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Economy of Switzerland vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Switzerland has a GDP of $937B compared to $14.2B for Tajikistan, ranking 20/197 and 145/197 by economy size, respectively.

Switzerland has $351B in government debt (37.5% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Switzerland vs Tajikistan GDP by year

Switzerland
Tajikistan
1x
Year GDP, current $
Switzerland Tajikistan
2024 $936,564,198,049 $14,204,575,549
2023 $894,424,821,645 $12,244,169,293
2022 $828,508,926,958 $10,713,525,200
2021 $815,309,330,987 $8,937,805,347
2020 $741,999,406,006 $8,133,963,551
2019 $721,369,112,727 $8,300,813,599
2018 $725,568,717,468 $7,764,999,999
2017 $695,200,833,086 $7,536,402,853
2016 $687,895,460,903 $6,992,416,097
2015 $694,118,186,380 $8,271,431,485
2014 $726,537,808,338 $9,112,605,459
2013 $706,234,937,371 $8,448,411,318
2012 $686,420,221,558 $7,633,036,903
2011 $715,888,126,682 $6,522,756,255
2010 $598,851,028,907 $5,642,221,099
2009 $554,212,916,092 $4,979,472,364
2008 $567,267,767,519 $5,161,299,725
2007 $490,740,715,595 $3,719,524,541
2006 $441,634,672,197 $2,830,213,849
2005 $418,284,865,885 $2,312,352,021
2004 $403,912,891,033 $2,076,176,869
2003 $362,075,086,508 $1,555,318,261
2002 $309,301,422,430 $1,221,106,220
2001 $286,582,672,434 $1,080,772,551
2000 $279,216,033,870 $860,541,842
1999 $297,873,643,323 $1,086,612,290
1998 $303,459,014,347 $1,320,199,582
1997 $294,788,198,856 $921,518,033
1996 $340,103,959,547 $1,043,654,822
1995 $352,835,806,342 $1,231,561,860
1994 $301,375,055,202 $1,522,001,206
1993 $272,237,527,071 $1,646,623,195
1992 $279,921,425,828 $1,908,554,572
1991 $268,901,693,863 $2,536,585,366
1990 $265,763,573,999 $2,629,395,066
1989 $208,105,846,934 -
1988 $215,540,625,299 -
1987 $199,236,370,038 -
1986 $159,089,921,063 -
1985 $110,980,314,192 -
1984 $109,455,312,168 -
1983 $114,634,358,535 -
1982 $115,043,365,512 -
1981 $112,244,805,519 -
1980 $122,557,843,886 -
1979 $114,970,094,425 -
1978 $102,280,472,036 -
1977 $73,135,771,167 -
1976 $68,476,524,644 -
1975 $65,466,081,819 -
1974 $57,103,011,446 -
1973 $49,550,006,320 -
1972 $36,844,318,854 -
1971 $30,040,171,751 -
1970 $24,998,066,773 -
1969 $22,442,043,274 -
1968 $20,712,102,794 -
1967 $19,397,044,714 -
1966 $18,019,402,374 -
1965 $16,780,226,225 -
1964 $15,833,133,858 -
1963 $14,283,872,299 -
1962 $12,989,649,694 -
1961 $11,713,348,834 -
1960 $10,412,232,621 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/switzerland/tajikistan | CC BY

GDP per capita in Switzerland vs Tajikistan by year

Switzerland
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Switzerland Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $103,998 $96,498 $1,341 $5,406
2023 $100,624 $95,142 $1,178 $4,964
2022 $94,395 $94,421 $1,052 $4,514
2021 $93,665 $81,001 $897 $3,986
2020 $85,898 $72,998 $834 $3,654
2019 $84,122 $73,732 $871 $3,460
2018 $85,217 $70,689 $834 $3,069
2017 $82,254 $68,194 $829 $3,017
2016 $82,153 $67,351 $789 $2,914
2015 $83,806 $65,265 $957 $2,975
2014 $88,725 $63,417 $1,082 $3,152
2013 $87,304 $61,656 $1,028 $2,919
2012 $85,836 $59,441 $952 $2,679
2011 $90,477 $57,494 $834 $2,456
2010 $76,531 $54,426 $737 $2,291
2009 $71,568 $52,999 $665 $2,171
2008 $74,175 $53,809 $703 $2,120
2007 $64,989 $50,928 $517 $1,966
2006 $59,011 $46,266 $401 $1,810
2005 $56,243 $41,525 $334 $1,673
2004 $54,659 $40,171 $306 $1,550
2003 $49,336 $38,732 $233.6 $1,396
2002 $42,459 $38,705 $187 $1,257
2001 $39,639 $37,819 $168.7 $1,139
2000 $38,865 $36,703 $136.9 $1,036
1999 $41,696 $34,743 $175 $947
1998 $42,681 $33,860 $213.7 $905
1997 $41,584 $32,736 $150.1 $855
1996 $48,093 $31,509 $172 $836
1995 $50,114 $30,842 $207 $1,006
1994 $43,092 $30,265 $261.3 $1,148
1993 $39,237 $29,495 $287.6 $1,454
1992 $40,714 $29,113 $338 $1,721
1991 $39,544 $28,792 $458 $2,417
1990 $39,575 $28,461 $487 $2,583
1989 $31,309 - - -
1988 $32,690 - - -
1987 $30,441 - - -
1986 $24,460 - - -
1985 $17,152 - - -
1984 $16,991 - - -
1983 $17,859 - - -
1982 $18,000 - - -
1981 $17,665 - - -
1980 $19,394 - - -
1979 $18,266 - - -
1978 $16,282 - - -
1977 $11,644 - - -
1976 $10,865 - - -
1975 $10,328 - - -
1974 $9,005 - - -
1973 $7,856 - - -
1972 $5,885 - - -
1971 $4,835 - - -
1970 $4,044 - - -
1969 $3,657 - - -
1968 $3,413 - - -
1967 $3,237 - - -
1966 $3,045 - - -
1965 $2,865 - - -
1964 $2,735 - - -
1963 $2,508 - - -
1962 $2,330 - - -
1961 $2,155 - - -
1960 $1,954 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/switzerland/tajikistan | CC BY

Switzerland's GDP per capita is $103,998, ranking 5/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Switzerland ranks 8th at $96,498, while Tajikistan ranks 157th at $5,406.

Economic indicators

Switzerland Tajikistan
Gross domestic product
$937B
2024
$14.2B
2024
GDP rank
20/197
2024
145/197
2024
GDP growth
1.3%
2023-2024
8.4%
2023-2024
GDP per capita
$103,998
2024
$1,341
2024
GDP per capita rank
5/197
2024
166/197
2024
GDP per capita, PPP
$96,498
2024
$5,406
2024
GDP per capita PPP rank
8/197
2024
157/197
2024
Government debt
$351B
2024
$3.54B
2024
Debt-to-GDP ratio
37.5%
2024
24.9%
2024
Government debt per person
$39,021
2024
$335
2024
Government debt per person rank
15/185
2024
175/185
2024
Average annual personal income after taxes
$85,867
2026
$2,591
2026
Market capitalization of domestic companies
$1.97T
2024
n/a
Number of millionaires
1,119,000
2025
n/a
Number of billionaires
42
2025
n/a
Income share by richest 10%
26.6%
2022
28.2%
2024
Income share by poorest 10%
2.9%
2022
2.9%
2024
Government expenditure, % of GDP
31.9%
2024
27.7%
2024
Consumer prices inflation
1.06%
2023-2024
3.5%
2023-2024
Central bank interest rate
0%
2025
7.75%
2025
Unemployment rate
4.34%
2024
0.08%
2016
Population
9107866
11038274

Spending and national debt comparison by year

Switzerland
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Switzerland Tajikistan
Government spending Government debt Government spending Government debt
2024 31.9% 37.5% 27.7% 24.9%
2023 32.1% 38.7% 28% 29.9%
2022 31.6% 37.2% 27.4% 31.8%
2021 34.4% 41% 27.6% 42%
2020 37% 43.2% 29.2% 50.9%
2019 32% 39.6% 28.8% 43.2%
2018 31.7% 39.8% 30.9% 46.3%
2017 32.4% 41.8% 33.8% 46.3%
2016 32.4% 40.9% 32.7% 42.2%
2015 32.5% 42.2% 31.9% 35%
2014 32.2% 42.1% 27.5% 27.9%
2013 32.5% 41.9% 27.7% 29.3%
2012 31.7% 42.6% 24.7% 32.5%
2011 31.4% 41.9% 24.3% 35.5%
2010 31.4% 41.5% 25.9% 36.8%
2009 31.8% 43.1% 23.6% 36.9%
2008 30% 44.8% 20.2% 30.2%
2007 29.4% 44.8% 20.3% 34.3%
2006 30.5% 48.5% 21.6% 36.8%
2005 32.4% 54.9% 22.9% 45.8%
2004 33.1% 57.8% 20.2% 49.4%
2003 33.2% 56.9% 19.1% 69.8%
2002 34.1% 57.7% 19.1% 98.3%
2001 31.6% 51.1% 17.3% 99.4%
2000 32.2% 52.2% 18.1% 111.4%
1999 33.2% 52.7% 17.5% 107.8%
1998 32.7% 55.9% 17.1% 96.6%
1997 32.9% 53.7% - -
1996 33% 51.3% - -
1995 32.4% 50% - -
1994 32.5% 47.1% - -
1993 32.5% 44.4% - -
1992 31.3% 39.5% - -
1991 29.5% 35.1% - -
1990 27.6% 33.3% - -
1989 30% 32.5% - -
1988 30.3% 35% - -
1987 29.8% 36.5% - -
1986 29.8% 37.6% - -
1985 30.1% 39.1% - -
1984 30.4% 39.8% - -
1983 31.2% 40.2% - -
1982 30.5% 40% - -
1981 29.4% 40.8% - -
1980 29.9% 43.9% - -
1979 30.5% 44.6% - -
1978 30.4% 46.6% - -
1977 31% 46.9% - -
1976 31.6% 46.7% - -
1975 29.3% 42.3% - -
1974 27.5% 38.4% - -
1973 26.5% 37% - -
1972 25.7% 38% - -
1971 25.4% 38.7% - -
1970 25.8% 38.9% - -
1969 9.45% 7.08% - -
1968 8.87% 6.99% - -
1967 8.68% 7.26% - -
1966 8.95% 7.62% - -
1965 8.33% 8.28% - -
1964 8.85% 9.43% - -
1963 8.2% 10.8% - -
1962 8.1% 12% - -
1961 7.97% 14% - -
1960 7.11% 16.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/switzerland/tajikistan | CC BY

In 2024, Switzerland's government spending was $299B, accounting for 31.9% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 37.5% in Switzerland and 24.9% in Tajikistan, ranking 141/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Switzerland

Tajikistan
1x
Year Deficit/surplus, % of GDP
Switzerland Tajikistan
2024 0.58% 0.28%
2023 0.12% -0.93%
2022 1.19% -0.23%
2021 -0.29% -0.64%
2020 -3.01% -4.34%
2019 1.34% -2.04%
2018 1.29% -2.69%
2017 1.13% -5.65%
2016 0.24% -2.91%
2015 0.55% -1.96%
2014 -0.25% 0.92%
2013 -0.43% -0.73%
2012 0.24% 0.41%
2011 0.68% 0.6%
2010 0.35% -2.71%
2009 0.5% -0.2%
2008 1.93% 1.94%
2007 1.57% 2.13%
2006 0.85% 2%
2005 -0.65% -2.83%
2004 -1.39% -2.32%
2003 -1.36% -1.74%
2002 -1.75% -2.4%
2001 0.21% -2.11%
2000 0.28% -4.51%
1999 -1.57% -4.03%
1998 -1.31% -5.09%
1997 -2.33% -
1996 -2.01% -
1995 -1.86% -
1994 -2.59% -
1993 -3.15% -
1992 -2.96% -
1991 -1.85% -
1990 -0.05% -
1989 0.2% -
1988 0.42% -
1987 0.78% -
1986 0.93% -
1985 -0.25% -
1984 -0.52% -
1983 -1.23% -
1982 -1.21% -
1981 -0.54% -
1980 -1.34% -
1979 -1.79% -
1978 -1.12% -
1977 -1.64% -
1976 -1.89% -
1975 -0.93% -
1974 -1.01% -
1973 -0.93% -
1972 -1.39% -
1971 -1.41% -
1970 -1.44% -
1969 -0.98% -
1968 -0.73% -
1967 -1.07% -
1966 -0.87% -
1965 0.05% -
1964 0.77% -
1963 0.25% -
1962 0.95% -
1961 0.34% -
1960 1.95% -
1959 0.72% -
1958 0.59% -
1957 0.66% -
1956 2.24% -
1955 1.1% -
1954 1.44% -
1953 0.38% -
1952 -1.17% -
1951 -0.36% -
1950 1.49% -
1949 0.04% -
1948 1.37% -
1947 1.27% -
1946 0.52% -
1945 -7.57% -
1944 -9.37% -
1943 -8.55% -
1942 -7.28% -
1941 -8.78% -
1940 -10% -
1939 -5.05% -
1938 -1.53% -
1937 -0.17% -
1936 -0.33% -
1935 -0.23% -
1934 -0.33% -
1933 -0.88% -
1932 -0.3% -
1931 0.03% -
1930 0.07% -
1929 0.22% -
1928 - -
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 -0.12% -
1912 0.03% -
1911 -0.006% -
1910 -0.14% -
1909 -0.78% -
1908 -0.1% -
1907 -0.02% -
1906 0.15% -
1905 0.41% -
1904 0.002% -
1903 0.09% -
1902 0.02% -
1901 -0.14% -
1900 -0.07% -
1899 0.1% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/switzerland/tajikistan | CC BY

In 2024, Switzerland's government surplus, the difference between spending and revenue, was $5.4B, equivalent to 0.58% of GDP. This compares to Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 27 years, Switzerland recorded a fiscal deficit in 10 of those years, while Tajikistan ran a deficit in 20 years. On average, Switzerland posted an annual surplus equal to 0.04% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Switzerland

Tajikistan
1x
Year Consumer prices inflation
Switzerland Tajikistan
2024 1.06% 3.5%
2023 2.14% 3.7%
2022 2.84% 6.6%
2021 0.58% 9%
2020 -0.73% 8.6%
2019 0.36% 7.8%
2018 0.94% 3.8%
2017 0.53% 7.3%
2016 -0.43% 5.9%
2015 -1.14% 5.8%
2014 -0.01% 6.1%
2013 -0.22% 5%
2012 -0.69% 5.8%
2011 0.23% 12.4%
2010 0.69% 6.5%
2009 -0.48% 6.4%
2008 2.43% 20.4%
2007 0.73% 13.2%
2006 1.06% 10%
2005 1.17% 7.3%
2004 0.8% 7.2%
2003 0.64% 16.4%
2002 0.64% 12.2%
2001 0.99% 38.6%
2000 1.56% 32.9%
1999 0.81% 27.5%
1998 0.02% 43.2%
1997 0.52% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/switzerland/tajikistan | CC BY

Over the past 28 years, Switzerland has recorded an average annual inflation rate of 0.61%, compared with 15% in Tajikistan. In 2024, inflation was 1.06% in Switzerland and 3.5% in Tajikistan.

Top exports between countries

Switzerland
Export category Export value
Precious metals & jewellery $353M
Machinery & equipment $10.8M
Chemicals & pharma $1.73M
Textiles & consumer goods $1.22M
Processed food, beverages & tobacco $220K
Metals $137K
Raw materials & minerals $55K
Miscellaneous $3K
Wood & paper products $3K
Tajikistan
Export category Export value
Precious metals & jewellery $574M
Machinery & equipment $247K
Textiles & consumer goods $187K
Metals $1K
Raw materials & minerals $1K

Balance of trade

Switzerland Tajikistan
Current account balance
$72B
2024
$887M
2024
Current account balance ranking
10/190
2024
54/190
2024
Current account balance, % of GDP
+7.69%
2024
+6.24%
2024
Goods imports
$371B
2024
$5.94B
2024
Goods exports
$502B
2024
$1.42B
2024
Service imports
$203B
2024
$971M
2024
Service exports
$186B
2024
$195M
2024
Imports of goods and services, % of GDP
61.9%
2024
48.4%
2023
Exports of goods and services, % of GDP
72.2%
2024
17.2%
2023

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Switzerland Tajikistan
Economic freedom 83.7 52.5
Economic freedom ranking 2/197 147/197
Property rights 94.4 28.4
Government integrity 93.3 18.5
Judicial effectiveness 98.3 10.1
Tax burden 70.9 94.2
Government spending 69.5 77
Fiscal health 97.2 98.6
Business freedom 86.3 60.6
Labor freedom 60 43.4
Monetary freedom 82.3 72.6
Trade freedom 87 72.2
Investment freedom 85 25
Financial freedom 80 30

Economic freedom comparison by year

Switzerland
Tajikistan
1x
Year Economic freedom index
Switzerland Tajikistan
2026 83.7 52.5
2025 83.7 51.5
2024 83 51.3
2023 83.8 50.6
2022 84.2 49.7
2021 81.9 55.2
2020 82 52.2
2019 81.9 55.6
2018 81.7 58.3
2017 81.5 58.2
2016 81 51.3
2015 80.5 52.7
2014 81.6 52
2013 81 53.4
2012 81.1 53.4
2011 81.9 53.5
2010 81.1 53
2009 79.4 54.6
2008 79.5 54.4
2007 78 53.6
2006 78.9 52.6
2005 79.3 50.4
2004 79.5 48.7
2003 79 46.5
2002 79.3 47.3
2001 76 46.8
2000 76.8 44.8
1999 79.1 41.2
1998 79 41.1
1997 78.6 -
1996 76.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/switzerland/tajikistan | CC BY

The Economic Freedom Index for Switzerland is 83.7, ranking 2/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Switzerland Tajikistan
Services, % of GDP
72%
2024
34.7%
2023
Industry, % of GDP
24.7%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
0.63%
2024
22.9%
2023
GNI, Atlas method
$857B
2024
$17.5B
2024
GNI per capita, PPP
$93,420
2024
$7,100
2024
Total reserves including gold
$909B
2024
$3.3B
2023
Total reserves ranking
4/177
2024
117/177
2023
Net foreign direct investment
$59.7B
2024
-$190M
2024
Net inflows of foreign direct investment
-$108B
2024
$291M
2024
Net outflows of foreign direct investment
-$27.9B
2024
$101M
2024
Servicing debt to the IMF, % of GNI n/a
3.07%
2024
Poverty at national poverty lines
15.8%
2021
19.8%
2024
Gross capital formation, % of GDP
27%
2024
31.7%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/switzerland/tajikistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.