More and more debt? Since 2000, Switzerland has had an average annual budget surplus of 0.1% of GDP.
The budget surplus (net government expenditure) is calculated as the difference between revenues and expenditures. To minimize annual budget fluctuations (such as those caused by Corona), the average budget surplus/deficit since 2000 was used instead of a single annual observation. In contrast to Switzerland, neighboring countries recorded an average budget deficit over the same period; -1.5% (Germany), -2.5% (Austria), -3.9% (Italy), and -4.3% (France). Italy and France thus clearly violate th…
The budget surplus (net government expenditure) is calculated as the difference between revenues and expenditures. To minimize annual budget fluctuations (such as those caused by Corona), the average budget surplus/deficit since 2000 was used instead of a single annual observation. In contrast to Switzerland, neighboring countries recorded an average budget deficit over the same period; -1.5% (Germany), -2.5% (Austria), -3.9% (Italy), and -4.3% (France). Italy and France thus clearly violate th…