Expense in Switzerland
Switzerland: Expense was 16.1% in 2023. ▲ Rising
Expense in Switzerland, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Switzerland stood at 16.1%.
The figure is up 1.4% on the previous year and down 2.3% over ten years.
Over the whole period, expense in Switzerland peaked at 19.7% in 2020 and was at its lowest, 10.9%, in 1972.
Switzerland ranks 131st of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 47 years of available data.
Expense in Switzerland, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1972 | 10.9% | — |
| 1973 | 12.2% | +11.6% |
| 1974 | 12.8% | +5.1% |
| 1975 | 14.9% | +16.3% |
| 1976 | 16.7% | +12.1% |
| 1977 | 17.0% | +1.5% |
| 1978 | 16.7% | -1.7% |
| 1979 | 16.8% | +0.6% |
| 1980 | 16.4% | -2.2% |
| 1981 | 15.8% | -4.0% |
| 1982 | 16.5% | +4.6% |
| 1983 | 16.9% | +2.5% |
| 1984 | 17.0% | +0.5% |
| 1990 | 13.8% | -18.6% |
| 1991 | 14.9% | +7.5% |
| 1992 | 16.1% | +8.6% |
| 1993 | 17.3% | +7.3% |
| 1994 | 17.4% | +0.5% |
| 1995 | 17.4% | -0.3% |
| 1996 | 18.0% | +3.8% |
| 1997 | 18.3% | +1.4% |
| 1998 | 18.3% | +0.2% |
| 1999 | 19.0% | +3.5% |
| 2000 | 18.3% | -3.4% |
| 2001 | 17.3% | -5.5% |
| 2002 | 19.2% | +10.9% |
| 2003 | 18.1% | -5.6% |
| 2004 | 17.9% | -1.0% |
| 2005 | 17.6% | -2.1% |
| 2006 | 16.6% | -5.3% |
| 2007 | 16.1% | -3.3% |
| 2008 | 15.6% | -2.8% |
| 2009 | 16.6% | +6.4% |
| 2010 | 16.4% | -1.3% |
| 2011 | 16.4% | -0.2% |
| 2012 | 16.3% | -0.8% |
| 2013 | 16.5% | +1.5% |
| 2014 | 16.4% | -0.7% |
| 2015 | 16.8% | +2.4% |
| 2016 | 17.0% | +1.2% |
| 2017 | 16.9% | -0.2% |
| 2018 | 16.4% | -3.3% |
| 2019 | 16.5% | +0.8% |
| 2020 | 19.7% | +19.1% |
| 2021 | 18.4% | -6.5% |
| 2022 | 15.9% | -13.6% |
| 2023 | 16.1% | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.8% | 10.9% | 17.0% | 8 |
| 1980s | 16.5% | 15.8% | 17.0% | 5 |
| 1990s | 17.1% | 13.8% | 19.0% | 10 |
| 2000s | 17.3% | 15.6% | 19.2% | 10 |
| 2010s | 16.6% | 16.3% | 17.0% | 10 |
| 2020s | 17.5% | 15.9% | 19.7% | 4 |
Countries ranked near Switzerland
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9739 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 111,777 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 1.5 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8097 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 92,926 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.28 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7919 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is expense in Switzerland?
- Expense in Switzerland was 16.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Switzerland?
- The highest recorded value was 19.7% in 2020.
- What is the lowest expense recorded in Switzerland?
- The lowest recorded value was 10.9% in 1972.
- How does Switzerland rank for expense?
- Switzerland ranks 131st out of 157 countries with data for 2023.
- Is expense rising or falling in Switzerland?
- Over the last ten years it is down 2.3%. The long-run trend across the full record is rising.
- 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 Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.