Goods and services expense in Switzerland
Switzerland: Goods and services expense was 10.33 billion current LCU in 2024. ▲ Rising
Goods and services expense in Switzerland, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, goods and services expense in Switzerland stood at 10.33 billion current LCU. That is the highest value across all 48 years on record.
The figure is up 10.4% on the previous year and up 38.4% over ten years.
Over the whole period, goods and services expense in Switzerland peaked at 10.33 billion current LCU in 2024 and was at its lowest, 3.58 billion current LCU, in 1990.
Switzerland ranks 102nd of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 48 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.40 billion current LCU | 3.79 billion current LCU | 6.78 billion current LCU | 8 |
| 1980s | 8.80 billion current LCU | 7.27 billion current LCU | 10.09 billion current LCU | 5 |
| 1990s | 4.69 billion current LCU | 3.58 billion current LCU | 5.41 billion current LCU | 10 |
| 2000s | 5.60 billion current LCU | 5.09 billion current LCU | 6.76 billion current LCU | 10 |
| 2010s | 7.49 billion current LCU | 6.73 billion current LCU | 8.02 billion current LCU | 10 |
| 2020s | 9.06 billion current LCU | 8.26 billion current LCU | 10.33 billion current LCU | 5 |
Countries ranked near Switzerland
More public sector data for Switzerland
- Arms imports 33.00 million SIPRI trend indicator values (2023)
- Tax revenue 9.5% (2024)
- Taxes on income, profits and capital gains 25.1% (2024)
- Taxes on goods and services 29.5% (2024)
- Net investment in nonfinancial assets 1.0% (2024)
- Net lending (+) / net borrowing (-) 0.5% (2024)
- Interest payments 0.9% (2024)
- Grants and other revenue 7.2% (2024)
- Interest payments 1.0% (2023)
- Other taxes 0.0% (2024)
Frequently asked questions
- What is goods and services expense in Switzerland?
- Goods and services expense in Switzerland was 10.33 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Switzerland?
- The highest recorded value was 10.33 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Switzerland?
- The lowest recorded value was 3.58 billion current LCU in 1990.
- How does Switzerland rank for goods and services expense?
- Switzerland ranks 102nd out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Switzerland?
- Over the last ten years it is up 38.4%. The long-run trend across the full record is rising.
- Where does this Switzerland data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.