Interest payments in Switzerland
Switzerland: Interest payments was 1.0% in 2023. ▼ Falling
Interest payments in Switzerland, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Switzerland recorded 1.0% for interest payments in 2023.
The figure is up 37.3% on the previous year and down 50.0% over ten years.
Over the whole period, interest payments in Switzerland peaked at 4.5% in 1994 and was at its lowest, 0.6%, in 2021.
That places Switzerland 139th out of 152 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Interest payments in Switzerland, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 2.0% | — |
| 1973 | 1.9% | -9.0% |
| 1974 | 2.0% | +5.9% |
| 1975 | 2.2% | +13.0% |
| 1976 | 2.0% | -9.3% |
| 1977 | 2.6% | +31.4% |
| 1978 | 2.5% | -3.5% |
| 1979 | 2.4% | -4.0% |
| 1980 | 2.6% | +5.3% |
| 1981 | 2.9% | +13.7% |
| 1982 | 2.6% | -10.3% |
| 1983 | 2.4% | -7.6% |
| 1984 | 2.2% | -8.9% |
| 1990 | 3.5% | +59.6% |
| 1991 | 3.5% | -0.9% |
| 1992 | 4.0% | +13.6% |
| 1993 | 3.7% | -7.7% |
| 1994 | 4.5% | +23.2% |
| 1995 | 4.5% | -0.8% |
| 1996 | 3.9% | -12.0% |
| 1997 | 4.0% | +2.4% |
| 1998 | 4.3% | +6.0% |
| 1999 | 4.3% | +1.0% |
| 2000 | 4.2% | -3.1% |
| 2001 | 4.2% | -0.3% |
| 2002 | 3.7% | -10.9% |
| 2003 | 3.5% | -7.0% |
| 2004 | 3.5% | +0.2% |
| 2005 | 3.9% | +11.9% |
| 2006 | 4.3% | +11.9% |
| 2007 | 3.9% | -10.5% |
| 2008 | 3.6% | -8.3% |
| 2009 | 3.0% | -16.1% |
| 2010 | 2.8% | -7.5% |
| 2011 | 2.5% | -9.0% |
| 2012 | 2.3% | -9.9% |
| 2013 | 2.0% | -13.7% |
| 2014 | 1.8% | -7.6% |
| 2015 | 1.7% | -6.4% |
| 2016 | 1.5% | -13.7% |
| 2017 | 1.2% | -15.7% |
| 2018 | 1.0% | -18.4% |
| 2019 | 0.9% | -10.1% |
| 2020 | 0.7% | -24.9% |
| 2021 | 0.6% | -14.7% |
| 2022 | 0.7% | +23.1% |
| 2023 | 1.0% | +37.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.2% | 1.9% | 2.6% | 8 |
| 1980s | 2.6% | 2.2% | 2.9% | 5 |
| 1990s | 4.0% | 3.5% | 4.5% | 10 |
| 2000s | 3.8% | 3.0% | 4.3% | 10 |
| 2010s | 1.8% | 0.9% | 2.8% | 10 |
| 2020s | 0.7% | 0.6% | 1.0% | 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 interest payments in Switzerland?
- Interest payments in Switzerland was 1.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Switzerland?
- The highest recorded value was 4.5% in 1994.
- What is the lowest interest payments recorded in Switzerland?
- The lowest recorded value was 0.6% in 2021.
- How does Switzerland rank for interest payments?
- Switzerland ranks 139th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Switzerland?
- Over the last ten years it is down 50.0%. The long-run trend across the full record is falling.
- 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 Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.