Canada vs Switzerland

Canada vs Switzerland: Government debt

Government debt in 2025: 113.6% of GDP in Canada and 40.1% of GDP in Switzerland, by IMF estimates. In 2025 the value was higher in Canada, by 73.5 percentage points, or 2.84 times that in Switzerland.

% of GDP · IMF

Canada vs Switzerland: Government debtGovernment debt in 2025: 113.6% of GDP in Canada and 40.1% of GDP in Switzerland, by IMF estimates. In 2025 the value was higher in Canada, by 73.5 percentage points, or 2.84 times that in Switzerland.
CanadaSwitzerlandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Canada has been higher in every year both have figures for since 1990.
  • In 2025, Canada ranked 8 and Switzerland ranked 106 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Canada at 107% of GDP and Switzerland at 35.9% of GDP in 2031.

Every year

% of GDP · IMF

YearCanadaSwitzerland
2025113.640.1
202411040.4
2023105.140.2
2022103.539.2
2021112.643.3
2020118.145.3
201990.141
201890.841.1
20179142
201692.542
201592.343.1
201485.842.9
201387.742.9
20128743.6
201184.342.9
20108442.6
200981.844.3
200870.446.2
200767.245.9
200669.947.9
200570.654.2
200471.957.2
200375.956.3
200279.657
200181.550.8
200080.451.9
19998952
199893.355.4
199795.353.1
1996100.250.7
1995100.149.4
199497.546.5
199394.743.8
199288.239.1
199181.734.8
199073.733.1
198971–
198869.8–
198769.8–
198669.3–
198565.2–
198460.2–
198357.2–
198251.7–
198146.1–
198044.6–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearCanadaSwitzerland
2026115.638.3
2027113.437.8
2028111.837.1
2029110.437
2030108.836.2
203110735.9

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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