Switzerland External Debt: % of GDP

1999 - 2024 | Yearly | % | CEIC Data

Key information about Switzerland External Debt: % of GDP

  • Switzerland External Debt accounted for 235.3 % of the country's Nominal GDP in 2024, compared with the ratio of 229.0 % in the previous year.
  • Switzerland External Debt: % of Nominal GDP data is updated yearly, available from Dec 1999 to Dec 2024.
  • The data reached an all-time high of 285.5 % in Dec 2021 and a record low of 168.3 % 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 12.3 USD bn in Jun 2025.
  • Foreign Direct Investment (FDI) increased by 4.1 USD bn in Sep 2025.
  • Switzerland Direct Investment Abroad expanded by 8.3 USD bn in Sep 2025.
  • Its Foreign Portfolio Investment fell by 271.5 USD mn in Sep 2025.
  • The country's External Debt reached 2,448,597.8 in Sep 2025.
  • The country's Nominal GDP was reported at 270.0 USD bn in Sep 2025.

View Switzerland's External Debt: % of GDP from 1999 to 2024 in the chart:

Switzerland External Debt: % of GDP

What was Switzerland's External Debt: % of GDP in 2024?

Switzerland External Debt accounted for 235.3 % of the country's Nominal GDP in 2024, compared with the ratio of 229.0 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
235.3 2024 229.0 2023 168.3 1999 285.5 2021 % yearly 1999 - 2024

External Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 40.5 2024 yearly 1991 - 2024
Algeria (%) 1.1 2024 yearly 1970 - 2024
Argentina (%) 43.5 2024 yearly 1994 - 2024
Armenia (%) 62.9 2024 yearly 2000 - 2024
Australia (%) 112.8 2024 yearly 1988 - 2024
Austria (%) 154.5 2024 yearly 1997 - 2024
Azerbaijan (%) 14.9 Dec 2021 quarterly Dec 2001 - Dec 2021
Bangladesh (%) 11.4 2017 yearly 1997 - 2017
Belarus (%) 42.9 Sep 2025 quarterly Dec 2000 - Sep 2025
Belgium (%) 242.6 2024 yearly 2007 - 2024
Bolivia (%) 33.0 2024 yearly 2006 - 2024
Bosnia and Herzegovina (%) 17.0 2024 yearly 1999 - 2024
Botswana (%) 7.8 2025 yearly 1995 - 2025
Brazil (%) 27.6 2024 yearly 1992 - 2024
Bulgaria (%) 47.6 2024 yearly 1999 - 2024
Cambodia (%) 45.4 2024 yearly 2010 - 2024
Canada (%) 146.4 2024 yearly 1990 - 2024
Chile (%) 74.2 2024 yearly 1971 - 2024
China (%) 12.9 2024 yearly 1985 - 2024
Colombia (%) 51.3 2024 yearly 1970 - 2024
Croatia (%) 74.3 2022 yearly 1998 - 2022
Cyprus (%) 674.2 2024 yearly 2004 - 2024
Czech Republic (%) 65.4 2024 yearly 1995 - 2024
Denmark (%) 142.2 2024 yearly 2005 - 2024
Ecuador (%) 48.2 2024 yearly 1970 - 2024
Egypt (%) 44.2 Jun 2025 quarterly Jun 1999 - Jun 2025
Estonia (%) 97.8 2024 yearly 1996 - 2024
European Union (%) 109.7 2024 yearly 2008 - 2024
Finland (%) 203.6 2024 yearly 1991 - 2024
France (%) 250.2 2024 yearly 2004 - 2024
Georgia (%) 73.6 2024 yearly 1999 - 2024
Germany (%) 147.6 2024 yearly 1999 - 2024
Ghana (%) 34.4 2024 yearly 1999 - 2024
Greece (%) 243.3 2024 yearly 2003 - 2024
Hong Kong SAR, China (%) 462.1 2024 yearly 2001 - 2024
Hungary (%) 142.9 2024 yearly 2006 - 2024
Iceland (%) 71.9 2024 yearly 1989 - 2024
India (%) 19.1 2025 yearly 1970 - 2025
Indonesia (%) 30.4 2024 yearly 2003 - 2024
Iran (%) 0.8 2025 yearly 1994 - 2025
Ireland (%) 544.0 2024 yearly 2002 - 2024
Israel (%) 27.2 2024 yearly 1998 - 2024
Italy (%) 120.8 2024 yearly 2002 - 2024
Ivory Coast (%) 34.4 2022 yearly 1994 - 2022
Japan (%) 108.0 2024 yearly 2003 - 2024
Jordan (%) 80.3 2024 yearly 1970 - 2024
Kazakhstan (%) 58.2 Sep 2025 quarterly Mar 2002 - Sep 2025
Kenya (%) 31.2 2024 yearly 2006 - 2024
South Korea (%) 35.9 2024 yearly 1994 - 2024
Kosovo (%) 40.7 2024 yearly 2007 - 2024
Kuwait (%) 41.5 2024 yearly 2014 - 2024
Kyrgyzstan (%) 70.8 2024 yearly 2003 - 2024
Laos (%) 68.7 2024 yearly 1996 - 2024
Latvia (%) 104.4 Sep 2025 quarterly Mar 2000 - Sep 2025
Lebanon (%) 17.4 2023 yearly 2007 - 2023
Lithuania (%) 77.4 2024 yearly 1996 - 2024
Luxembourg (%) 4,148.6 2024 yearly 2002 - 2024
North Macedonia (%) 78.0 2024 yearly 2004 - 2024
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 69.9 2024 yearly 2009 - 2024
Malta (%) 836.7 2024 yearly 2004 - 2024
Mauritius (%) 1,221.8 2024 yearly 2009 - 2024
Mexico (%) 32.2 2024 yearly 2002 - 2024
Moldova (%) 56.7 2024 yearly 2000 - 2024
Mongolia (%) 157.9 2024 yearly 1992 - 2024
Montenegro (%) 105.7 2024 yearly 2006 - 2024
Morocco (%) 50.8 2022 yearly 1970 - 2022
Mozambique (%) 49.2 2023 yearly 1985 - 2023
Myanmar (%) 18.9 2023 yearly 2018 - 2023
Nepal (%) 17.3 2016 yearly 2001 - 2016
Netherlands (%) 349.4 2024 yearly 2003 - 2024
New Zealand (%) 94.7 2024 yearly 1993 - 2024
Nigeria (%) 18.6 2024 yearly 1985 - 2024
Norway (%) 155.3 2024 yearly 2003 - 2024
Pakistan (%) 33.1 2025 yearly 2000 - 2025
Palestinian Territory (%) 15.3 2024 yearly 2012 - 2024
Panama (%) 169.8 2021 yearly 2014 - 2021
Paraguay (%) 58.4 2024 yearly 2000 - 2024
Peru (%) 36.7 2024 yearly 1980 - 2024
Philippines (%) 29.8 2024 yearly 1990 - 2024
Poland (%) 51.8 2024 yearly 1995 - 2024
Portugal (%) 144.8 2024 yearly 1996 - 2024
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 57.5 2024 yearly 1995 - 2024
Russia (%) 13.3 2024 yearly 1993 - 2024
Serbia (%) 60.5 2024 yearly 2000 - 2024
Singapore (%) 407.1 2024 yearly 2003 - 2024
Slovakia (%) 100.9 2024 yearly 1995 - 2024
Slovenia (%) 87.9 2024 yearly 1995 - 2024
South Africa (%) 42.0 2024 yearly 1985 - 2024
Spain (%) 162.7 2024 yearly 1995 - 2024
Sri Lanka (%) 75.0 2022 yearly 1998 - 2022
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 168.1 2024 yearly 1997 - 2024
Switzerland (%) 235.3 2024 yearly 1999 - 2024
Taiwan, China (%) 27.4 2024 yearly 1999 - 2024
Tajikistan (%) 37.7 2021 yearly 2000 - 2021
Thailand (%) 34.9 Sep 2025 quarterly Mar 2005 - Sep 2025
Tunisia (%) 83.8 2024 yearly 2002 - 2024
Turkey (%) 38.2 2024 yearly 1989 - 2024

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Switzerland Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.5 2024 yearly 1990 - 2024
Consolidated Fiscal Balance (USD mn) 5,132.176 2024 yearly 1990 - 2024
Tax Revenue (USD mn) 244,550.975 2023 yearly 1990 - 2023
Tax Revenue: % of GDP (%) 26.3 2023 yearly 1990 - 2023
National Government Debt (USD mn) 231,894.5 2024 yearly 1990 - 2024
Government Debt: % of GDP (%) 22.2 2029 yearly 1990 - 2029
Forecast: Government Expenditure (CHF bn) 298.944 2030 yearly 1983 - 2030
Forecast: Government Net Debt (CHF bn) 303.343 2030 yearly 1990 - 2030
Forecast: Government Revenue (CHF bn) 299.524 2030 yearly 1983 - 2030
General Government: Consolidated (Cons): Revenue (CHF mn) 296,410.545 2028 yearly 1990 - 2028
General Government: Cons: Expenditure (CHF mn) 292,542.492 2028 yearly 1990 - 2028
General Government: Cons: Net Lending/Borrowing (CHF mn) 3,868.053 2028 yearly 1990 - 2028
Gross Public Debt: General Government (CHF mn) 212,434.551 2028 yearly 1990 - 2028
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.000 2030 yearly 1980 - 2030
Trade Balance (USD mn) -790.7 Nov 2025 monthly Jan 1957 - Nov 2025
Total Exports (USD mn) 52,774.9 Oct 2025 monthly Jan 1988 - Oct 2025
Total Exports Growth (%) 4.0 Nov 2025 monthly Jan 1989 - Nov 2025
Aluminum: Exports (USD th) 1,311,928.609 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 50,907,255.064 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 61,063,628.261 2024 yearly 1995 - 2024
Total Imports (USD mn) 47,286.0 Nov 2025 monthly Jan 1988 - Nov 2025
Total Imports Growth (%) 44.6 Oct 2025 monthly Jan 1989 - Oct 2025
Imports: Medicament (USD th) 48,007,778.429 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 20,192,753.322 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 5,796.430 Nov 2025 monthly Jan 1960 - Nov 2025
Total Imports from USA (USD mn) 9,547.561 Nov 2025 monthly Jan 1960 - Nov 2025
Total Exports to China (USD mn) 1,787.163 Nov 2025 monthly Jan 1997 - Nov 2025
Total Imports from China (USD mn) 1,873.443 Nov 2025 monthly Jan 1997 - Nov 2025
Exports (CHF mn) 37,368.210 Nov 2025 monthly Jan 1988 - Nov 2025
Imports: ow Machinery, Equipment and Electronics (CHF mn) 2,756.709 Nov 2025 monthly Jan 1988 - Nov 2025
Exports: ow Machinery, Equipment and Electronics (CHF mn) 2,792.440 Nov 2025 monthly Jan 1988 - Nov 2025
Exports: ow Precision Instruments, Watches and Jewellery: ow Watches (CHF mn) 2,247.426 Nov 2025 monthly Jan 1988 - Nov 2025
Imports: ow Metals (CHF mn) 1,211.892 Nov 2025 monthly Jan 1988 - Nov 2025
Imports: ow Chemicals (CHF mn) 6,870.126 Nov 2025 monthly Jan 1988 - Nov 2025
Exports: ow Precision Instruments, Watches and Jewellery (CHF mn) 4,714.871 Nov 2025 monthly Jan 1988 - Nov 2025
Imports (CHF mn) 36,393.417 Jan 2025 monthly Jan 1988 - Jan 2025
Imports: ow Precision Instruments, Watches and Jewellery (CHF mn) 1,621.031 Jan 2025 monthly Jan 1988 - Jan 2025
Exports: ow Chemicals (CHF mn) 13,583.513 Jan 2025 monthly Jan 1988 - Jan 2025
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 8,290.2 Sep 2025 quarterly Mar 1985 - Sep 2025
Current Account Balance (USD mn) 12,320.4 Jun 2025 quarterly Mar 1983 - Jun 2025
Current Account Balance: % of GDP (%) 7.1 Sep 2025 quarterly Mar 1983 - Sep 2025
Foreign Direct Investment (USD mn) 4,078.6 Sep 2025 quarterly Mar 1985 - Sep 2025
Foreign Direct Investment: % of GDP (%) -4.7 Jun 2025 quarterly Mar 1985 - Jun 2025
Foreign Portfolio Investment (USD mn) -271.549 Sep 2025 quarterly Mar 1985 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) -0.1 Sep 2025 quarterly Mar 1985 - Sep 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -3,178.9 Sep 2025 quarterly Mar 1985 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 2,907.391 Sep 2025 quarterly Mar 1985 - Sep 2025
External Debt (USD mn) 2,448,597.8 Sep 2025 quarterly Dec 1999 - Sep 2025
External Debt: % of GDP (%) 235.3 2024 yearly 1999 - 2024
External Debt: Short Term (USD mn) 1,238,829.2 Sep 2025 quarterly Dec 1999 - Sep 2025
External Debt: Short Term: % of GDP (%) 118.2 2024 yearly 1999 - 2024
Total Debt: % of GDP (%) 897.5 2024 yearly 1999 - 2024
Forecast: Current Account Balance (USD bn) 58.001 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) 1,292,300.070 Sep 2025 quarterly Mar 1985 - Sep 2025
BoP: Capital Transfers: Debit (CHF mn) 63.216 Sep 2025 quarterly Mar 1995 - Sep 2025
BoP: CA: Credit: GS: Services (CHF mn) 41,487.307 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: FA: IL: Other Investment (CHF mn) 618.510 Sep 2025 quarterly Mar 1985 - Sep 2025
BoP: CA: Debit (CHF mn) 208,016.326 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: FA: NA: Direct Investment (CHF mn) 6,634.398 Sep 2025 quarterly Mar 1985 - Sep 2025
BoP: CA: Debit: GS: Goods (CHF mn) 95,929.548 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: FA: Net Acquisition of Financial Assets (NA) (CHF mn) 8,339.784 Sep 2025 quarterly Mar 1985 - Sep 2025
BoP: FA: NA: Other Investment (CHF mn) -5,934.763 Sep 2025 quarterly Mar 1985 - Sep 2025
BoP: CA: Credit: GS: Goods (CHF mn) 118,515.517 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: FA: Net Incurrence of Liabilities (IL) (CHF mn) 3,665.162 Sep 2025 quarterly Mar 1985 - Sep 2025
BoP: CA: Debit: GS: Services (CHF mn) 44,271.479 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: CA: Debit: Primary Income (CHF mn) 51,783.711 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: CA: Credit: Goods and Services (GS) (CHF mn) 160,002.824 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: CA: Credit: Primary Income (CHF mn) 48,513.111 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: FA: IL: Portfolio Investment (CHF mn) -217.312 Sep 2025 quarterly Mar 1985 - Sep 2025
BoP: Financial Account (FA): Net (CHF mn) 3,652.154 Sep 2025 quarterly Mar 1985 - Sep 2025
BoP: CA: Credit: Secondary Income (CHF mn) 14,869.890 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: CA: Credit (CHF mn) 223,385.825 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: CA: Debit: Goods and Services (GS) (CHF mn) 140,201.027 Sep 2025 quarterly Mar 1983 - Sep 2025
Balance of Payment (BoP): Current Account (CA): Net (CHF mn) 15,369.500 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: FA: IL: Direct Investment (CHF mn) 3,263.964 Sep 2025 quarterly Mar 1985 - Sep 2025
BoP: CA: Debit: Secondary Income (CHF mn) 16,031.588 Sep 2025 quarterly Mar 1983 - Sep 2025
BoP: Capital Transfers: Net (CHF mn) -27.306 Sep 2025 quarterly Mar 1995 - Sep 2025
BoP: Capital Transfers: Credit (CHF mn) 35.910 Sep 2025 quarterly Mar 1998 - Sep 2025
BoP: FA: NA: Portfolio Investment (CHF mn) 4,709.904 Sep 2025 quarterly Mar 1985 - Sep 2025
Gross External Debt: Long Term (CHF mn) 963,701.690 Sep 2025 quarterly Dec 1999 - Sep 2025
Gross External Debt (CHF mn) 1,950,553.036 Sep 2025 quarterly Dec 1999 - Sep 2025
Gross External Debt: Short Term (CHF mn) 986,851.346 Sep 2025 quarterly Dec 1999 - Sep 2025
IIP: Assets (CHF mn) 5,271,958.126 Sep 2025 quarterly Mar 1985 - Sep 2025
IIP: Liabilities (CHF mn) 4,242,511.891 Sep 2025 quarterly Mar 1985 - Sep 2025
International Investment Position (IIP): Net (CHF mn) 1,029,446.235 Sep 2025 quarterly Mar 1985 - Sep 2025
Direct Investment Abroad: Flow: Europe: EU: ow Belgium (CHF mn) 2,381.279 2024 yearly 1986 - 2024
Direct Investment Abroad: Flow: Europe: EU: ow Austria (CHF mn) 920.646 2024 yearly 1986 - 2024
Direct Investment Abroad: Flow: Europe: EU: ow United Kingdom (CHF mn) 5,671.431 2024 yearly 1986 - 2024
Direct Investment Abroad: Flow: Asia: ow China (CHF mn) 3,741.760 2024 yearly 1993 - 2024
Direct Investment Abroad: Flow: North America: Canada (CHF mn) 1,779.811 2024 yearly 1986 - 2024
Direct Investment Abroad: Flow: Manufacturing (CHF mn) 10,204.627 2024 yearly 1986 - 2024
Direct Investment Abroad: Flow (CHF mn) -11,081.337 2024 yearly 1985 - 2024
Direct Investment Abroad: Flow: Services (CHF mn) -21,285.963 2024 yearly 1986 - 2024
Direct Investment Abroad: Flow: Services: Banks (CHF mn) 22,571.812 2024 yearly 1986 - 2024
Direct Investment Abroad: Flow: Mfg: Electronics, Energy, Optical and Watch (CHF mn) 2,385.054 2024 yearly 1986 - 2024
Direct Investment Abroad: Flow: Services: Finance and Holding Companies (FH) (CHF mn) -53,862.247 2024 yearly 1986 - 2024
Foreign Direct Investment: Flow (CHF mn) -83,400.999 2024 yearly 1985 - 2024
Foreign Direct Investment: Stock: Manufacturing (Mfg) (CHF mn) 162,001.536 2017 yearly 1985 - 2017
Foreign Direct Investment: Flow: Services: Trade (CHF mn) 1,806.961 2017 yearly 1986 - 2017
Number of Bankruptcies (Unit) 16,235.000 2023 yearly 1980 - 2023
No of Registered Companies: New (Unit) 43,037.000 2021 yearly 2013 - 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.8 2023 yearly 2005 - 2023
Household Debt: % of GDP (%) 123.1 2024 yearly 1999 - 2024
Money Supply M1 (USD mn) 925,106.516 Oct 2025 monthly Dec 1984 - Oct 2025
Money Supply M2 (USD mn) 1,359,697.272 Oct 2025 monthly Dec 1984 - Oct 2025
M2 Growth (%) 16.2 Oct 2025 monthly Dec 1985 - Oct 2025
Foreign Exchange Reserves (USD mn) 902,110.1 Oct 2025 monthly Jun 1999 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 89.325 Sep 2025 quarterly Mar 2006 - Sep 2025
Foreign Exchange Reserves: Months of Import (NA) 19.1 Nov 2025 monthly Jun 1999 - Nov 2025
Gold Reserves (USD mn) 134,424.914 Oct 2025 monthly Jun 1999 - Oct 2025
Total Deposits (USD mn) 2,413,701.044 Oct 2025 monthly Dec 1987 - Oct 2025
Total Deposits Growth (%) 2.3 Oct 2025 monthly Dec 1988 - Oct 2025
Domestic Credit (USD mn) 1,795,552.7 Oct 2025 monthly Dec 1987 - Oct 2025
Domestic Credit Growth (%) 2.4 Nov 2025 monthly Dec 1988 - Nov 2025
Debt Service Ratio: Private Non-Financial Sector (%) 19.700 Jun 2025 quarterly Mar 1999 - Jun 2025
Credit to Households (USD bn) 1,314.900 Jun 2025 quarterly Dec 1999 - Jun 2025
Credit to Private Non-Financial Sector (USD bn) 2,722.083 Jun 2025 quarterly Sep 1953 - Jun 2025
Household Debt (USD mn) 1,159,621.7 2024 yearly 1999 - 2024
Total Loans (USD mn) 1,996,628.170 Sep 2025 monthly Jun 1985 - Sep 2025
Total Loans Growth (%) 2.57 Oct 2025 monthly Jun 1986 - Oct 2025
Private Debt: % of Nominal GDP (%) 160.34 Sep 2025 quarterly Dec 1996 - Sep 2025
Monetary Base: Seasonally Adjusted (CHF mn) 509,269.000 Nov 2025 monthly Jan 1980 - Nov 2025
Monetary Base (CHF mn) 508,257.000 Nov 2025 monthly Jan 1950 - Nov 2025
Official Reserve Assets: USD: Foreign Currency Reserves in Convertibles (FC) (USD mn) 902,072.747 Oct 2025 monthly Jun 1999 - Oct 2025
Official Reserve Assets: USD (USD mn) 1,058,773.946 Nov 2025 monthly Jun 1999 - Nov 2025
Money Supply: M3 (CHF mn) 1,152,888.000 Jan 2025 monthly Dec 1984 - Jan 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -2.0 Oct 2025 monthly Jan 1996 - Oct 2025
Purchasing Manager Index: Manufacturing (Mfg): Seasonally Adjusted (sa) (%) 49.700 Nov 2025 monthly Jan 1995 - Nov 2025

More Indicators for Switzerland

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