Switzerland Government Budget

Switzerland is expected to record a balanced budget in 2013. Government Budget in Switzerland is reported by the Swiss Federal Department of Finance. From 1990 until 2012, Switzerland Government Budget averaged -0.7 Percent of GDP reaching an all time high of 2.4 Percent of GDP in December of 2000 and a record low of -3.6 Percent of GDP in December of 1993. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Switzerland Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.00 0.00 2.40 -3.60 0.31 | 2013/12 1990 - 2013 Percent of GDP Yearly

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Switzerland Government Budget
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Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 35.40 2013-12-31 36.40 54.60 25.10 35.19 2014-06-30 Percent [+]
Credit Rating 99.46 [+]
Government Budget Value 3929.00 2013-06-30 782.00 11752.00 -18384.00 4191.25 2013-12-31 CHF Million [+]
Government Spending 15373.20 2013-11-15 15276.10 15373.20 8457.60 15517.25 2014-03-31 CHF Million [+]
Government Budget 0.00 2013-12-31 0.00 2.40 -3.60 0.31 2013-12-31 Percent of GDP [+]
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Government Budget | Notes
A government budget is a legal document that forecasts the government expenditures and revenues for a specific period of time. The period covered by a budget is usually a year, known as a financial or fiscal year, which may or may not correspond with the calendar year. A government budget is often passed by the legislature, and approved by the chief executive or president.


RELATED NEWS

Swiss Unemployment Rate Falls in March  
Swiss unadjusted jobless rate decreased to 3.3 percent in March of 2014 from 3.5 percent in the previous month.
Swiss Inflation Rate Unchanged in March  
Switzerland’s annual inflation rate was recorded at 0.0 percent in March of 2014, after falling 0.1 percent in the previous month. On a monthly basis, prices recorded the highest increase in twelve months.
Swiss Trade Surplus Widens for the Second Straight Month  
Switzerland’s trade surplus increased to CHF 2.6 billion, up from CHF 2.5 billion in the previous month and CHF 1.95 billion a year earlier, boosted by higher exports of chemicals and pharmaceuticals and the strongest growth in sales to China in three years.
Swiss National Bank Keeps Minimum Exchange Rate  
In its March 20th, 2014 meeting, the Swiss Bank left the target range for the Swiss Franc Libor unchanged at 0.0–0.25 percent, maintaining its minimum exchange rate of CHF 1.20 per euro, as no upside risks to the consumer prices are expected in the near future. The Bank also cut its forecast for inflation this year and 2015.
Swiss Inflation Rate Down to 4-Month Low  
In February of 2014, Swiss annual inflation rate fell 0.1 percent after growing 0.1 percent in each of previous three months. A year earlier, prices dropped 0.3 percent. Compared with the previous month, inflation rose to 0.1 percent.
Swiss Unemployment Rate Flat at 3.5%  
Switzerland’s unadjusted jobless rate remained steady at 3.5 percent in February for the second straight month. A year earlier, the unemployment rate was recorded at 3.4 percent.
Swiss GDP Growth Slows in Q4  
In the fourth quarter of 2013, Switzerland’s economic growth slowed to 0.2 percent over the previous three-month period, the lowest rate in six quarters, hurt by a fall in exports due to weak global demand for chemical and pharmaceutical products.
Swiss Trade Surplus Widens in January  
In January of 2014, Switzerland’s trade surplus increased to CHF 2.59 billion, the highest surplus in the last eight months, boosted by higher exports. The chemicals and pharmaceuticals industry generated half of the export growth.
Swiss Inflation Rate Stable at 0.1% in January  
In January of 2014, Switzerland’s annual inflation rate was recorded at 0.1 percent for the third straight month. On a monthly basis, prices fell for the second month in a row by 0.3 percent, as cost of imported products declined 1.3 percent.
Swiss Unemployment Rate Stable in January  
Switzerland’s unemployment rate remained unchanged at 3.5 percent in January of 2014. The number of job seekers rose by 2975 to 208777. Compared to the same period last year, the number of unemployed persons rose by 7000.
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Hong Kong Unemployment Rate Unchanged in March  
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Hong Kong Inflation Rate Unchanged in March  
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Japanese Trade Deficit Widens in March  
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