Switzerland Government Debt to GDP — 2026 Data & Trend
Switzerland's government debt was 23.07% in December 2024, up from 19.88% the previous year. A year earlier it stood at 19.88%.
Switzerland's government debt stands at 23.07% as of December 2024. Over the latest readings, the government debt has moved within a band of 12.33% to 29.74%. The most recent figure of 23.07% is up from 19.88% a year earlier, and is 3.19% higher than a year ago.
The trend
Among the 121 economies tracked on this platform, Switzerland ranks #108 on government debt by latest value. It rose from 19.88% in the previous year, and compares with a year-earlier 19.88%.
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 2024 | 23.07% |
| Dec 2023 | 19.88% |
| Dec 2022 | 17.59% |
| Dec 2021 | 19.94% |
| Dec 2020 | 20.85% |
| Dec 2019 | 18.95% |
| Dec 2018 | 18.68% |
| Dec 2017 | 20.28% |
Data: The World Bank — World Development Indicators (CC BY 4.0) 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 23.07% in December 2024, up from 19.88% the previous year. A year earlier it stood at 19.88%.
Is the government debt rising or falling in Switzerland?
It rose in the latest reading — 23.07% in December 2024 versus 19.88% a year earlier. Year on year it is higher.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).