Switzerland - Government Expenditures





Switzerland: Government Expenditures

Mnemonic GVEXT.ICHE
Unit Mil. CHF
Annual 4.47 %
Data 2020 77,679
2019 74,358

Series Information

Source Banque National Suisse
Release Public Sector Finances
Frequency Annual
Start Date 12/31/1991
End Date 12/31/2020

Switzerland: Government

Reference Last Previous Units Frequency
Government Budget Balance 2020 1,464 3,067 Mil. CHF Annual
Government Expenditures 2020 77,679 74,358 Mil. CHF Annual
Government Revenues 2020 79,143 77,425 Mil. CHF Annual
Gross External Debt 2018 Q3 0 0 USD, NSA Quarterly
Outstanding Public Debt 2017 102,474 97,462 Mil. CHF Annual

Release Information

For Switzerland, the Public Sector Finances release includes annual data obtained from the Swiss National Bank (main data source is Federal Finance Administration). Available series include taxes, revenues, expenditure by various types and functions, balance and debt of the confederation, the cantons and the municipalities. Annual from 1991.

The IMF writes:

Analytical framework: The data disseminated under the SDDS are provided by the financial statistics of the public administrations. These statistics include the financial transactions of the administrations of the Confederation, the cantons and communes as well as the mandatory social security. The financial statistics prove the cash-effective transactions and the remaining capital-forming operations. Thus not only include the payments for the task fulfilment, but also the remaining expenditure and revenue are represented. Also the assets and liabilities of the public administrations are statistically worked on and evaluated.

Relationship with international guidelines: The classifications and definitions applied in the financial statistics of the public administrations are close to those of the GFSM (1986), SCM and the SEC. Reclassification makes it possible to respect on the whole the international nomenclatures.

Scope

Institutional coverage of general government in reported data: The general government sector includes:

  • Central government (Confederation) including all public funds, like railway infrastructure financing fund as well as the Swiss Federal Institutes of Technology
  • State government (26 cantons) including all public funds on the level of the state Government
  • Local government (2900 communes)
  • Social security funds

Institutions belonging to the sector of general government are identified as well by their legal form as according to the rule of 50% (their sales are smaller than 50% of their production costs). The reported data for local government cover all local government but a part of the figures are estimates.