Goods and services expense in Switzerland
Switzerland: Goods and services 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 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% |
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
- Arms imports 33.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 3.71 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate 120 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 33.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 746.46 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0069 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.89 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.72 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 835.24 SIPRI trend indicator values per square kilometre (2023)
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.