Switzerland Government Debt to GDP — 2026 Data & Trend
Switzerland's government debt was 40.06% in December 2025, down from 40.40% the previous year. A year earlier it stood at 40.40%.
Switzerland's government debt stands at 40.06% as of December 2025. Over the latest readings, the government debt has moved within a band of 39.16% to 57.23%. The most recent figure of 40.06% is down from 40.40% a year earlier, and is 0.34% lower than a year ago.
The trend
Among the 192 economies tracked on this platform, Switzerland ranks #133 on government debt by latest value. It fell from 40.40% in the previous year, and compares with a year-earlier 40.40%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Dec 2025 | 40.06% |
| Dec 2024 | 40.40% |
| Dec 2023 | 40.15% |
| Dec 2022 | 39.16% |
| Dec 2021 | 43.32% |
| Dec 2020 | 45.28% |
| Dec 2019 | 41.03% |
| Dec 2018 | 41.11% |
Data: Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Switzerland Have in 2026?
Switzerland's government debt was 40.06% in December 2025, down from 40.40% the previous year. A year earlier it stood at 40.40%.
Is the government debt rising or falling in Switzerland?
It fell in the latest reading — 40.06% in December 2025 versus 40.40% a year earlier. Year on year it is lower.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).