Spain vs Switzerland

Spain vs Switzerland: Government debt

Government debt in 2025: 100.5% of GDP in Spain and 40.1% of GDP in Switzerland, by IMF estimates. In 2025 the value was higher in Spain, by 60.4 percentage points, or 2.51 times that in Switzerland.

% of GDP · IMF

Spain vs Switzerland: Government debtGovernment debt in 2025: 100.5% of GDP in Spain and 40.1% of GDP in Switzerland, by IMF estimates. In 2025 the value was higher in Spain, by 60.4 percentage points, or 2.51 times that in Switzerland.
SpainSwitzerlandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Spain has been higher since 2009, when it overtook Switzerland.
  • In 2025, Spain ranked 14 and Switzerland ranked 106 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Spain at 89.4% of GDP and Switzerland at 35.9% of GDP in 2031.

Every year

% of GDP · IMF

YearSpainSwitzerland
2025100.540.1
2024101.440.4
2023105.240.2
2022109.239.2
2021115.643.3
2020119.245.3
201997.641
201899.741.1
2017101.142
201610242
2015102.443.1
2014104.442.9
201310042.9
201289.643.6
201169.542.9
201060.342.6
200953.144.3
200839.646.2
200735.745.9
20063947.9
200542.454.2
200445.357.2
200347.756.3
200251.257
200154.150.8
200057.851.9
199960.952
199862.455.4
199764.353.1
199665.450.7
199561.649.4
19945746.5
199354.643.8
199244.139.1
199141.934.8
199041.333.1
198939.9–
198838.5–
198741.9–
198642.1–
198540.9–
198436–
198329.5–
198224.4–
198119.5–
198016.1–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearSpainSwitzerland
202697.638.3
202795.237.8
202893.237.1
20299237
203090.736.2
203189.435.9

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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