Taxes on goods and services (current LCU), per unit of GDP in Switzerland
Switzerland: Taxes on goods and services (current LCU), per unit of GDP was 0.0445 current LCU per US$ of GDP in 2024. ▼ Falling
Taxes on goods and services (current LCU), per unit of GDP in Switzerland, 1972–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Switzerland recorded 0.0445 current LCU per US$ of GDP for taxes on goods and services (current lcu), per unit of gdp in 2024.
Compared with earlier readings it is up 6.7% on the previous year and down 7.8% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Switzerland peaked at 0.1106 current LCU per US$ of GDP in 1972 and was at its lowest, 0.0417 current LCU per US$ of GDP, in 2023.
That places Switzerland 148th out of 157 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 53 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Switzerland, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 0.1106 current LCU per US$ of GDP | — |
| 1973 | 0.0907 current LCU per US$ of GDP | -18.0% |
| 1974 | 0.0849 current LCU per US$ of GDP | -6.4% |
| 1975 | 0.0732 current LCU per US$ of GDP | -13.7% |
| 1976 | 0.0756 current LCU per US$ of GDP | +3.2% |
| 1977 | 0.0764 current LCU per US$ of GDP | +1.1% |
| 1978 | 0.0593 current LCU per US$ of GDP | -22.4% |
| 1979 | 0.0555 current LCU per US$ of GDP | -6.3% |
| 1980 | 0.0565 current LCU per US$ of GDP | +1.8% |
| 1981 | 0.0673 current LCU per US$ of GDP | +19.1% |
| 1982 | 0.0708 current LCU per US$ of GDP | +5.2% |
| 1983 | 0.0773 current LCU per US$ of GDP | +9.2% |
| 1984 | 0.087 current LCU per US$ of GDP | +12.6% |
| 1985 | 0.0956 current LCU per US$ of GDP | +9.9% |
| 1986 | 0.0729 current LCU per US$ of GDP | -23.7% |
| 1987 | 0.0617 current LCU per US$ of GDP | -15.4% |
| 1988 | 0.0589 current LCU per US$ of GDP | -4.6% |
| 1989 | 0.0651 current LCU per US$ of GDP | +10.5% |
| 1990 | 0.064 current LCU per US$ of GDP | -1.6% |
| 1991 | 0.0645 current LCU per US$ of GDP | +0.7% |
| 1992 | 0.0615 current LCU per US$ of GDP | -4.6% |
| 1993 | 0.0665 current LCU per US$ of GDP | +8.1% |
| 1994 | 0.0605 current LCU per US$ of GDP | -8.9% |
| 1995 | 0.0596 current LCU per US$ of GDP | -1.4% |
| 1996 | 0.0615 current LCU per US$ of GDP | +3.2% |
| 1997 | 0.0746 current LCU per US$ of GDP | +21.3% |
| 1998 | 0.0798 current LCU per US$ of GDP | +6.9% |
| 1999 | 0.0877 current LCU per US$ of GDP | +9.9% |
| 2000 | 0.1033 current LCU per US$ of GDP | +17.8% |
| 2001 | 0.1001 current LCU per US$ of GDP | -3.1% |
| 2002 | 0.0891 current LCU per US$ of GDP | -11.0% |
| 2003 | 0.0776 current LCU per US$ of GDP | -12.9% |
| 2004 | 0.0723 current LCU per US$ of GDP | -6.8% |
| 2005 | 0.0712 current LCU per US$ of GDP | -1.6% |
| 2006 | 0.0704 current LCU per US$ of GDP | -1.1% |
| 2007 | 0.0654 current LCU per US$ of GDP | -7.1% |
| 2008 | 0.0588 current LCU per US$ of GDP | -10.0% |
| 2009 | 0.0585 current LCU per US$ of GDP | -0.6% |
| 2010 | 0.0568 current LCU per US$ of GDP | -2.9% |
| 2011 | 0.0486 current LCU per US$ of GDP | -14.5% |
| 2012 | 0.0505 current LCU per US$ of GDP | +4.0% |
| 2013 | 0.0496 current LCU per US$ of GDP | -1.8% |
| 2014 | 0.0483 current LCU per US$ of GDP | -2.7% |
| 2015 | 0.0509 current LCU per US$ of GDP | +5.5% |
| 2016 | 0.0511 current LCU per US$ of GDP | +0.4% |
| 2017 | 0.0523 current LCU per US$ of GDP | +2.3% |
| 2018 | 0.0495 current LCU per US$ of GDP | -5.4% |
| 2019 | 0.0496 current LCU per US$ of GDP | +0.4% |
| 2020 | 0.0479 current LCU per US$ of GDP | -3.5% |
| 2021 | 0.0453 current LCU per US$ of GDP | -5.3% |
| 2022 | 0.0454 current LCU per US$ of GDP | +0.1% |
| 2023 | 0.0417 current LCU per US$ of GDP | -8.2% |
| 2024 | 0.0445 current LCU per US$ of GDP | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0783 current LCU per US$ of GDP | 0.0555 current LCU per US$ of GDP | 0.1106 current LCU per US$ of GDP | 8 |
| 1980s | 0.0713 current LCU per US$ of GDP | 0.0565 current LCU per US$ of GDP | 0.0956 current LCU per US$ of GDP | 10 |
| 1990s | 0.068 current LCU per US$ of GDP | 0.0596 current LCU per US$ of GDP | 0.0877 current LCU per US$ of GDP | 10 |
| 2000s | 0.0767 current LCU per US$ of GDP | 0.0585 current LCU per US$ of GDP | 0.1033 current LCU per US$ of GDP | 10 |
| 2010s | 0.0507 current LCU per US$ of GDP | 0.0483 current LCU per US$ of GDP | 0.0568 current LCU per US$ of GDP | 10 |
| 2020s | 0.045 current LCU per US$ of GDP | 0.0417 current LCU per US$ of GDP | 0.0479 current LCU per US$ of GDP | 5 |
Countries ranked near Switzerland
- 145 Ireland 0.0544 current LCU per US$ of GDP compare
- 146 Naoero 0.0532 current LCU per US$ of GDP compare
- 147 Singapore 0.0508 current LCU per US$ of GDP compare
- 149 Canada 0.0378 current LCU per US$ of GDP compare
- 150 Panama 0.0351 current LCU per US$ of GDP compare
- 151 Timor-Leste 0.0315 current LCU per US$ of GDP compare
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 taxes on goods and services (current lcu), per unit of gdp in Switzerland?
- Taxes on goods and services (current lcu), per unit of gdp in Switzerland was 0.0445 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Switzerland?
- The highest recorded value was 0.1106 current LCU per US$ of GDP in 1972.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Switzerland?
- The lowest recorded value was 0.0417 current LCU per US$ of GDP in 2023.
- How does Switzerland rank for taxes on goods and services (current lcu), per unit of gdp?
- Switzerland ranks 148th out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Switzerland?
- Over the last ten years it is down 7.8%. The long-run trend across the full record is falling.
- Where does this Switzerland data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.