Sweden vs Switzerland

Sweden vs Switzerland: Government debt

Government debt in 2025: 34.6% of GDP in Sweden and 40.1% of GDP in Switzerland, by IMF estimates. In 2025 the value was higher in Switzerland, by 5.5 percentage points, or 1.16 times that in Sweden.

% of GDP · IMF

Sweden vs Switzerland: Government debtGovernment debt in 2025: 34.6% of GDP in Sweden and 40.1% of GDP in Switzerland, by IMF estimates. In 2025 the value was higher in Switzerland, by 5.5 percentage points, or 1.16 times that in Sweden.
SwedenSwitzerlandIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Switzerland has been higher since 2017, when it overtook Sweden.
  • In 2025, Sweden ranked 118 and Switzerland ranked 106 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Sweden at 30.7% of GDP and Switzerland at 35.9% of GDP in 2031.

Every year

% of GDP · IMF

YearSwedenSwitzerland
202534.640.1
202433.940.4
202332.240.2
202234.439.2
202137.243.3
202040.545.3
20193641
201840.241.1
201741.942
201643.242
201544.843.1
201446.142.9
201341.242.9
201238.143.6
201137.842.9
201038.742.6
200941.344.3
20083846.2
200739.345.9
200643.947.9
20054954.2
200448.757.2
200349.556.3
200249.957
20015250.8
200050.451.9
199960.352
199865.455.4
199767.753.1
199668.950.7
199568.749.4
199468.646.5
199366.143.8
1992–39.1
1991–34.8
1990–33.1
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearSwedenSwitzerland
202635.138.3
202735.537.8
202834.837.1
202933.637
203032.336.2
203130.735.9

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

Sweden vs Switzerland

Health

People

Economy

Education

Politics

Conflict

Military

Climate

Technology and environment