Services balance (credit less debit), Net (credits less debits) in Switzerland
Switzerland: Services balance (credit less debit), Net (credits less debits) was -17.21 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Switzerland, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Switzerland is -17.21 billion, measured in 2024.
Compared with earlier readings it is up 3.5% on the previous year and down 1,226.3% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Switzerland peaked at 18.04 billion in 2008 and was at its lowest, -30.28 billion, in 2020.
That places Switzerland 187th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Switzerland, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 7.34 billion | — |
| 2006 | 9.85 billion | +34.2% |
| 2007 | 14.62 billion | +48.5% |
| 2008 | 18.04 billion | +23.4% |
| 2009 | 10.97 billion | -39.2% |
| 2010 | 8.43 billion | -23.2% |
| 2011 | 3.07 billion | -63.6% |
| 2012 | 6.55 billion | +113.5% |
| 2013 | 3.82 billion | -41.7% |
| 2014 | 1.53 billion | -60.0% |
| 2015 | -898.44 million | -158.8% |
| 2016 | -4.46 billion | +396.4% |
| 2017 | -14.92 billion | +234.5% |
| 2018 | -8.76 billion | -41.3% |
| 2019 | -13.32 billion | +52.1% |
| 2020 | -30.28 billion | +127.3% |
| 2021 | -27.51 billion | -9.1% |
| 2022 | -16.34 billion | -40.6% |
| 2023 | -17.84 billion | +9.2% |
| 2024 | -17.21 billion | -3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.16 billion | 7.34 billion | 18.04 billion | 5 |
| 2010s | -1.90 billion | -14.92 billion | 8.43 billion | 10 |
| 2020s | -21.83 billion | -30.28 billion | -16.34 billion | 5 |
Countries ranked near Switzerland
More financial sector data for Switzerland
- Net domestic credit (current LCU), per capita 141,431 current LCU per person (2016)
- Net domestic credit (current LCU), per unit of GDP 1.7 current LCU per US$ of GDP (2016)
- Net domestic credit (current LCU), annual growth rate 3.56 % change on previous year (2016)
- Gold reserves at 35 SDRs per ounce 1.17 billion SDR (2025)
- Gold reserves at market value 106.64 billion SDR (2025)
- Reserves excluding gold, foreign exchange 667.88 billion SDR (2025)
- Reserves excluding gold 678.82 billion SDR (2025)
- Total reserves (gold at market value) 785.45 billion SDR (2025)
- Total reserves (gold at national valuation) 785.03 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 86,338 SDR per person (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Switzerland?
- Services balance (credit less debit), net (credits less debits) in Switzerland was -17.21 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Switzerland?
- The highest recorded value was 18.04 billion in 2008.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Switzerland?
- The lowest recorded value was -30.28 billion in 2020.
- How does Switzerland rank for services balance (credit less debit), net (credits less debits)?
- Switzerland ranks 187th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Switzerland?
- Over the last ten years it is down 1,226.3%. The long-run trend across the full record is volatile.
- Where does this Switzerland data come from?
- The figures come from International Monetary Fund, published as part of Services 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.