Total Credit to General Government, Adjusted for Breaks, for Switzerland

QCHGAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

246.10

Year-over-Year Change

1.23%

Date Range

10/1/1995 - 10/1/2024

Summary

This economic trend measures the total credit to the general government sector in Switzerland, adjusted for statistical breaks. It is a key indicator of the government's financing and debt levels.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The total credit to general government trend represents the total outstanding liabilities owed by the Swiss government to domestic and foreign creditors. It is a useful metric for evaluating the government's fiscal position and ability to service its debt.

Methodology

The data is collected and reported by the Swiss National Bank.

Historical Context

This trend is widely referenced by economists, policymakers, and financial markets to assess the sustainability of Switzerland's public finances.

Key Facts

  • Switzerland's government debt-to-GDP ratio was 43.5% in 2021.
  • Credit to the general government has increased by over 50% since 2007.
  • The COVID-19 pandemic led to a significant rise in Switzerland's public debt levels.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total outstanding liabilities owed by the Swiss government to domestic and foreign creditors, adjusted for statistical breaks.

Q: Why is this trend relevant for users or analysts?

A: This trend is a key indicator of the Swiss government's fiscal position and ability to service its debt, which is closely monitored by economists, policymakers, and financial markets.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Swiss National Bank.

Q: How is this trend used in economic policy?

A: This trend is widely referenced to assess the sustainability of Switzerland's public finances and inform policy decisions related to government spending, taxation, and debt management.

Q: Are there update delays or limitations?

A: The data is reported on a quarterly basis with minimal delays, providing timely information to monitor Switzerland's government debt levels.

Related Trends

Citation

U.S. Federal Reserve, Total Credit to General Government, Adjusted for Breaks, for Switzerland (QCHGAMUSDA), retrieved from FRED.