Switzerland External Debt: % of GDP

1999 - 2025 | Yearly | % | CEIC Data

Key information about Switzerland External Debt: % of GDP

  • Switzerland External Debt accounted for 226.4 % of the country's Nominal GDP in 2025, compared with the ratio of 235.3 % in the previous year.
  • Switzerland External Debt: % of Nominal GDP data is updated yearly, available from Dec 1999 to Dec 2025.
  • 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 6.1 USD bn in Dec 2025.
  • Switzerland Direct Investment Abroad expanded by 7.4 USD bn in Dec 2025.
  • Its Foreign Portfolio Investment increased by 30.7 USD bn in Dec 2025.
  • The country's External Debt reached 2,475,343.5 in Dec 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 2025 in the chart:

Switzerland External Debt: % of GDP

What was Switzerland's External Debt: % of GDP in 2025?

Switzerland External Debt accounted for 226.4 % of the country's Nominal GDP in 2025, compared with the ratio of 235.3 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
226.4 2025 235.3 2024 168.3 1999 285.5 2021 % yearly 1999 - 2025

External Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 37.8 2025 yearly 1991 - 2025
Algeria (%) 1.1 2024 yearly 1970 - 2024
Argentina (%) 46.8 2025 yearly 1994 - 2025
Armenia (%) 64.8 2025 yearly 2000 - 2025
Australia (%) 107.6 2025 yearly 1988 - 2025
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 (%) 40.7 Dec 2025 quarterly Dec 2000 - Dec 2025
Belgium (%) 242.8 2025 yearly 2007 - 2025
Bolivia (%) 33.0 2024 yearly 2006 - 2024
Bosnia and Herzegovina (%) 16.4 2025 yearly 1999 - 2025
Botswana (%) 7.8 2025 yearly 1995 - 2025
Brazil (%) 29.0 2025 yearly 1992 - 2025
Bulgaria (%) 50.5 2025 yearly 1999 - 2025
Cambodia (%) 45.4 2024 yearly 2010 - 2024
Canada (%) 147.8 2025 yearly 1990 - 2025
Chile (%) 77.6 2025 yearly 1971 - 2025
China (%) 11.9 2025 yearly 1985 - 2025
Colombia (%) 48.0 2024 yearly 1970 - 2024
Croatia (%) 74.3 2022 yearly 1998 - 2022
Cyprus (%) 617.2 2025 yearly 2004 - 2025
Czech Republic (%) 66.4 2025 yearly 1995 - 2025
Denmark (%) 142.9 2025 yearly 2005 - 2025
Ecuador (%) 48.9 2025 yearly 1970 - 2025
Egypt (%) 42.4 Sep 2025 quarterly Jun 1999 - Sep 2025
Estonia (%) 100.4 2025 yearly 1996 - 2025
European Union (%) 106.7 2025 yearly 2013 - 2025
Finland (%) 207.2 2025 yearly 1991 - 2025
France (%) 250.2 2024 yearly 2004 - 2024
Georgia (%) 70.3 2025 yearly 1999 - 2025
Germany (%) 151.3 2025 yearly 1999 - 2025
Ghana (%) 25.7 2025 yearly 1999 - 2025
Greece (%) 237.7 2025 yearly 2003 - 2025
Hong Kong SAR, China (%) 481.9 2025 yearly 2001 - 2025
Hungary (%) 118.0 2025 yearly 2006 - 2025
Iceland (%) 75.3 2025 yearly 1989 - 2025
India (%) 19.1 2025 yearly 1970 - 2025
Indonesia (%) 29.9 2025 yearly 2003 - 2025
Iran (%) 0.8 2025 yearly 1994 - 2025
Ireland (%) 507.4 2025 yearly 2002 - 2025
Israel (%) 26.9 2025 yearly 1998 - 2025
Italy (%) 120.8 2024 yearly 2002 - 2024
Ivory Coast (%) 34.4 2022 yearly 1994 - 2022
Japan (%) 109.3 2025 yearly 2003 - 2025
Jordan (%) 74.1 2025 yearly 1970 - 2025
Kazakhstan (%) 59.5 Dec 2025 quarterly Mar 2002 - Dec 2025
Kenya (%) 31.1 2025 yearly 2006 - 2025
South Korea (%) 40.9 2025 yearly 1994 - 2025
Kosovo (%) 40.7 2024 yearly 2007 - 2024
Kuwait (%) 41.3 2024 yearly 2014 - 2024
Kyrgyzstan (%) 68.2 2024 yearly 2003 - 2024
Laos (%) 68.7 2024 yearly 1996 - 2024
Latvia (%) 99.5 Dec 2025 quarterly Mar 2000 - Dec 2025
Lebanon (%) 21.3 2023 yearly 2007 - 2023
Lithuania (%) 93.1 2025 yearly 1996 - 2025
Luxembourg (%) 3,937.1 2025 yearly 2002 - 2025
North Macedonia (%) 72.0 2025 yearly 2004 - 2025
Malawi (%) 60.1 2021 yearly 2006 - 2021
Malaysia (%) 68.9 2025 yearly 2009 - 2025
Malta (%) 785.5 2025 yearly 2004 - 2025
Mauritius (%) 1,200.9 2025 yearly 2009 - 2025
Mexico (%) 35.1 2025 yearly 2002 - 2025
Moldova (%) 56.7 2024 yearly 2000 - 2024
Mongolia (%) 159.5 2025 yearly 1992 - 2025
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 (%) 345.3 2025 yearly 2003 - 2025
New Zealand (%) 98.2 2025 yearly 1993 - 2025
Nigeria (%) 12.0 2025 yearly 1985 - 2025
Norway (%) 156.0 2025 yearly 2003 - 2025
Pakistan (%) 33.4 2025 yearly 2000 - 2025
Palestinian Territory (%) 13.1 2024 yearly 2012 - 2024
Panama (%) 167.4 2021 yearly 2014 - 2021
Paraguay (%) 59.8 2025 yearly 2000 - 2025
Peru (%) 33.5 2025 yearly 1980 - 2025
Philippines (%) 30.3 2025 yearly 1990 - 2025
Poland (%) 50.1 2025 yearly 1995 - 2025
Portugal (%) 145.3 2025 yearly 1996 - 2025
Qatar (%) 106.1 2018 yearly 2000 - 2018
Romania (%) 57.5 2024 yearly 1995 - 2024
Russia (%) 12.5 2025 yearly 1993 - 2025
Serbia (%) 60.5 2024 yearly 2000 - 2024
Singapore (%) 402.2 2025 yearly 2003 - 2025
Slovakia (%) 100.8 2025 yearly 1995 - 2025
Slovenia (%) 88.9 2025 yearly 1995 - 2025
South Africa (%) 46.9 2025 yearly 1985 - 2025
Spain (%) 162.9 2024 yearly 1995 - 2024
Sri Lanka (%) 75.0 2022 yearly 1998 - 2022
Sudan (%) 202.2 2021 yearly 2001 - 2021
Sweden (%) 157.5 2025 yearly 1997 - 2025
Switzerland (%) 226.4 2025 yearly 1999 - 2025
Taiwan, China (%) 26.5 2025 yearly 1999 - 2025
Tajikistan (%) 37.7 2021 yearly 2000 - 2021
Thailand (%) 35.4 Dec 2025 quarterly Mar 2005 - Dec 2025
Tunisia (%) 73.8 2025 yearly 2002 - 2025
Turkey (%) 32.6 2025 yearly 1995 - 2025

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Switzerland Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.5 2025 yearly 1990 - 2025
Consolidated Fiscal Balance (USD mn) 5,488.721 2025 yearly 1990 - 2025
Tax Revenue (USD mn) 197,858.688 2024 yearly 1990 - 2024
Tax Revenue: % of GDP (%) 20.4 2024 yearly 1990 - 2024
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) 309.762 2031 yearly 1983 - 2031
Forecast: Government Net Debt (CHF bn) 329.077 2031 yearly 1990 - 2031
Forecast: Government Revenue (CHF bn) 311.523 2031 yearly 1983 - 2031
General Government: Consolidated (Cons): Revenue (CHF mn) 319,812.139 2029 yearly 1990 - 2029
General Government: Cons: Expenditure (CHF mn) 318,761.833 2029 yearly 1990 - 2029
General Government: Cons: Net Lending/Borrowing (CHF mn) 1,050.306 2029 yearly 1990 - 2029
Gross Public Debt: General Government (CHF mn) 212,434.551 2028 yearly 1990 - 2028
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.300 2031 yearly 1980 - 2031
Trade Balance (USD mn) 5,950.6 Mar 2026 monthly Jan 1957 - Mar 2026
Total Exports (USD mn) 56,803.6 Mar 2026 monthly Jan 1988 - Mar 2026
Total Exports Growth (%) -1.2 Mar 2026 monthly Jan 1989 - Mar 2026
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) 50,852.9 Mar 2026 monthly Jan 1988 - Mar 2026
Total Imports Growth (%) 4.1 Mar 2026 monthly Jan 1989 - Mar 2026
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) 5,267.084 Mar 2026 monthly Jan 1960 - Mar 2026
Total Imports from USA (USD mn) 6,895.409 Mar 2026 monthly Jan 1960 - Mar 2026
Total Exports to China (USD mn) 1,594.553 Mar 2026 monthly Jan 1995 - Mar 2026
Total Imports from China (USD mn) 2,035.449 Mar 2026 monthly Jan 1995 - Mar 2026
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 7,423.2 Dec 2025 quarterly Mar 1985 - Dec 2025
Current Account Balance (USD mn) 12,320.4 Jun 2025 quarterly Mar 1983 - Jun 2025
Current Account Balance: % of GDP (%) 3.2 Dec 2025 quarterly Mar 1983 - Dec 2025
Foreign Direct Investment (USD mn) 6,056.7 Dec 2025 quarterly Mar 1985 - Dec 2025
Foreign Direct Investment: % of GDP (%) -4.7 Jun 2025 quarterly Mar 1985 - Jun 2025
Foreign Portfolio Investment (USD mn) 30,664.716 Dec 2025 quarterly Mar 1985 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 11.2 Dec 2025 quarterly Mar 1985 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -1,811.4 Dec 2025 quarterly Mar 1985 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 32,476.150 Dec 2025 quarterly Mar 1985 - Dec 2025
External Debt (USD mn) 2,475,343.5 Dec 2025 quarterly Dec 1999 - Dec 2025
External Debt: % of GDP (%) 226.4 2025 yearly 1999 - 2025
External Debt: Short Term (USD mn) 1,259,463.0 Dec 2025 quarterly Dec 1999 - Dec 2025
External Debt: Short Term: % of GDP (%) 115.2 2025 yearly 1999 - 2025
Total Debt: % of GDP (%) 899.6 2025 yearly 1999 - 2025
Forecast: Current Account Balance (USD bn) 97.716 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) 1,217,204.644 Dec 2025 quarterly Mar 1985 - Dec 2025
BoP: Capital Transfers: Debit (CHF mn) 702.067 Dec 2025 quarterly Mar 1995 - Dec 2025
BoP: CA: Credit: Goods and Services (GS) (CHF mn) 170,050.808 Dec 2025 quarterly Mar 1983 - Dec 2025
Balance of Payment (BoP): Current Account (CA): Net (CHF mn) 6,962.677 Dec 2025 quarterly Mar 1983 - Dec 2025
BoP: FA: NA: Direct Investment (CHF mn) 5,933.841 Dec 2025 quarterly Mar 1985 - Dec 2025
BoP: FA: NA: Other Investment (CHF mn) 25,499.307 Dec 2025 quarterly Mar 1985 - Dec 2025
BoP: CA: Debit (CHF mn) 232,878.479 Dec 2025 quarterly Mar 1983 - Dec 2025
BoP: CA: Debit: Secondary Income (CHF mn) 18,370.628 Dec 2025 quarterly Mar 1983 - Dec 2025
BoP: FA: Net Incurrence of Liabilities (IL) (CHF mn) 15,017.660 Dec 2025 quarterly Mar 1985 - Dec 2025
BoP: CA: Credit: GS: Goods (CHF mn) 129,378.134 Dec 2025 quarterly Mar 1983 - Dec 2025
BoP: CA: Debit: Goods and Services (GS) (CHF mn) 161,547.597 Dec 2025 quarterly Mar 1983 - Dec 2025
BoP: FA: IL: Direct Investment (CHF mn) 4,841.560 Dec 2025 quarterly Mar 1985 - Dec 2025
BoP: CA: Debit: Primary Income (CHF mn) 52,960.254 Dec 2025 quarterly Mar 1983 - Dec 2025
BoP: Capital Transfers: Net (CHF mn) -641.760 Dec 2025 quarterly Mar 1995 - Dec 2025
BoP: FA: IL: Portfolio Investment (CHF mn) 24,512.352 Dec 2025 quarterly Mar 1985 - Dec 2025
BoP: FA: IL: Other Investment (CHF mn) -14,336.252 Dec 2025 quarterly Mar 1985 - Dec 2025
BoP: Financial Account (FA): Net (CHF mn) 13,968.352 Dec 2025 quarterly Mar 1985 - Dec 2025
BoP: FA: Net Acquisition of Financial Assets (NA) (CHF mn) 30,300.514 Dec 2025 quarterly Mar 1985 - Dec 2025
BoP: CA: Debit: GS: Goods (CHF mn) 114,174.920 Dec 2025 quarterly Mar 1983 - Dec 2025
BoP: CA: Credit: GS: Services (CHF mn) 40,672.674 Dec 2025 quarterly Mar 1983 - Dec 2025
BoP: CA: Debit: GS: Services (CHF mn) 47,372.677 Dec 2025 quarterly Mar 1983 - Dec 2025
BoP: CA: Credit (CHF mn) 239,841.156 Dec 2025 quarterly Mar 1983 - Dec 2025
BoP: FA: NA: Portfolio Investment (CHF mn) -3,287.303 Dec 2025 quarterly Mar 1985 - Dec 2025
BoP: CA: Credit: Primary Income (CHF mn) 54,299.648 Dec 2025 quarterly Mar 1983 - Dec 2025
BoP: Capital Transfers: Credit (CHF mn) 60.306 Dec 2025 quarterly Mar 1998 - Dec 2025
BoP: CA: Credit: Secondary Income (CHF mn) 15,490.699 Dec 2025 quarterly Mar 1983 - Dec 2025
Gross External Debt (CHF mn) 1,964,432.599 Dec 2025 quarterly Dec 1999 - Dec 2025
Gross External Debt: Long Term (CHF mn) 964,922.730 Dec 2025 quarterly Dec 1999 - Dec 2025
Gross External Debt: Short Term (CHF mn) 999,509.869 Dec 2025 quarterly Dec 1999 - Dec 2025
IIP: Assets (CHF mn) 5,341,152.678 Dec 2025 quarterly Mar 1985 - Dec 2025
IIP: Liabilities (CHF mn) 4,375,179.072 Dec 2025 quarterly Mar 1985 - Dec 2025
International Investment Position (IIP): Net (CHF mn) 965,973.606 Dec 2025 quarterly Mar 1985 - Dec 2025
Direct Investment Abroad: Flow: Europe: EU: ow Belgium (CHF mn) 2,381.279 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: 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 (CHF mn) -11,081.337 2024 yearly 1985 - 2024
Direct Investment Abroad: Flow: Manufacturing (CHF mn) 10,204.627 2024 yearly 1986 - 2024
Direct Investment Abroad: Flow: Services (CHF mn) -21,285.963 2024 yearly 1986 - 2024
Direct Investment Abroad: Flow: Services: Finance and Holding Companies (FH) (CHF mn) -53,862.247 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: Banks (CHF mn) 22,571.812 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 2024 yearly 2005 - 2024
Household Debt: % of GDP (%) 125.1 2025 yearly 1999 - 2025
Money Supply M1 (USD mn) 925,106.516 Oct 2025 monthly Dec 1984 - Oct 2025
Money Supply M2 (USD mn) 1,385,937.461 Mar 2026 monthly Dec 1984 - Mar 2026
M2 Growth (%) 16.2 Oct 2025 monthly Dec 1985 - Oct 2025
Foreign Exchange Reserves (USD mn) 901,037.5 Mar 2026 monthly Jun 1999 - Mar 2026
Foreign Exchange Reserves: % of GDP (%) 87.408 Dec 2025 quarterly Mar 2006 - Dec 2025
Foreign Exchange Reserves: Months of Import (NA) 18.0 Mar 2026 monthly Jun 1999 - Mar 2026
Gold Reserves (USD mn) 153,874.987 Mar 2026 monthly Jun 1999 - Mar 2026
Total Deposits (USD mn) 2,515,417.965 Feb 2026 monthly Dec 1987 - Feb 2026
Total Deposits Growth (%) 0.1 Feb 2026 monthly Dec 1988 - Feb 2026
Domestic Credit (USD mn) 1,819,248.7 Mar 2026 monthly Dec 1987 - Mar 2026
Domestic Credit Growth (%) 2.6 Mar 2026 monthly Dec 1988 - Mar 2026
Debt Service Ratio: Private Non-Financial Sector (%) 19.600 Sep 2025 quarterly Mar 1999 - Sep 2025
Credit to Households (USD bn) 1,325.433 Sep 2025 quarterly Dec 1999 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 2,720.633 Sep 2025 quarterly Sep 1953 - Sep 2025
Household Debt (USD mn) 1,367,949.8 2025 yearly 1999 - 2025
Total Loans (USD mn) 2,088,783.502 Feb 2026 monthly Jun 1985 - Feb 2026
Total Loans Growth (%) 1.81 Feb 2026 monthly Jun 1986 - Feb 2026
Private Debt: % of Nominal GDP (%) 160.60 Dec 2025 quarterly Dec 1996 - Dec 2025
Monetary Base (CHF mn) 502,514.000 Mar 2026 monthly Jan 1950 - Mar 2026
Monetary Base: Seasonally Adjusted (CHF mn) 502,260.000 Mar 2026 monthly Jan 1980 - Mar 2026
Money Supply: M3 (CHF mn) 1,221,317.000 Mar 2026 monthly Dec 1984 - Mar 2026
Official Reserve Assets: USD (USD mn) 1,069,790.094 Mar 2026 monthly Jun 1999 - Mar 2026
Official Reserve Assets: USD: Foreign Currency Reserves in Convertibles (FC) (USD mn) 901,026.949 Mar 2026 monthly Jun 1999 - Mar 2026
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 16.0 Apr 2026 monthly Jan 1996 - Apr 2026
Purchasing Manager Index: Manufacturing (Mfg): Seasonally Adjusted (sa) (%) 54.500 Apr 2026 monthly Jan 1995 - Apr 2026

More Indicators for Switzerland

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