Switzerland Government Debt To GDP

Switzerland recorded a Government Debt of 35.40 percent of the country's Gross Domestic Product in 2013. Government Debt To GDP in Switzerland is reported by the Swiss National Bank. Government Debt To GDP in Switzerland averaged 41.78 Percent from 1982 until 2013, reaching an all time high of 54.60 Percent in 1998 and a record low of 25.10 Percent in 1982. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Switzerland Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
35.40 36.40 54.60 25.10 35.19 | 2014/06 1982 - 2013 Percent Yearly

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Switzerland Government Debt To GDP
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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 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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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.
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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.
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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.
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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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