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
Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Switzerland
CHECP120000IXNBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Goods for Switzerland
CHECPGRGO01IXOBM
International Merchandise Trade Statistics: Exports: Commodities for Switzerland
XTEXVA01CHA657S
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Switzerland
CHELORSGPNOSTSAM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Switzerland
CHECP030000GYM
Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 64 Years for Switzerland
LRIN64FECHA156N
Citation
U.S. Federal Reserve, Total Credit to General Government, Adjusted for Breaks, for Switzerland (QCHGAMUSDA), retrieved from FRED.