Government finances

Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.

Government debt
22.3% GDP
2024
Govt expenditure
16.1% GDP
2023
Budget surplus
0.5% GDP
2024

Price level

Switzerland is 12.0% more expensive than the USA overall (2025). Index: USA = 100.

Overall price level
112.0(USA=100)
2025

Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only. Detailed category-level price data (EU27=100) available on the EU country page.

Tax rates

Labour tax wedge
18.1% of labour cost
2023
Top income tax rate
40%
2024
Corporate tax rate
19.7%
2024
Standard VAT rate
8%
2024

Statutory rates 2024: OECD Taxing Wages / EC Taxation Trends. Labour wedge: Eurostat earn_nt_taxrate (EEA/EU countries only).

Government debt since 2010

YearDebt (% GDP)Change
201020.6—
201120.8+0.2
201221+0.2
201319.9-1.1
201420.2+0.3
201520.1-0.1
201619.1-1
201720+0.9
201818.3-1.7
201918.6+0.3
202020.5+1.9
202119.3-1.1
202217-2.4
202319.2+2.2
202422.3+3.1

Data sources

DatasetSourceCoverage
Govt debt / expenditure / revenue / surplusWorld Bank WDI (GC.* indicators)2000–2024
Price level index (USA=100)World Bank WDI PPP/XR ratio1990–2023
Labour tax wedgeEurostat earn_nt_taxrateEEA/EU only
Statutory tax ratesOECD / EC Taxation Trends 2024EU+EFTA only
Switzerland — nstate — nstate