The latest comprehensive information for - Switzerland Government Debt to GDP - including latest news, historical data table, charts and more. At 146% of GDP, mortgage debt in Switzerland is already well beyond that threshold. In 1992, Japans's Nikkei (stock market) crashed. Historical data on the value and ratio of Switzerland public debt to its Gross Domestic Product. The data reached an all-time high of 47.1 % in Dec 1998 and a record low of 25.8 % in Dec 2018. National debt stood at 25.8 per cent of gross domestic product (GDP) at the end of 2019. The steep growth in mortgage debt is partly down to Swiss factors: high prices for real estate, a tax system that provides incentives for indebtedness, and the great significance of the rental apartment market – half of which is owned by private individuals. In 1970 industry still employed about 46% of the labor force, but during the economic recession of the 1970s the services sector grew to dominate the national economy. National debt in Switzerland in relation to gross domestic product (GDP) 2025 Ratio of military expenditure to gross domestic product (GDP) in Switzerland … As of December 2019, the nation with the highest debt-to-GDP ratio is Japan, with a ratio of 237%. Switzerland Government debt accounted for 25.8 % of the country's Nominal GDP in Dec 2018, compared with the ratio of 27.7 % in the previous year. 8% is levied on most goods and services, 3.8% on accommodation services, … That was less than half the European Union's widely breached target of 60 per cent. Switzerland government debt to GDP ratio data is updated yearly, available from Dec 1990 to Dec 2018. On a per capita GDP basis Bern ranked 8th and Vaud 13th. Switzerland Government Debt to GDP was 41 % in 2021. Public debt as a percent of GDP by CIA (2012) Government debt as a percent of GDP in the European Union , Norway, and Iceland in 2019 The figures here are represented as a percentage of annual gross domestic product . From 1977 onwards GDP grew again, although Switzerland was also affected by the 1979 energy crisis which resulted in a short-term decrease in Switzerland's energy consumption. Last year, a study by the University of Lausanne listed the six Swiss regions of Zurich (3rd), Ticino (4th), Basel (5th), the region around Zug (6th), Bern-Solothurn (7th) and Suisse romande (8th), Switzerland French-speaking region in Europe’s top 10. The government bailed out banks and insurance companies, providing them with low-interest credit. The public debt-to-GDP ratio in Switzerland has fallen considerably in recent years, from 54.6% in 1998 to 34.7% in 2014. GDP per capita (current US$) - Switzerland from The World Bank: Data Switzerland has the lowest rate of value-added tax in Europe. Graph and download economic data for Central government debt, total (% of GDP) for Switzerland (DEBTTLCHA188A) from 1990 to 2016 about Switzerland, debt, government, and GDP. Statistics on external debt.