deficit and savings. 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. By comparing what a country owes to what it produces, the debt-to-GDP ratio . The Swiss rule has successfully cut debt-to-GDP from 49% to well below 30%. "Switzerland: National debt from 2017 to 2027 in relation to gross domestic product (GDP)." 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. IMF Financial Transactions (Quarterly) IMF Financial Statements (Quarterly) IMF Annual Report. statistic alerts) please log in with your personal account. Switzerland. (April 19, 2022). The overall national debt is $31.14 trillion as of the end of the second quarter of 2022, according to U.S. government reports. Monitor Switzerland, Q2 2022 Listed below are items related to Switzerland. 29.7%. In the third quarter of 2021, the Swiss National Bank's balance of payments data were revised considerably more than usual. The maximum debt was 2097470 CHF Million and minimum was 763094 CHF Million. If you spend $1,000,000 a day it would take you 1829 years and 8 month to spend all Switzerland debt.1829 years and 8 month to spend all Switzerland debt. New, Insights into the worlds most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development. GDP (current US$) - Switzerland from The World Bank: Data. On a . This measures the wealth (value added) that has been created by economic activity on national territory. How to compare Forex brokers spreads and swaps? 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. In 2023, government expenditure is expected to be 32.4% of GDP. In Switzerland, the quarterly accounts are under the responsibility of the State Secretariat for Economic Affairs (SECO), as are economic forecasts. The accounting framework also includes the provision of quarterly and regional accounts. Switzerland is an exception when analysing the level of its debt. Switzerland's "debt brake rule", which mandates the federal budget to maintain a balanced structural position, has delivered a sizable reduction in public debt. Japan's debt level won't come as a surprise to most. Backlinks from other websites and blogs are the lifeblood of our site and are our primary source of new traffic. ", IMF, Switzerland: National debt from 2017 to 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/531962/national-debt-of-switzerland/ (last visited November 07, 2022), Switzerland: National debt from 2017 to 2027, Life expectancy at birth in Switzerland 2020, Life expectancy at birth in Switzerland 2020, by gender, Median age of the population in Switzerland 2015, Infant mortality rate in Switzerland 2020, Gross domestic product (GDP) in Switzerland 2027, Gross domestic product (GDP) per capita in Switzerland 2027, Gross domestic product (GDP) growth in Switzerland 2027, Switzerland's share in global GDP adjusted for PPP 2027, Labor force participation rate in Switzerland 2019, Youth unemployment rate in Switzerland in 2021, National debt in Switzerland in relation to gross domestic product (GDP) 2027, Ratio of military expenditure to gross domestic product (GDP) in Switzerland 2020, Ratio of government expenditure to GDP of Switzerland 2027, Budget balance in relation to GDP of Switzerland 2027, Total population of the DACH countries from 2000 to 2027, Life expectancy at birth in the DACH countries 2020, Gross domestic product of the DACH countries from 2000 to 2027, Gross domestic product (GDP) per capita in the DACH countries 2027, Inflation rate in the DACH countries 2027, Trade balance of goods in the DACH countries 2021, New cases of COVID-19 worldwide from January 23, 2020 to October 23, 2022, by day, Financial debt of U.S. families in 2013, by income percentile, Greece: real economy debt change from 2007 to 2014, Peer-to-peer software & sites usage in Spain 2015, by frequency, Positive emotions toward work in Finland 2020, by household income, Switzerland: National debt from 2017 to 2027 (in billion U.S. dollars), 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. The maximum level was 57.6 % and minimum was 25.1 %. To use individual functions (e.g., mark statistics as favourites, set . Get full access to all features within our Corporate Solutions. IMF. This is close to the highest level of public sector debt since 1962. April 19, 2022. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. 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 . The FSO has developed an indicator system that provides a more complete picture of Switzerland's societal, environmental and economic performance: Systme d'indicateurs "Mesure du bien-tre" (in French), All tables on the topic National accounts, All publications on the topic National accounts, All press releases on the topic National accounts. Data published Quarterly by Central Bank. Source: Swiss Federal Statistical Office, National Accounts. The accounting framework also includes the provision of quarterly and regional accounts. In order to finance new debt, the Japanese . In 2023, a government surplus of CHF 0.6% of GDP is forecast. Switzerland's Debt. The debt-to-GDP measure is simply a percentage number using total debt outstanding as the numerator and the size of GDP as the denominator. 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. By international standards public debt in Switzerland is low, and the country has a competitive tax system. Very low debt. The revision affects the data series from their beginning up to the current edge. Public debt in non-EU Switzerland corresponds to barely 33% of gross domestic product (GDP), while the EU average is more than 85%. You only have access to basic statistics. Learn more about how Statista can support your business. GDP 77 236 US$ per capita Data service is momentarily unavailable. What is Switzerland Government Debt to GDP Ratio? Ireland debt to gdp ratio for 2014 was 121.22%, a 10.54% decline from 2013. For our full range please consult our pages in French and German (top right hand screen). Switzerland is one of the most competitive economies in the world, in large part thanks to its flourishing service sector. At the start of 2021, gross government debt (before deduction of financial assets) stood at approximately CHF 100 billion, representing 15% of GDP. If you are an admin, please authenticate by logging in again. It's worse when you take population size into account. Ray Dalio, identified a long-term debt cycle, which takes approximately 75-100 years to complete. Government Debt to GDP in Switzerland decreased to 41.4 % in 2021. Small-and medium-sized enterprises are the mainstay of the export-oriented Swiss economy. 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. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q2 2022, Profit from additional features with an Employee Account. To use individual functions (e.g., mark statistics as favourites, set
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