Policy Insight 101: The "burden" of Swiss public debt: Lessons from research and options for the future

The Swiss Confederation's finances are in an excellent shape. The Federal government?s debt stands at only 13.2% in GDP in 2018 and the yields are negative across the curve. This represents a striking contrast to the situation of rising debt in the 1990's that led the country to adopt a debt brake rule. While most advanced economies experienced deficits over the last decade, Switzerland instead paid back nearly a quarter of its public debt.

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Tille, C (2020), Policy Insight 101: The "burden" of Swiss public debt: Lessons from research and options for the future, CEPR Policy Insight No 101, CEPR Press, Paris & London. https://cepr.org/publications/policy-insight-101-burden-swiss-public-debt-lessons-research-and-options-future