Japan vs Switzerland

Japan vs Switzerland: Government debt

Government debt: 213.6% of GDP in Japan in 2024 and 40.1% of GDP in Switzerland in 2025, by IMF estimates. In 2024 the value was higher in Japan, by 173.2 percentage points, or 5.29 times that in Switzerland.

% of GDP · IMF

Japan vs Switzerland: Government debtGovernment debt: 213.6% of GDP in Japan in 2024 and 40.1% of GDP in Switzerland in 2025, by IMF estimates. In 2024 the value was higher in Japan, by 173.2 percentage points, or 5.29 times that in Switzerland.
JapanSwitzerlandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Japan has been higher in every year both have figures for since 1990.
  • The IMF projection (World Economic Outlook, October 2026) puts Japan at 188.9% of GDP and Switzerland at 35.9% of GDP in 2031.

Every year

% of GDP · IMF

YearJapanSwitzerland
2025204.840.1
2024213.640.4
2023220.140.2
202222839.2
2021222.643.3
2020228.845.3
2019206.341
2018203.741.1
2017203.142
2016202.142
2015200.143.1
2014203.642.9
2013201.242.9
2012197.143.6
2011190.642.9
2010178.642.6
2009172.944.3
2008153.646.2
2007150.445.9
2006152.147.9
2005153.454.2
2004148.857.2
2003140.256.3
2002134.657
2001126.850.8
2000118.551.9
1999113.552
1998101.655.4
199791.353.1
199685.350.7
199580.749.4
199473.346.5
199363.243.8
199257.939.1
199154.134.8
199054.833.1
198956.9–
198862.4–
198765.8–
198664.2–
198559.2–
198456.9–
198355.1–
198250.1–
198145.8–
198041.4–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearJapanSwitzerland
2026199.438.3
2027196.437.8
2028193.837.1
2029191.537
2030190.136.2
2031188.935.9

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

Japan vs Switzerland

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