Skip to content

Economy of Switzerland vs Tuvalu compared: GDP & Debt

Updated on by Georank team

Switzerland has a GDP of $937B compared to $62.3M for Tuvalu, ranking 20/197 and 196/197 by economy size, respectively.

Switzerland has $351B in government debt (37.5% of GDP), compared to $4.15M (6.96% of GDP) in Tuvalu.

Switzerland vs Tuvalu GDP by year

Switzerland
Tuvalu
1x
Year GDP, current $
Switzerland Tuvalu
2024 $936,564,198,049 -
2023 $894,424,821,645 $62,280,312
2022 $828,508,926,958 $59,065,982
2021 $815,309,330,987 $60,196,406
2020 $741,999,406,006 $51,746,594
2019 $721,369,112,727 $54,123,199
2018 $725,568,717,468 $48,015,260
2017 $695,200,833,086 $45,276,595
2016 $687,895,460,903 $41,629,064
2015 $694,118,186,380 $36,811,936
2014 $726,537,808,338 $38,760,983
2013 $706,234,937,371 $38,615,891
2012 $686,420,221,558 $39,345,579
2011 $715,888,126,682 $39,196,957
2010 $598,851,028,907 $32,105,408
2009 $554,212,916,092 $28,076,984
2008 $567,267,767,519 $31,874,435
2007 $490,740,715,595 $28,450,169
2006 $441,634,672,197 $24,096,875
2005 $418,284,865,885 $22,909,980
2004 $403,912,891,033 $22,798,275
2003 $362,075,086,508 $19,456,338
2002 $309,301,422,430 $16,842,673
2001 $286,582,672,434 $13,964,732
2000 $279,216,033,870 $15,073,976
1999 $297,873,643,323 $14,800,503
1998 $303,459,014,347 $13,795,146
1997 $294,788,198,856 $13,734,210
1996 $340,103,959,547 $13,338,597
1995 $352,835,806,342 $11,922,614
1994 $301,375,055,202 $11,772,611
1993 $272,237,527,071 $10,414,400
1992 $279,921,425,828 $10,535,028
1991 $268,901,693,863 $10,127,314
1990 $265,763,573,999 $9,542,901
1989 $208,105,846,934 $8,454,523
1988 $215,540,625,299 $7,011,059
1987 $199,236,370,038 $5,020,513
1986 $159,089,921,063 $4,574,706
1985 $110,980,314,192 $3,862,852
1984 $109,455,312,168 $4,481,978
1983 $114,634,358,535 $4,152,550
1982 $115,043,365,512 $4,118,945
1981 $112,244,805,519 $4,773,018
1980 $122,557,843,886 $4,206,128
1979 $114,970,094,425 $4,065,659
1978 $102,280,472,036 $3,798,782
1977 $73,135,771,167 $3,669,420
1976 $68,476,524,644 $3,919,072
1975 $65,466,081,819 $4,014,748
1974 $57,103,011,446 $4,122,329
1973 $49,550,006,320 $3,411,915
1972 $36,844,318,854 $2,968,458
1971 $30,040,171,751 $2,716,990
1970 $24,998,066,773 $2,585,956
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/tuvalu | CC BY

GDP per capita in Switzerland vs Tuvalu by year

Switzerland
GDP per capita

GDP per capita, PPP
Tuvalu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Switzerland Tuvalu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $103,998 $96,498 - -
2023 $100,624 $95,142 $6,345 $6,151
2022 $94,395 $94,421 $5,911 $5,661
2021 $93,665 $81,001 $5,905 $5,353
2020 $85,898 $72,998 $4,976 $5,122
2019 $84,122 $73,732 $5,115 $5,210
2018 $85,217 $70,689 $4,466 $4,432
2017 $82,254 $68,194 $4,166 $4,227
2016 $82,153 $67,351 $3,809 $4,031
2015 $83,806 $65,265 $3,358 $3,776
2014 $88,725 $63,417 $3,529 $3,419
2013 $87,304 $61,656 $3,510 $3,277
2012 $85,836 $59,441 $3,598 $3,170
2011 $90,477 $57,494 $3,636 $3,176
2010 $76,531 $54,426 $3,025 $2,945
2009 $71,568 $52,999 $2,684 $3,082
2008 $74,175 $53,809 $3,088 $3,291
2007 $64,989 $50,928 $2,794 $3,034
2006 $59,011 $46,266 $2,396 $2,787
2005 $56,243 $41,525 $2,305 $2,728
2004 $54,659 $40,171 $2,323 $2,765
2003 $49,336 $38,732 $2,007 $2,770
2002 $42,459 $38,705 $1,750 $2,915
2001 $39,639 $37,819 $1,457 $2,596
2000 $38,865 $36,703 $1,579 $2,597
1999 $41,696 $34,743 $1,559 $2,543
1998 $42,681 $33,860 $1,460 $2,560
1997 $41,584 $32,736 $1,461 $2,204
1996 $48,093 $31,509 $1,428 $1,982
1995 $50,114 $30,842 $1,285 $2,083
1994 $43,092 $30,265 $1,279 $2,165
1993 $39,237 $29,495 $1,141 $1,939
1992 $40,714 $29,113 $1,166 $1,837
1991 $39,544 $28,792 $1,134 $1,769
1990 $39,575 $28,461 $1,085 $1,676
1989 $31,309 - $976 -
1988 $32,690 - $823 -
1987 $30,441 - $600 -
1986 $24,460 - $557 -
1985 $17,152 - $480 -
1984 $16,991 - $567 -
1983 $17,859 - $533 -
1982 $18,000 - $537 -
1981 $17,665 - $634 -
1980 $19,394 - $571 -
1979 $18,266 - $566 -
1978 $16,282 - $546 -
1977 $11,644 - $549 -
1976 $10,865 - $612 -
1975 $10,328 - $656 -
1974 $9,005 - $708 -
1973 $7,856 - $601 -
1972 $5,885 - $522 -
1971 $4,835 - $478 -
1970 $4,044 - $457 -
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/tuvalu | CC BY

Switzerland's GDP per capita is $103,998, ranking 5/197, compared to $6,345 in Tuvalu, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Switzerland ranks 8th at $96,498, while Tuvalu ranks 152nd at $6,151.

Economic indicators

Switzerland Tuvalu
Gross domestic product
$937B
2024
$62.3M
2023
GDP rank
20/197
2024
196/197
2023
GDP growth
1.3%
2023-2024
3.85%
2022-2023
GDP per capita
$103,998
2024
$6,345
2023
GDP per capita rank
5/197
2024
110/197
2023
GDP per capita, PPP
$96,498
2024
$6,151
2023
GDP per capita PPP rank
8/197
2024
152/197
2023
Government debt
$351B
2024
$4.15M
2023
Debt-to-GDP ratio
37.5%
2024
6.96%
2024
Government debt per person
$39,021
2024
$423
2023
Government debt per person rank
15/185
2024
171/185
2023
Average annual personal income after taxes
$85,867
2026
$4,233
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
30.8%
2010
Income share by poorest 10%
2.9%
2022
2.7%
2010
Government expenditure, % of GDP
31.9%
2024
118.4%
2024
Consumer prices inflation
1.06%
2023-2024
1.2%
2023-2024
Central bank interest rate
0%
2025
n/a
Unemployment rate
4.34%
2024
7.32%
2022
Population
9107866
9341

Spending and national debt comparison by year

Switzerland
Spending

Debt
Tuvalu
Spending

Debt
1x
Year % of GDP
Switzerland Tuvalu
Government spending Government debt Government spending Government debt
2024 31.9% 37.5% 118.4% 6.96%
2023 32.1% 38.7% 138.8% 6.67%
2022 31.6% 37.2% 115.3% 6.33%
2021 34.4% 41% 113.8% 11.3%
2020 37% 43.2% 119.5% 12.1%
2019 32% 39.6% 113.6% 11.6%
2018 31.7% 39.8% 125.6% 11.8%
2017 32.4% 41.8% 106.4% 12%
2016 32.4% 40.9% 119.6% 11.5%
2015 32.5% 42.2% 116.9% 14.4%
2014 32.2% 42.1% 96.8% 16.4%
2013 32.5% 41.9% 80.2% 17.8%
2012 31.7% 42.6% 76.8% 19.3%
2011 31.4% 41.9% 77.2% 19.1%
2010 31.4% 41.5% 93.9% 21.1%
2009 31.8% 43.1% 100% 20.6%
2008 30% 44.8% 85.8% 19.8%
2007 29.4% 44.8% 88.6% 32.4%
2006 30.5% 48.5% 98.5% 37.5%
2005 32.4% 54.9% 82.1% 37.4%
2004 33.1% 57.8% 74.1% -
2003 33.2% 56.9% - -
2002 34.1% 57.7% - -
2001 31.6% 51.1% - -
2000 32.2% 52.2% - -
1999 33.2% 52.7% - -
1998 32.7% 55.9% - -
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/tuvalu | CC BY

In 2024, Switzerland's government spending was $299B, accounting for 31.9% of its GDP, while Tuvalu spent $86.4M, or 118.4% of GDP.

Debt-to-GDP ratio is 37.5% in Switzerland and 6.96% in Tuvalu, ranking 141/185 and 182/185, respectively.

Government deficit by year

Deficit/surplus
Switzerland

Tuvalu
1x
Year Deficit/surplus, % of GDP
Switzerland Tuvalu
2024 0.58% -8.23%
2023 0.12% 15.3%
2022 1.19% -14.6%
2021 -0.29% -13.3%
2020 -3.01% 13.7%
2019 1.34% -1.07%
2018 1.29% 30.3%
2017 1.13% 2.09%
2016 0.24% 27.5%
2015 0.55% 14.7%
2014 -0.25% 3.26%
2013 -0.43% 26%
2012 0.24% 9.58%
2011 0.68% -8.8%
2010 0.35% -23.4%
2009 0.5% -13.5%
2008 1.93% -17.2%
2007 1.57% -18.6%
2006 0.85% -36.8%
2005 -0.65% -12.8%
2004 -1.39% -3.6%
2003 -1.36% -
2002 -1.75% -
2001 0.21% -
2000 0.28% -
1999 -1.57% -
1998 -1.31% -
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/tuvalu | CC BY

In 2023, Switzerland's government surplus, the difference between spending and revenue, was $1.09B, equivalent to 0.12% of GDP. This compares to Tuvalu's surplus of $9.55M, or 15.3% of GDP.

Over the past 20 years, Switzerland recorded a fiscal deficit in 6 of those years, while Tuvalu ran a deficit in 11 years. On average, Switzerland posted an annual surplus equal to 0.3% of GDP, compared to deficit of 1.06% of GDP for Tuvalu.

Inflation comparison by year

Inflation
Switzerland

Tuvalu
1x
Year Consumer prices inflation
Switzerland Tuvalu
2024 1.06% 1.2%
2023 2.14% 7.2%
2022 2.84% 12.2%
2021 0.58% 6.7%
2020 -0.73% 1.6%
2019 0.36% 3.5%
2018 0.94% 2.2%
2017 0.53% 4.1%
2016 -0.43% 3.5%
2015 -1.14% 3.1%
2014 -0.01% 1.1%
2013 -0.22% 2%
2012 -0.69% 1.4%
2011 0.23% 0.5%
2010 0.69% -1.9%
2009 -0.48% -0.3%
2008 2.43% 10.4%
2007 0.73% 2.3%
2006 1.06% 4.2%
2005 1.17% 3.2%
2004 0.8% 2.4%
2003 0.64% 2.9%
2002 0.64% 5.1%
2001 0.99% 1.5%
2000 1.56% -
1999 0.81% -
1998 0.02% -
1997 0.52% -

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2001–2024, retrieved 2026-02-20).

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

Over the past 24 years, Switzerland has recorded an average annual inflation rate of 0.59%, compared with 3.34% in Tuvalu. In 2024, inflation was 1.06% in Switzerland and 1.2% in Tuvalu.

Top exports between countries

Switzerland
Export category Export value
Precious metals & jewellery $2.13M
Chemicals & pharma $21K
Textiles & consumer goods $13K
Machinery & equipment $2K
Tuvalu
Export category Export value

Balance of trade

Switzerland Tuvalu
Current account balance
$72B
2024
$2.71M
2022
Current account balance ranking
10/190
2024
77/190
2022
Current account balance, % of GDP
+7.69%
2024
+4.59%
2022
Goods imports
$371B
2024
$24.2M
2022
Goods exports
$502B
2024
$184K
2022
Service imports
$203B
2024
$33.1M
2022
Service exports
$186B
2024
$2.05M
2022
Imports of goods and services, % of GDP
61.9%
2024
n/a
Exports of goods and services, % of GDP
72.2%
2024
8.22%
2025

Economic freedom indices

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

Switzerland Tuvalu
Economic freedom 83.7 60
Economic freedom ranking 2/197 99/197
Property rights 94.4 n/a
Government integrity 93.3 n/a
Judicial effectiveness 98.3 n/a
Tax burden 70.9 n/a
Government spending 69.5 n/a
Fiscal health 97.2 n/a
Business freedom 86.3 n/a
Labor freedom 60 n/a
Monetary freedom 82.3 n/a
Trade freedom 87 n/a
Investment freedom 85 n/a
Financial freedom 80 n/a

Other economic metrics

Switzerland Tuvalu
Services, % of GDP
72%
2024
n/a
Industry, % of GDP
24.7%
2024
7.02%
2015
Agriculture, forestry, and fishing, % of GDP
0.63%
2024
15.9%
2015
GNI, Atlas method
$857B
2024
$86M
2023
GNI per capita, PPP
$93,420
2024
$8,320
2023
Total reserves including gold
$909B
2024
n/a
Total reserves ranking
4/177
2024
n/a
Net foreign direct investment
$59.7B
2024
$0
2022
Net inflows of foreign direct investment
-$108B
2024
$258K
2024
Net outflows of foreign direct investment
-$27.9B
2024
$0
2024
Poverty at national poverty lines
15.8%
2021
26.3%
2020
Gross capital formation, % of GDP
27%
2024
n/a

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/tuvalu | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  6. TradeMap (2022–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.

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.