Goods and services expense (% of expense) in Switzerland
Switzerland: Goods and services expense (% of expense) was 7.0% in 2023. ◆ Volatile
Goods and services expense in Switzerland, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Switzerland recorded 7.0% for goods and services expense in 2023.
That represents a change of up 0.6% on the previous year and up 5.2% over ten years.
Over the whole period, goods and services expense in Switzerland peaked at 24.2% in 1972 and was at its lowest, 5.6%, in 2005.
That places Switzerland 130th out of 154 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense (% of expense) in Switzerland, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 24.2% | — |
| 1973 | 21.1% | -12.9% |
| 1974 | 21.0% | -0.5% |
| 1975 | 20.7% | -1.4% |
| 1976 | 20.6% | -0.3% |
| 1977 | 20.5% | -0.6% |
| 1978 | 20.6% | +0.3% |
| 1979 | 20.8% | +1.2% |
| 1980 | 21.3% | +2.1% |
| 1981 | 23.0% | +8.2% |
| 1982 | 22.8% | -0.6% |
| 1983 | 23.2% | +1.7% |
| 1984 | 22.8% | -2.0% |
| 1990 | 6.9% | -69.7% |
| 1991 | 7.1% | +3.3% |
| 1992 | 6.7% | -6.5% |
| 1993 | 6.6% | -1.6% |
| 1994 | 6.5% | -1.0% |
| 1995 | 6.3% | -2.7% |
| 1996 | 6.7% | +5.8% |
| 1997 | 6.5% | -2.9% |
| 1998 | 6.3% | -3.0% |
| 1999 | 6.3% | +0.1% |
| 2000 | 6.3% | -0.3% |
| 2001 | 6.0% | -4.4% |
| 2002 | 5.7% | -5.1% |
| 2003 | 6.1% | +6.5% |
| 2004 | 5.8% | -4.6% |
| 2005 | 5.6% | -2.6% |
| 2006 | 5.6% | +0.1% |
| 2007 | 5.9% | +5.4% |
| 2008 | 6.5% | +9.3% |
| 2009 | 6.6% | +2.1% |
| 2010 | 6.4% | -2.7% |
| 2011 | 6.5% | +0.5% |
| 2012 | 6.6% | +1.8% |
| 2013 | 6.6% | +0.3% |
| 2014 | 6.7% | +1.4% |
| 2015 | 6.7% | -0.0% |
| 2016 | 6.8% | +1.3% |
| 2017 | 6.8% | -0.2% |
| 2018 | 6.8% | -0.2% |
| 2019 | 6.6% | -2.7% |
| 2020 | 6.0% | -9.2% |
| 2021 | 5.8% | -2.2% |
| 2022 | 6.9% | +18.4% |
| 2023 | 7.0% | +0.6% |
Switzerland compared with similar countries
- Switzerland's 7.0% is below the median for high income countries, which is 9.6%, 73% of the median. (56 countries reporting)
- Switzerland's 7.0% is below the median for Europe & Central Asia, which is 9.0%, 77% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense (% of expense) in Switzerland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | -69.7% | 22.8% | 6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.2% | 20.5% | 24.2% | 8 |
| 1980s | 22.6% | 21.3% | 23.2% | 5 |
| 1990s | 6.6% | 6.3% | 7.1% | 10 |
| 2000s | 6.0% | 5.6% | 6.6% | 10 |
| 2010s | 6.6% | 6.4% | 6.8% | 10 |
| 2020s | 6.4% | 5.8% | 7.0% | 4 |
Countries ranked near Switzerland
More public sector data for Switzerland
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Frequently asked questions
- What is goods and services expense in Switzerland?
- Goods and services expense in Switzerland was 7.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Switzerland?
- The highest recorded value was 24.2% in 1972.
- What is the lowest goods and services expense recorded in Switzerland?
- The lowest recorded value was 5.6% in 2005.
- How does Switzerland rank for goods and services expense?
- Switzerland ranks 130th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Switzerland?
- Over the last ten years it is up 5.2%. The long-run trend across the full record is volatile.
- Where does this Switzerland data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.