Switzerland recorded a Government Budget surplus equal to 0.50 percent of the country's Gross Domestic Product in 2023. Government Budget in Switzerland averaged -0.47 percent of GDP from 1990 until 2023, reaching an all time high of 1.90 percent of GDP in 2008 and a record low of -3.10 percent of GDP in 1993. source: Swiss Federal Department of Finance
Government Budget in Switzerland is expected to reach 0.60 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Switzerland General Government Budget is projected to trend around 0.50 percent of GDP in 2025 and 0.30 percent of GDP in 2026, according to our econometric models.
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| Related | Last | Previous | Unit | Reference |
|---|---|---|---|---|
| Fiscal Expenditure | 248469.00 | 245008.00 | CHF Million | Dec 2023 |
| Government Budget | 0.50 | 1.20 | percent of GDP | Dec 2023 |
| Government Budget Value | 4375.00 | 6795.00 | CHF Million | Dec 2023 |
| Government Debt | 204505.00 | 201128.00 | CHF Million | Dec 2022 |
| Government Debt to GDP | 38.30 | 37.70 | percent of GDP | Dec 2023 |
| Government Revenues | 252844.00 | 251803.00 | CHF Million | Dec 2023 |
| Government Spending to GDP | 32.00 | 31.90 | percent of GDP | Dec 2023 |
Switzerland General Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 0.50 | 1.20 | 1.90 | -3.10 | 1990 - 2023 | percent of GDP | Yearly |
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