Services balance (credit less debit), Net (credits less debits) (US) in Switzerland
Switzerland: Services balance (credit less debit), Net (credits less debits) (US) 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) (US) 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% |
Switzerland compared with similar countries
- Switzerland's -17.21 billion is below the median for high income countries, which is 910.63 million. (72 countries reporting)
- Switzerland's -17.21 billion is below the median for Europe & Central Asia, which is 2.79 billion. (50 countries reporting)
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
- 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 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.