Press releases

The Financial Statistics Section of the Federal Finance Administration (FFA) publishes forecasts for the public finances (Confederation, cantons, municipalities and social security funds) twice a year. The new forecasts cover the period up to 2029.

The brochure issued by the Federal Finance Administration (FFA) provides at a glance information on the budgets of the Confederation, cantons, communes and social insurance, as well as an international comparison.

During its meeting on 13 March 2026, the Federal Council approved a total of four supplementary credits. It is thus requesting additional expenditure of CHF 98 million for this year. Most of these funds will go towards EU research and innovation programmes. A portion of the supplementary credits will be offset on the expenditure side.

The Swiss Confederation issued two bonds by auction on 11.03.2026: 0.00%, maturity 26.06.2034 (reopening) and 1.50%, maturity 30.04.2042 (reopening). The issuance volume (excluding own holdings) amounts to a total of 438.440 million francs.

The Swiss Confederation is offering two bonds on a public tender system on 11.03.2026: 0.00%, maturity 26.06.2034 (reopening) and 1.50%, maturity 30.04.2042 (reopening).

The Financial Statistics Section of the Federal Finance Administration (FFA) publishes the financial statistics with figures from 2024 and publishes a provisional estimate for 2025. The data can be accessed on the data portal.

The Confederation ended 2025 with a financing surplus of CHF 0.3 billion. The improvement relative to the budget is primarily attributable to a temporary increase in receipts from the canton of Geneva. The Federal Council was informed of this provisional result during its meeting on 18 February 2026. At the same time, it launched work on the next budget. Despite the balanced financial result, the federal finances remain tight: structural deficits can still be expected for 2027 to 2029, even with relief package 27 and the planned VAT increase for the Armed Forces and security. Without these measures, the deficits from 2027 onwards would amount to between CHF 2 and 4 billion.

The Swiss Confederation issued two bonds by auction on 11.02.2026: 0.50%, maturity 27.06.2032 (reopening) and 0.50%, maturity 28.05.2040 (reopening). The issuance volume (excluding own holdings) amounts to a total of 372.140 million francs

The Swiss Confederation is offering two bonds on a public tender system on 11.02.2026: 0.50%, maturity 27.06.2032 (reopening) and 0.50%, maturity 28.05.2040 (reopening).

For legal entities, direct taxes levied by the cantons and municipalities amount to an average of just under 9% of profits, which represents a decline compared to 2025. The situation is relatively homogeneous across the cantons: only three cantons recorded an increase in the tax burden on legal entities between 2008 and 2026.For natural persons, on the other hand, the tax burden will increase compared with 2025. However, the trend varies greatly between the cantons: twelve cantons recorded an increase, while fourteen recorded a decrease. On average, direct taxes will account for almost one-fifth of the income of natural persons in 2026.Note: The detailed report on the tax burden index is no longer published annually. The latest report dates from 2025 and is available on our website (link).The next report will be published in 2028.2026 results (basic data - only available in German, French, and Italian) Viewing results for legal entities (Dashboard) Viewing results for natural persons (Dashboard)

The Swiss Confederation issued two bonds by auction on 14.01.2026: 2.25%, maturity 22.06.2031 (reopening) and 4.00%, maturity 06.01.2049 (reopening). The issuance volume (excluding own holdings) amounts to a total of 252.960 million francs

The Swiss Confederation is offering two bonds on a public tender system on 14.01.2026: 2.25%, maturity 22.06.2031 (reopening) and 4.00%, maturity 06.01.2049 (reopening).