Switzerland Government net lending/borrowing in Switzerland

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 0.2% 2027: 0.3% 2028: 0.3% 2029: 0.2% 2030: 0.2% 2031: 0.2%
-1.6 (1999) ANUAL · % of GDP · Annual · CSV
Period% of GDP
Jan 1999 -1.6
Jan 1998 -1.3
Jan 1997 -2.3
Jan 1996 -2.0
Jan 1995 -1.8
Jan 1994 -2.6
Jan 1993 -3.1
Jan 1992 -2.9
Jan 1991 -1.8
Jan 1990 0.0

About this indicator

Source
International Monetary Fund
Frequency
Annual
Release
Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.
What it is
Switzerland's government deficit is the negative balance of the public accounts when spending exceeds revenue in a year; when revenue exceeds spending there is a surplus. It is usually expressed as a percentage of GDP.
How it's calculated
It is calculated as the difference between the non-financial revenue and expenditure of general government (the Confederation, cantons and municipalities), following national accounts methodology. The result is expressed relative to GDP.
Market implications
The deficit determines the state's financing needs and the path of public debt. Switzerland stands out for its fiscal discipline, anchored in its debt-brake rule, which supports its top credit rating and the strength of the franc.
Limitations
It is a low-frequency reading subject to revision. It is worth distinguishing the headline balance from the primary balance (which excludes interest) and from the cyclical component tied to the economic cycle.