Taxes on goods and services (% value added of industry and services) in Switzerland
Switzerland: Taxes on goods and services (% value added of industry and services) was 5.2% in 2024. ▬ Flat
Taxes on goods and services in Switzerland, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
Switzerland recorded 5.2% for taxes on goods and services in 2024.
The figure is up 9.0% on the previous year and down 4.8% over ten years.
Over the whole period, taxes on goods and services in Switzerland peaked at 6.5% in 2000 and was at its lowest, 4.6%, in 1992.
That places Switzerland 127th out of 154 countries with data for 2024, putting it in the bottom quarter.
Taxes on goods and services (% value added of industry and services) in Switzerland, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1990 | 4.8% | — |
| 1991 | 4.7% | -3.0% |
| 1992 | 4.6% | -3.1% |
| 1993 | 4.7% | +2.9% |
| 1994 | 4.6% | -1.7% |
| 1995 | 5.3% | +14.6% |
| 1996 | 5.2% | -1.6% |
| 1997 | 5.4% | +3.5% |
| 1998 | 5.8% | +7.1% |
| 1999 | 6.1% | +6.8% |
| 2000 | 6.5% | +5.2% |
| 2001 | 6.2% | -3.5% |
| 2002 | 6.0% | -3.9% |
| 2003 | 6.0% | +0.7% |
| 2004 | 6.1% | +1.1% |
| 2005 | 6.0% | -1.9% |
| 2006 | 5.9% | -1.8% |
| 2007 | 5.7% | -2.9% |
| 2008 | 5.7% | -0.4% |
| 2009 | 5.6% | -1.3% |
| 2010 | 5.7% | +1.3% |
| 2011 | 5.7% | +0.3% |
| 2012 | 5.6% | -1.8% |
| 2013 | 5.6% | -0.6% |
| 2014 | 5.5% | -1.5% |
| 2015 | 5.5% | +0.3% |
| 2016 | 5.4% | -2.1% |
| 2017 | 5.5% | +2.4% |
| 2018 | 5.2% | -4.9% |
| 2019 | 5.2% | -1.3% |
| 2020 | 5.3% | +2.1% |
| 2021 | 5.1% | -2.7% |
| 2022 | 4.9% | -4.3% |
| 2023 | 4.8% | -2.5% |
| 2024 | 5.2% | +9.0% |
Switzerland compared with similar countries
- Switzerland's 5.2% is below the median for high income countries, which is 11.7%, 45% of the median. (55 countries reporting)
- Switzerland's 5.2% is below the median for Europe & Central Asia, which is 13.0%, 40% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.1% | 4.6% | 6.1% | 10 |
| 2000s | 6.0% | 5.6% | 6.5% | 10 |
| 2010s | 5.5% | 5.2% | 5.7% | 10 |
| 2020s | 5.1% | 4.8% | 5.3% | 5 |
Countries ranked near Switzerland
- 124 Indonesia 5.4% compare
- 125 Niger 5.4%
- 126 Trinidad and Tobago 5.3% compare
- 128 Australia 5.2% compare
- 129 South Korea 4.9% compare
- 130 Bangladesh 4.9% compare
More public sector data for Switzerland
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is taxes on goods and services in Switzerland?
- Taxes on goods and services in Switzerland was 5.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Switzerland?
- The highest recorded value was 6.5% in 2000.
- What is the lowest taxes on goods and services recorded in Switzerland?
- The lowest recorded value was 4.6% in 1992.
- How does Switzerland rank for taxes on goods and services?
- Switzerland ranks 127th out of 154 countries with data for 2024.
- Is taxes on goods and services rising or falling in Switzerland?
- Over the last ten years it is down 4.8%. The long-run trend across the full record is flat.
- 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 Taxes on goods and services (% value added of industry and services). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.