Federal finances at a glance
What is the Confederation's financial situation? How high are federal receipts and expenditure? Key figures at a glance.
2027 budget
Overall fiscal balance in CHF bn
The statement of financial performance shows a gain of 2.6 billion in the 2027 budget. Current receipts are set to grow at a slightly faster pace than current expenditure (+3.7% and +3.1%, respectively); self-financing will thus rise to 5.5 billion. By contrast, depreciation, amortization and other changes in the valuation of administrative assets will have a negative impact on the result (-2.8 bn). Net investments (investment receipts less investment expenditure) remain virtually unchanged at 5.6 billion.
The financing contribution from the statement of financial performance – self-financing (5.5 bn) – will not be quite sufficient to fully finance the planned net investments (5.6 bn). In other words, expenditure will exceed receipts. Consequently, a financing deficit of 0.1 billion is budgeted for 2027. This is attributable to a deficit in the ordinary budget (-0.5 bn) and a surplus in the extraordinary budget (+0.4 billion).
The expected financing deficit is responsible for net debt rising to 141.0 billion in the 2027 budget (+0.1 bn).
Following below-average economic performance in 2026, Swiss economic growth is expected to pick up in 2027. The federal government's expert group anticipates real economic growth of 0.9% in 2026 and 1.6% in 2027, with inflation of 0.6% in 2026 and 2027. Nominal economic growth of 1.7% (2026) and 2.1% (2027) is anticipated.
The financing deficit in the ordinary budget is 469 million, which means that the cyclical deficit permitted by the debt brake (-653 mn) is not exhausted, with the remaining room for maneuver amounting to 185 million. The debt brake requirements are thus met in the 2027 budget.
Relief package 27
The Federal Council implemented significant relief measures in the 2024 and 2025 budgets. These will also reduce the 2027 budget by almost 2 billion.
Parliament adopted the relief package 27 (RP27) on 20 March 2026. This package will enable federal expenditure to be further reduced by around 1.4 billion per year compared with the initial forecasts for the budget year. From 2028, the federal budget will be reduced by nearly 2 billion a year.
Data
Detailed data for longer periods are available under the following links: