Norway vs Switzerland: Central government debt, total
Central government debt, total over time
- Norway
- Switzerland
How they compare
Norway currently reports 275.92 billion current LCU against 190.25 billion current LCU in Switzerland, a difference of 85.67 billion current LCU.
That makes Norway's figure about 1.5 times Switzerland's.
Across all 5 years both countries report, Norway has been ahead every year.
Norway ranks 46th and Switzerland ranks 49th of 83 countries.
Norway has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher central government debt, total, Norway or Switzerland?
- Norway, at 275.92 billion current LCU against 190.25 billion current LCU in Switzerland as of 1994.
- What is the difference in central government debt, total between Norway and Switzerland?
- 85.67 billion current LCU, with Norway ahead.
- How many years of comparable data are there for Norway and Switzerland?
- 5 years are reported by both, from 1990 to 1994.
- How do Norway and Switzerland rank globally for central government debt, total?
- Norway ranks 46th and Switzerland ranks 49th of 83 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.