Australia vs Switzerland

Australia vs Switzerland: Government debt

Government debt in 2025: 51.9% of GDP in Australia and 40.1% of GDP in Switzerland, by IMF estimates. In 2025 the value was higher in Australia, by 11.8 percentage points, or 1.3 times that in Switzerland.

% of GDP · IMF

Australia vs Switzerland: Government debtGovernment debt in 2025: 51.9% of GDP in Australia and 40.1% of GDP in Switzerland, by IMF estimates. In 2025 the value was higher in Australia, by 11.8 percentage points, or 1.3 times that in Switzerland.
AustraliaSwitzerlandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Australia has been higher since 2018, when it overtook Switzerland.
  • In 2025, Australia ranked 79 and Switzerland ranked 106 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Australia at 54.3% of GDP and Switzerland at 35.9% of GDP in 2031.

Every year

% of GDP · IMF

YearAustraliaSwitzerland
202551.940.1
202450.940.4
202349.440.2
20225039.2
202155.443.3
202056.945.3
201946.541
201841.641.1
20174142
201640.542
201537.643.1
201433.942.9
201330.342.9
201227.443.6
20112442.9
201020.342.6
200916.644.3
200811.746.2
20079.645.9
20069.947.9
200510.854.2
200411.957.2
200313.256.3
20021557
200117.150.8
200019.551.9
199922.552
199823.755.4
199725.953.1
199629.350.7
199531.149.4
199431.746.5
199330.643.8
199227.639.1
199121.634.8
199016.433.1
198917–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearAustraliaSwitzerland
202652.638.3
202753.237.8
202853.737.1
202954.137
203054.336.2
203154.335.9

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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