Taxes on goods and services in Switzerland
Switzerland: Taxes on goods and services was 43.17 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Switzerland, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Switzerland recorded 43.17 billion current LCU for taxes on goods and services in 2024. That is the highest value across all 53 years on record.
The figure is up 11.5% on the previous year and up 20.7% over ten years.
Over the whole period, taxes on goods and services in Switzerland peaked at 43.17 billion current LCU in 2024 and was at its lowest, 4.13 billion current LCU, in 1972.
Switzerland ranks 93rd of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.26 billion current LCU | 4.13 billion current LCU | 6.48 billion current LCU | 8 |
| 1980s | 10.33 billion current LCU | 7.03 billion current LCU | 13.75 billion current LCU | 10 |
| 1990s | 20.51 billion current LCU | 17.27 billion current LCU | 26.47 billion current LCU | 10 |
| 2000s | 30.54 billion current LCU | 27.97 billion current LCU | 33.81 billion current LCU | 10 |
| 2010s | 35.83 billion current LCU | 34.65 billion current LCU | 36.93 billion current LCU | 10 |
| 2020s | 39.03 billion current LCU | 36.20 billion current LCU | 43.17 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 taxes on goods and services in Switzerland?
- Taxes on goods and services in Switzerland was 43.17 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Switzerland?
- The highest recorded value was 43.17 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Switzerland?
- The lowest recorded value was 4.13 billion current LCU in 1972.
- How does Switzerland rank for taxes on goods and services?
- Switzerland ranks 93rd out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Switzerland?
- Over the last ten years it is up 20.7%. The long-run trend across the full record is volatile.
- 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.