switzerland debt per capita

Source: WikiMedia Commons. More quiz info >> First submitted: October 5, 2020: If you spend $1,000,000 a day it would take you 739 years and 4 month to spend all Finland debt.739 years and 4 month to spend all Finland debt. This is notably faster than in recent years. Belgium, Finland and France are the other EU Member States with a GDP per capita above the EU average, followed by the United Kingdom. The unemployment rate is encouraging at just 2.2%. South Africa's 2019 population was estimated at 58 558 270 people at mid 2019 according to UN data. Austria, France and Greece all have higher per capita debts than the UK, and their citizens would have to find almost $50,000 each ($49,975, $49,652 and $47,869 respectively). GDP per Capita. phystx At the end of 2018, the OECD derived . States are borrowing more - CNNMoney.com The Gross Domestic Product per capita in Switzerland was last recorded at 85681.97 US dollars in 2020. Switzerland GDP and National Debt The debt of countries in the region is also pretty high and while Belize's per capita GDP is fairly high in comparison, the country is still ridden with a high level of poverty and income disparity. Switzerland gdp per capita for 2019 was $85,300, a 1.31% decline from 2018. Switzerland: 1.820695 × 10 ^ 12: 31 . To check out the raw data and see the short-term vs. long-term breakdown for your state, visit this . The IMF publishes a range of time series data on IMF lending, exchange rates and other economic and financial indicators. SA's Expected debt by 2022: R4 500 000 000 000 which translates to R76 846.53 debt per man woman and child in South Africa. Definition: This entry gives the total public and private debt owed to nonresidents repayable in internationally accepted currencies, goods, or services. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Gross domestic product (GDP), 2019 archive Guess which nations have the largest debt per person in the year 2017 On the other hand, China with a population of about 1.4 billion debt per citizen is over 15 times lower than Japan's, and over 11 times lower than the United States. Rate: Nominate. Switzerland debt to gdp ratio for 2014 was 20.33%, a 0.37% increase . The GDP of Switzerland was last calculated at $705 billion. Countries with the lowest national debt 2017 - Statista External debt per capita: $44,358 Gross external debt: $13.627 trillion (2008 Q3) 2008 GDP: $14.330 trillion. This is a list of countries by external debt in US dollars. According to the South African Revenue Service (SARS) there were 4.8 million taxpayers registered in the 2018 tax year. Debt per adult in Finland 2019 | Statista EUR 73,000 or USD 81,000). Government debt: . Our debt per capita $1,400, is much less than our income per capita, $2,300. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. This is a list of countries of the world sorted by their gross domestic product (GDP) per capita. Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. Same region. That equates to a GDP per capita of $82,797. Debt Statistics - World Bank GDP per capita today. Kuwait has the currency unit with the most value in the world, and holds about 10% of the global oil reserve, thus, it is a petroleum-based economy. Switzerland GDP Per Capita 1960-2022 - Macrotrends Compare the following maps to verify that this general trend is true. The World's Best Countries For Raising Kids, 2021 ... The GDP per capita in the United States was estimated to be 63,415.99 U.S. dollars in 2020. Switzerland - 264% External debt (as % of GDP): 264% External debt per capita: $171,478 Gross external debt: $1.304 trillion (Q4 2008) 2008 GDP: $492.6 billion 7. You could buy 59969 pieces of Lamborghini Veneno for that amount.. You could wrap $100 bills would wrap around the planet 10 times.. In Europe, the overall average of . Military and health. The IMF said in its April 2021 edition of the Fiscal Monitor that fiscal expenditures prompted by the pandemic amounted globally to $16 trillion. The EFTA countries Switzerland, Norway and Iceland have a level of GDP per capita of 60%, 40% and 20% above the EU average, respectively. The total amounts of CO2 Emissions exceeded per capita since 2000 are: Austria 26.1 tons, Czech Republic 15.2 tons and Switzerland 5.9 tons. When it comes to wealth per capita, it's clear that Australia and Switzerland lead the pack. Public debt per capita by country, in USD Country Year Japan * $102,503: $91,768: 2017 . Comparison between Germany and Switzerland. Aggregates. This statistic shows Switzerland's quarterly gross domestic product (GDP) per capita at current prices from the 1st quarter of 2014 to the 2nd quarter of 2019. GDP per capita (constant 2010 US$) - Switzerland. Borrowing by governments . In the 1960s, the canton consisting of (almost exclusively) agricultural land had the highest debt per capita and one of the lowest average incomes in the country. United States - 132.839% But despite its size, Liechtenstein has a per capita GDP of $165,028 — the second highest in the world, surpassed only by Monaco. Switzerland - Total debt: $1,699,690,000,000. Boston Snow Indicator: A market theory that states that a white Christmas in Boston will result in rising stock prices for the following year. 0 Replies . Rounding up the top five are Switzerland, Australia and Norway, recording wealth per capita at $285,000, $204,000 and $200,000, respectively. The GDP per Capita in Switzerland is equivalent to 678 percent of the world's average. Main aggregates, Archive before 2019 benchmark revisions. World Bank national accounts data, and OECD National Accounts data files. Same region. Nominated. It is used to describe the standard of living of a . If you're looking for a more precise figure for 2019, the U.S. government's "Debt to the Penny" dataset puts the amount owing to exactly $23,015,089,744,090.63 as of November 12, 2019. If you spend $1,000,000 a day it would take you 1829 years and 8 month to spend all Switzerland debt.1829 years and 8 month to spend all Switzerland debt. Switzerland is near the top in ranking as a global performer in government transparency, economic competitiveness, quality of life, human development and civil liberties. RELATED New York is also the highest of states ranked by welfare expenditure , though it is further down the list of states dependent on federal aid. Source: WikiMedia Commons. Per capita figures expressed per 1,000 population. And it has virtually no national debt. The most indebted nations are, in fact, the richest ones. Profile Quizzes Subscribed Subscribe? Switzerland has the second highest GDP per capita and the 18th largest economy in the world. Debt Per Capita. 12. Switzerland gdp per capita for 2017 was $83,352, a 0.34% increase from 2016. Debt per capita (US dollars), 2003: 368 External reserves (million US dollars), 2003: 510 Reserves per capita (US dollars), 2003: 167 Aid per capita (US dollars): 81 Infrastructure Closest distance from sea (km): 693 Total road network (km): 8,431 Road density (km per 1,000 km2): 281 Paved roads (% of total): 96.8 Railway lines, total route (km . Today, Zug has an unemployment rate of 1.9% and a GDP per capita estimated at ~$121,000. So UK's debt per capita, $42,000, is higher than income per capita, $40,000. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. However, the liabilities in 2016 have been only 132.48 bn USD. Over the past 46 years, the value for this indicator has fluctuated between 88,740 in 2013 and 5,370 in 1972. . It is among the most highly developed countries on the globe, with the eighth-highest gross domestic product per capita and . United States Total Debt accounted for 895.4 % of the country's GDP in 2020, compared with the ratio of 870.7 % in the previous quarter. Based on the number of inhabitants, this is in Switzerland a debt of 15,822 USD per person. Switzerland: Quarterly gross domestic product (GDP) per capita Q1 2014 to Q2 2019. The figures here are represented per capita. The GNP per capita of Switzerland is $40,630 and the GNP per capita of India is $ 340. Households Debt in Switzerland decreased to 131.80 percent of GDP in the second quarter of 2021 from 133.40 percent of GDP in the first quarter of 2021. US Total Debt: % of GDP data is updated quarterly, available from Dec 1951 to Dec 2020. License : CC BY-4.0. Total National Debt (Public Debt Clock) $9 207. Switzerland has the second highest gross domestic product (GDP) per capita in the world. Manuals, guides, and other material on statistical practices at the IMF, in member countries, and of the statistical community at large are also available. Switzerland Per 100 inhabitants: Total Per 100 inhabitants Q2-2011-Q4-2020 Switzerland (red), OECD - Total . The debt is being used to stimulate and expand the economy and invest in infrastructure and jobs. Alarmingly, the national debt per capita was much higher at 80,085.07 U.S. dollars in the same year. List the top twenty countries with the largest debt per capita. Switzerland gdp per capita for 2018 was $86,430, a 3.69% increase from 2017. External per capita : Total public and private debt owed to non-residents repayable in foreign currency, goods, or services. Switzerland is near the top in ranking as a global performer in government transparency, economic competitiveness, quality of life, human development and civil liberties. The OECD also calls its national debt figure "gross general government debt.". None. In 2020, it rose in all 26 countries with data available, and by more than USD 3 000 PPP per capita in nominal terms in 22 countries. Austria - 191% . In Europe, the variation in debt per adult in the first half of 2019 varies considerably from as low as 534 U.S. dollars in Azerbaijan to almost 143 thousand U.S. dollars in Switzerland, with a . Debt per capita isn't that meaningful. Per capita U.S. state and local government debt outstanding 2019, by state State and local debt in the U.S. as a percentage of GDP in 2019, by state Gross public debt of U.S. states 2000-2025 The outlook does seem to be improving as tourism picks up, and in a few years, Belize may no longer be on this list. Accounting for close to half of all global liabilities, the top three borrowers in the world are the United States, the European Union and the . 54,800. Revealed: 10 richest countries in the world ISLAMABAD -- The per capita income during the fiscal year 2015-16 has witnessed growth of 2.9 percent during the Fiscal Year 2015-16 and ascend to $1560.7 . Note that while a country may have a relatively large external debt (either in absolute or per capita terms) it could actually be a "net international creditor" if its external debt is less than the total of external debt of other countries held by it. 1 Belgium had a population of 11.4 million and a . Line Bar Map. Debt is calculated as the sum of the following liability categories (as applicable): currency and deposits; debt securities, loans; insurance . PPP takes into account the relative cost of living, rather than using only exchange rates . $232 184 884 504. US dollars/capita 2020 Switzerland US dollars/capita: Total US dollars/capita 2001-2020 Switzerland (red), OECD - Total (black) . As countries were hit by the pandemic, global debt rose to $226 trillion, or 256 percent of GDP in 2020. Spain: Second estimate revises up growth in Q3. The tourism and financial services sectors are the mainstays of the economies of these two territories. World Bank national accounts data, and OECD National Accounts data files. December 24, 2021. In 2019, general government gross debt per capita averaged USD 56 961 PPP across OECD countries. One large contributor to the excessive national debt of the United States is its large military expenditure. Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2020 Total National Debt (Public Debt Clock) $26 320. The United States with the highest global national debt of $23.2 trillion has a $70,180 debt per person. Corporation tax is only 8.5% and individual taxes are approximately 23%. $0.96596. Switzerland debt to gdp ratio for 2016 was 19.05%, a 1.18% decline from 2015. The fourth diagram shows the 'per capita Climate Debt' trends between 2010 and 2020, with World average set at 1, of Austria, Switzerland, Czech Republic, Germany, Slovenia and Hungary. Belgium, another European country, makes the top 10 list of countries based on $36,044 in disposable income per capita. While New York leads the country in terms of per capita government debt, at $18,411 per person, California, the most populous state, has the largest amount of total debt, at $507 billion. Similar values. Figures expressed per capita for the same year. Based on the purchasing power parity (PPP) data from 2016, Qatar has the world's highest GNI per capita with a figure of $128,050. The IMF calculated that Switzerland's net national debt was 27.95% of its GDP at the end of 2017. Switzerland * $26,367: $34,225: 2017 Chart: 'America's Per Capita Government Debt Worse Than Greece' 11:21 AM, FEB 23, 2012 BY DANIEL HALPERSingle PagePrintLarger TextSmaller TextAlerts That equates to a GDP per capita of $82,797. Last updated: October 5, 2020. The contribution from the agricultural sector is less than 1%. Switzerland ranks as the 18th largest export economy in the world, with annual exports of $310 billion and a positive trade balance of $16.9 billion (after deducting yearly imports of $294 billion). About 74% of Swiss GDP is generated by the service sector and 25% by industry. And it has virtually no national debt. Line Bar Map. The third diagram shows the Climate Debt as 'Share of global Climate Debt' in 2010, 2015 and 2020, of Austria, Switzerland and Czech Republic. You could buy 148408 pieces of Lamborghini Veneno for that amount.. You could wrap $100 bills would wrap around the planet 25 times.. Home > Countries > Switzerland > Economic Policy & Debt > National accounts. Germany's GDP per Capita (PPP) equals to 39,500 $ with a global rank of 24 compared to Switzerland's GDP per Capita (PPP) which equals to 54,800 $ with a global rank of 9. Households Debt To GDP in Switzerland averaged 111.96 percent of GDP from 1999 until 2021, reaching an all time high of 133.40 percent of GDP in the first quarter of 2021 and a record low of 99.10 percent of GDP in the fourth quarter of 2001. The nightmare scenario Japan: 242% debt-to-GDP ratio, $99,725 debt per person Median per-capita income of $10,840, 9.2 years of work per person Japan has been a debt glutton ever since its stock . Per capita figures expressed per 1 population. World's GDP is $80,934,771,028,340 (nominal, 2017).. See also: GDP per Capita This figure—along with all the supplemental economic stimulus measures that are already in the pipeline—is forecast to push the total public worldwide debt to a record level of about 99% of the . On top of that, the country is naturally endowed with the best environment for perfect healthy living. Switzerland gdp per capita for 2020 was $86,602, a 1.53% increase from 2019. Each Chinese national owes $5,866. The 8.5 million Swiss with a per capita GDP of $65,000 is known for building world-class health and education infrastructure. . At the end of 2015 Swiss GDP per capita stood at CHF 77,943 (approx. Remember, always use GNP PER CAPITA when comparing the economic conditions of different countries.. Population Growth . The gross debt in Switzerland in the period from 1998 to 2016 was between 70.4 bn and 151.6 bn USD. As our economy grows, the size of the debt in proportion to national wealth, measured as gross domestic product, shrinks commensurately. Switzerland - Total debt: $1,699,690,000,000. GDP per capita year to date (annual $69,597) $676 774 906. GDP per capita in Switzerland averaged 69361.09 USD from 1970 until 2020, reaching an all time high of 88413.19 USD in 2019 and a record low of 49581.24 USD in 1970. Belgium, Finland and France are the other EU Member States with a GDP per capita above the EU average, followed by the United Kingdom. Published by Statista Research Department , Jul 5, 2021. Total National Debt per capita. In Europe, the variation in debt per adult varies considerably from as low as 534 U.S. dollars in Azerbaijan to almost 143 thousand U.S. dollars in Switzerland. Switzerland - GNI per capita, Atlas method (current US$) The latest value for GNI per capita, Atlas method (current US$) in Switzerland was 84,410 as of 2018. $77. Switzerland GDP per capita: $94,696.13 GDP: $824.74 billion. Latest official GDP figures published by the World Bank. General government gross debt also rose sharply in per capita terms. General government debt, % of GDP, 2020 Household debt: 221.8 % of disposable income. License : CC BY-4.0. For example, in Christmas of 1995, Boston received . Services is the dominant sector in the . Government debt > Gross government debt, share of GDP : Gross government debt as % of GDP (IMF). Japan. Of course, the U.S. is also the world's largest economy in . According to a second estimate, GDP rose 2.6% on a seasonally-adjusted quarter-on-quarter basis in the third quarter, above the preliminary estimate of a 2.0% increase and following the 1.2% rise recorded in Q2. Download Historical Data. Annual National Accounts, Archive before 2019 benchmark revisions. Highest values. Spotlight. In fact, the data shows that both nations top the lists for both mean and median wealth. Total National Debt per capita. 39,500. Quiz by KevinCanada. However, both nations also have the highest absolute household debt-to-GDP ratios in the world: in 2018, Switzerland's levels reached nearly 129%, while . GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. It is a key indicator for the sustainability of government finance. Public debt per capita. Public debt is not like household debt. Population figures based on United Nations data. Switzerland debt to gdp ratio for 2015 was 20.22%, a 0.1% decline from 2014. 13. External debt (as % of GDP): 121.9%Gross external debt: $1.037 trillion 2009 GDP (est): $851.1 billion External debt per capita: $48,787 Photo: Image Source | Getty Images 8. The exceeded emissions are the basis of the calculation of national Climate Debt. Debt levels per person are also on the rise. GDP per capita Economic News. States are taking on more debt to cover their budget shortfalls and pay for infrastructure projects. 2021 Update of the IMF Global Debt Database International Monetary Fund - 12/15/2021 12:00:00 AM The 2021 update of the IMF's Global Debt Database documents the largest one-year debt surge after World War II. $35 814 215 178. Aggregates. (Source: CIA Factbook) Japan has the dubious distinction of coming in first on our list. Belgium. However, its calculations are actually for total public debt because they also include the debts of government-owned agencies. General government debt-to-GDP ratio measures the gross debt of the general government as a percentage of GDP. GDP per capita is a measurement used to determine economic growth and potential increases in productivity and is calculated by taking the GDP and dividing it by the total population in the country. Switzerland ranks as the 18th largest export economy in the world, with annual exports of $310 billion and a positive trade balance of $16.9 billion (after deducting yearly imports of $294 billion). GDP per capita today. National Debt year to date. GDP today. The largest growth was between the 4th quarter . In general, poorer countries have more rapid rates of population growth. Pixabay. Brunei and Kuwait closed the top five with values of $83,760 and $83,310 respectively. 2013. It is among the most highly developed countries on the globe, with the eighth-highest gross domestic product per capita and . $646 638 902 298. Meet the 7th richest economy in the world by GDP per capita with a 2014 population of 4.1 million people and 78 years life expectancy. Belgium, at $58,134, is above the OECD average of $50,245. GDP per capita (current US$) - Switzerland. In absolute terms, the most indebted nation is the United States, which has a gross debt of $21.5 trillion according to the IMF as of 2018. The data reached an all-time high of 895.4 % in Dec 2020 and a record low of 291.9 % in Mar 1952. 12. This includes data for the International Debt Statistics (IDS) which covers over 120 low- and middle-income countries reporting to the World Bank Debtor Reporting System.In addition, the World Bank collects and publishes quarterly debt data including Quarterly External Debt Statistics (QEDS) for more than 130 countries . National Debt today. Macau (China) was second with a value of $105,790 while Singapore came in the third position with $90,570. The countries with the highest External Debt per Capita are Luxembourg, Monaco, Ireland, Iceland, Singapore with a(n) External Debt per Capita of (5,765,370), (561,080), (458,278), (325,688), (219,296 . Summary The world's average External Debt per Capita is equal to 10,284 $ Luxembourg's External Debt per Capita is 561 times higher than the average External Debt per Capita of the world. Despite political neutrality, Switzerland is one of the most loved countries with the highest global acceptability. 1. "So relatively, the UK is more indebted than Ghana, yet the rate at which the Bank of England lends to banks currently is 0.1 per cent , while Bank of Ghana lends to our banks at 13.5 per cent. On the other end of the spectrum, states with the lowest state and local debt per capita were Idaho ($3,930 per person), Wyoming ($4,191 per person), Arkansas ($4,742 per person), Mississippi ($4,891 per person), and Oklahoma ($4,944 per person). Per capita debt among OECD countries has increased at an average annual rate of 5.9% since 2007. But despite its size, Liechtenstein has a per capita GDP of $165,028 — the second highest in the world, surpassed only by Monaco. The ballooning external debt in the world's largest economies poses yet a different, and perhaps more immediate and greater in scale, danger. The World Bank provides access to timely and comprehensive debt statistics. The GDP of Switzerland was last calculated at $705 billion. None. The British Overseas Territories of Bermuda ($85,263.8) and Cayman Islands ($73,437.5) also have a per capita GDP that is higher than Switzerland, the world's 5th richest country. The country's GDP is the third highest in the world, so business does seem to be booming there. The hightest level within the past 18 years was reached in 2011. Top 20 National Debt Per Capita per Country. General government debt. Switzerland is the world's 4th largest per capita Nuclear Power generator and Czech Republic is 9th. The EFTA countries Switzerland, Norway and Iceland have a level of GDP per capita of 60%, 40% and 20% above the EU average, respectively. 1. 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