Current account balance as a share of GDP in Switzerland
Switzerland: Current account balance as a share of GDP was 7.7% in 2024. ▼ Falling
Latest (2024)
7.7%
Change on year
up 30.3%
World rank
22nd
of 193 countries
All-time high
13.8%
in 2010
All-time low
0.5%
in 2020
Years of data
25
2000–2024
Current account balance as a share of GDP in Switzerland, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Switzerland recorded 7.7% for current account balance as a share of gdp in 2024.
The figure is up 30.3% on the previous year and up 3.1% over ten years.
Over the whole period, current account balance as a share of gdp in Switzerland peaked at 13.8% in 2010 and was at its lowest, 0.5%, in 2020.
Switzerland ranks 22nd of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Current account balance as a share of GDP in Switzerland, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 11.3% | — |
| 2001 | 7.2% | -36.3% |
| 2002 | 7.4% | +3.3% |
| 2003 | 11.3% | +51.6% |
| 2004 | 12.5% | +11.1% |
| 2005 | 11.4% | -9.0% |
| 2006 | 12.8% | +12.0% |
| 2007 | 8.8% | -31.3% |
| 2008 | 1.7% | -80.2% |
| 2009 | 6.3% | +263.2% |
| 2010 | 13.8% | +117.7% |
| 2011 | 6.9% | -49.9% |
| 2012 | 9.4% | +36.5% |
| 2013 | 10.3% | +9.1% |
| 2014 | 7.5% | -27.4% |
| 2015 | 9.2% | +23.2% |
| 2016 | 7.2% | -21.3% |
| 2017 | 5.3% | -26.4% |
| 2018 | 6.1% | +15.0% |
| 2019 | 4.1% | -32.8% |
| 2020 | 0.5% | -89.1% |
| 2021 | 7.7% | +1604.4% |
| 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% | 0.5% | 9.3% | 5 |
Countries ranked near Switzerland
- 19 Netherlands 9.1% compare
- 20 South Sudan 7.9% compare
- 21 Faroe Islands 7.8% compare
- 23 French Polynesia 7.5% compare
- 24 Micronesia, Federated States of 7.1% compare
- 25 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)
- Services, value added (current US$), annual growth rate 8.04 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7175 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 82,343 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 2.01 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.5965 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 68,456 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 1.96 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5652 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Switzerland?
- Current account balance as a share of gdp in Switzerland was 7.7% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Switzerland?
- The highest recorded value was 13.8% in 2010.
- What is the lowest current account balance as a share of gdp recorded in Switzerland?
- The lowest recorded value was 0.5% in 2020.
- How does Switzerland rank for current account balance as a share of gdp?
- Switzerland ranks 22nd out of 193 countries with data for 2024.
- Is current account balance as a share 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 International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Current account balance as a proportion of GDP (%).