National Debt (% of GDP): Switzerland
Switzerland's national debt (% of gdp) is currently 36.1% as of 2026. # Switzerland National Debt (% of GDP) Switzerland's national debt stands at 36.
Current (2026)
36.1%
-2.2% y/y
Peak (2004)
57.8%
Low (1990)
33.3%
Source
IMF World Economic Outlook
1990–2026 · 41 pts
National Debt (% of GDP) — Switzerland
1990 — 2026
National Debt (% of GDP) — Switzerland
Analysis# Switzerland National Debt (% of GDP)
Switzerland's national debt stands at 36.1% of GDP in 2026, reflecting a debt burden well below its 2004 peak of 57.8% and only marginally above its 1990 low of 33.3%. Since 1990, the country has reduced its debt ratio by 8.4 percentage points overall, demonstrating sustained fiscal management despite economic fluctuations over three decades.
The most significant improvement occurred between 2017 and 2022, when debt fell from 41.8% to 37.2%—a decisive shift toward consolidation. A temporary spike to 43.2% in 2020 reflected pandemic-related spending, but Switzerland quickly returned to its downward trajectory. Current projections through 2026 suggest continued modest decline, positioning the country among Europe's more fiscally prudent economies.
Historical Data
41 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 32.7% | -2.68% |
| 2029 | 33.6% | -2.04% |
| 2028 | 34.3% | -2.83% |
| 2027 | 35.3% | -2.22% |
| 2026 | 36.1% | -2.17% |
| 2025 | 36.9% | -1.60% |
| 2024 | 37.5% | -3.10% |
| 2023 | 38.7% | +4.03% |
| 2022 | 37.2% | -9.27% |
| 2021 | 41.0% | -5.09% |
| 2020 | 43.2% | +9.09% |
| 2019 | 39.6% | -0.50% |
| 2018 | 39.8% | -4.78% |
| 2017 | 41.8% | +2.20% |
| 2016 | 40.9% | -3.08% |
| 2015 | 42.2% | +0.24% |
| 2014 | 42.1% | +0.48% |
| 2013 | 41.9% | -1.64% |
| 2012 | 42.6% | +1.67% |
| 2011 | 41.9% | +0.96% |
Show all 41 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 41.5% | -3.71% |
| 2009 | 43.1% | -3.79% |
| 2008 | 44.8% | +0.00% |
| 2007 | 44.8% | -7.63% |
| 2006 | 48.5% | -11.66% |
| 2005 | 54.9% | -5.02% |
| 2004 | 57.8% | +1.58% |
| 2003 | 56.9% | -1.39% |
| 2002 | 57.7% | +12.92% |
| 2001 | 51.1% | -2.11% |
| 2000 | 52.2% | -0.95% |
| 1999 | 52.7% | -5.72% |
| 1998 | 55.9% | +4.10% |
| 1997 | 53.7% | +4.68% |
| 1996 | 51.3% | +2.60% |
| 1995 | 50.0% | +6.16% |
| 1994 | 47.1% | +6.08% |
| 1993 | 44.4% | +12.41% |
| 1992 | 39.5% | +12.54% |
| 1991 | 35.1% | +5.41% |
| 1990 | 33.3% | — |
Related Data
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For Switzerland
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