Current account balance as a proportion of GDP in Switzerland
Switzerland: Current account balance as a proportion of GDP was 7.7% in 2024. ▼ Falling
Latest (2024)
7.7%
Change on year
up 30.3%
World rank
21st
of 204 countries
All-time high
13.8%
in 2010
All-time low
0.4%
in 2020
Years of data
25
2000–2024
Current account balance as a proportion of GDP in Switzerland, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for current account balance as a proportion of gdp in Switzerland is 7.7%, measured in 2024.
That represents a change of up 30.3% on the previous year and up 3.1% over ten years.
Over the whole period, current account balance as a proportion of gdp in Switzerland peaked at 13.8% in 2010 and was at its lowest, 0.4%, in 2020.
Switzerland ranks 21st of 204 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 25 years of available data.
Current account balance as a proportion of GDP in Switzerland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 11.3% | — |
| 2001 | 7.2% | -36.3% |
| 2002 | 7.4% | +3.4% |
| 2003 | 11.3% | +51.6% |
| 2004 | 12.5% | +11.0% |
| 2005 | 11.4% | -9.0% |
| 2006 | 12.8% | +12.0% |
| 2007 | 8.8% | -31.3% |
| 2008 | 1.7% | -80.2% |
| 2009 | 6.3% | +263.1% |
| 2010 | 13.8% | +117.9% |
| 2011 | 6.9% | -49.9% |
| 2012 | 9.4% | +36.6% |
| 2013 | 10.3% | +9.1% |
| 2014 | 7.5% | -27.4% |
| 2015 | 9.2% | +23.3% |
| 2016 | 7.2% | -21.4% |
| 2017 | 5.3% | -26.4% |
| 2018 | 6.1% | +15.1% |
| 2019 | 4.1% | -32.9% |
| 2020 | 0.4% | -89.1% |
| 2021 | 7.7% | +1614.8% |
| 2022 | 9.3% | +21.0% |
| 2023 | 5.9% | -36.4% |
| 2024 | 7.7% | +30.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.1% | 1.7% | 12.8% | 10 |
| 2010s | 8.0% | 4.1% | 13.8% | 10 |
| 2020s | 6.2% | 0.4% | 9.3% | 5 |
Countries ranked near Switzerland
- 18 Netherlands (Kingdom of the) 9.1% compare
- 19 South Sudan 7.9% compare
- 20 Faroe Islands 7.8% compare
- 22 French Polynesia 7.5% compare
- 23 Micronesia (Federated States of) 7.1% compare
- 24 Malta 7.1% compare
More economy & growth data for Switzerland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.6894 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.2 Percent per annum (2029)
- Exports of goods and services (current LCU), annual growth rate 11.37 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.6489 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 74,473 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.81 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.5554 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 63,747 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 5.74 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.26 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Switzerland?
- Current account balance as a proportion of gdp in Switzerland was 7.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Switzerland?
- The highest recorded value was 13.8% in 2010.
- What is the lowest current account balance as a proportion of gdp recorded in Switzerland?
- The lowest recorded value was 0.4% in 2020.
- How does Switzerland rank for current account balance as a proportion of gdp?
- Switzerland ranks 21st out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Switzerland?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is falling.
- Where does this Switzerland data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).