Switzerland vs United States

Switzerland vs United States: Government debt

Government debt in 2025: 40.1% of GDP in Switzerland and 124.4% of GDP in United States, by IMF estimates. In 2025 the value was higher in United States, by 84.3 percentage points, or 3.11 times that in Switzerland.

% of GDP · IMF

Switzerland vs United States: Government debtGovernment debt in 2025: 40.1% of GDP in Switzerland and 124.4% of GDP in United States, by IMF estimates. In 2025 the value was higher in United States, by 84.3 percentage points, or 3.11 times that in Switzerland.
SwitzerlandUnited StatesIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • United States has been higher since 2003, when it overtook Switzerland.
  • In 2025, Switzerland ranked 106 and United States ranked 6 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts Switzerland at 35.9% of GDP and United States at 145% of GDP in 2031.

Every year

% of GDP · IMF

YearSwitzerlandUnited States
202540.1124.4
202440.4122.3
202340.2120
202239.2119.2
202143.3125
202045.3132.6
201941108.8
201841.1107.7
201742106.5
201642107.5
201543.1105.5
201442.9105
201342.9105
201243.6103.7
201142.9100
201042.695.7
200944.387.1
200846.273.9
200745.965
200647.964.6
200554.265.8
200457.266.4
200356.359
20025755.9
200150.853.5
200051.9–
199952–
199855.4–
199753.1–
199650.7–
199549.4–
199446.5–
199343.8–
199239.1–
199134.8–
199033.1–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearSwitzerlandUnited States
202638.3126.8
202737.8128.7
202837.1132.3
202937136.4
203036.2140.7
203135.9145

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

Switzerland vs United States

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