Current account balance (credit less debit), Net (credits less) in Switzerland
Switzerland: Current account balance (credit less debit), Net (credits less) was 72.01 billion in 2024. ▲ Rising
Current account balance (credit less debit), Net (credits less debits) in Switzerland, 2005–2024
Source: International Monetary Fund.
Analysis
Switzerland recorded 72.01 billion for current account balance (credit less debit), net (credits less debits) in 2024.
The figure is up 36.5% on the previous year and up 32.9% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Switzerland peaked at 82.42 billion in 2010 and was at its lowest, 3.32 billion, in 2020.
Switzerland ranks 9th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Current account balance (credit less debit), Net (credits less) in Switzerland, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 47.70 billion | — |
| 2006 | 56.42 billion | +18.3% |
| 2007 | 43.04 billion | -23.7% |
| 2008 | 9.87 billion | -77.1% |
| 2009 | 35.00 billion | +254.8% |
| 2010 | 82.42 billion | +135.5% |
| 2011 | 49.37 billion | -40.1% |
| 2012 | 64.66 billion | +31.0% |
| 2013 | 72.58 billion | +12.3% |
| 2014 | 54.18 billion | -25.4% |
| 2015 | 63.81 billion | +17.8% |
| 2016 | 49.73 billion | -22.1% |
| 2017 | 36.97 billion | -25.7% |
| 2018 | 44.40 billion | +20.1% |
| 2019 | 29.63 billion | -33.3% |
| 2020 | 3.32 billion | -88.8% |
| 2021 | 62.55 billion | +1784.3% |
| 2022 | 76.91 billion | +23.0% |
| 2023 | 52.77 billion | -31.4% |
| 2024 | 72.01 billion | +36.5% |
Switzerland compared with similar countries
- Switzerland's 72.01 billion is above the median for high income countries, which is 547.38 million, 131.6× the median. (72 countries reporting)
- Switzerland's 72.01 billion is above the median for Europe & Central Asia, which is -449.44 million. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Switzerland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1784.3% | 3.32 billion | 62.55 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.41 billion | 9.87 billion | 56.42 billion | 5 |
| 2010s | 54.78 billion | 29.63 billion | 82.42 billion | 10 |
| 2020s | 53.51 billion | 3.32 billion | 76.91 billion | 5 |
Countries ranked near Switzerland
More financial sector data for Switzerland
- Reserve position in the IMF, US dollar, annual growth rate 10.03 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 230.34 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 4.78 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 168.19 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 10.03 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 230.34 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 4.78 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Switzerland?
- Current account balance (credit less debit), net (credits less debits) in Switzerland was 72.01 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Switzerland?
- The highest recorded value was 82.42 billion in 2010.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Switzerland?
- The lowest recorded value was 3.32 billion in 2020.
- How does Switzerland rank for current account balance (credit less debit), net (credits less debits)?
- Switzerland ranks 9th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Switzerland?
- Over the last ten years it is up 32.9%. The long-run trend across the full record is rising.
- Where does this Switzerland data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.