Executive Summary

The Federal Finance Administration has published the financial statistics for the year 2024 and presented a first estimate for 2025. Accordingly, the general government recorded a surplus of 4.1 billion francs in 2024, which is expected to increase to 5.1 billion francs in 2025. This increase is mainly due to a higher profit distribution from the Swiss National Bank to the Confederation and the cantons.

Persons

Topics

  • Public finances
  • Budget surplus
  • Financial statistics

Clarus Lead

The Federal Finance Administration has published the financial statistics for the year 2024 and presented a first estimate for 2025. The figures show that the general government generated a surplus of 4.1 billion francs in 2024. This surplus is expected to increase to 5.1 billion francs in 2025.

Detailed Summary

According to the 2024 financial statistics, the public budgets (excluding social security funds) recorded a negative financing balance of 1.1 billion francs. While the Confederation and the cantons reported a balanced result, the municipalities closed with a financing deficit. Due to the positive balance of the social security funds of 5.2 billion francs, the general government, however, recorded a surplus of 4.1 billion francs.

For the year 2025, the Federal Finance Administration expects an increase in the overall surplus to 5.1 billion francs. This increase is mainly due to a higher profit distribution from the Swiss National Bank to the Confederation and the cantons in the amount of 3 billion francs, despite a deterioration of the balance of the social security funds (-2.1 billion) and an expected deficit at the municipal level (-1 billion).

Key Statements

  • The general government generated a surplus of 4.1 billion francs in 2024.
  • For 2025, an increase in the surplus to 5.1 billion francs is expected.
  • The increase is mainly due to a higher profit distribution from the Swiss National Bank to the Confederation and the cantons.

Critical Questions

  1. How valid are the financial statistics data, especially the still provisional figures for the municipalities?
  2. Are there possible conflicts of interest or incentives that could influence the presentation of the finances?
  3. What alternative explanations for the increase in the surplus in 2025 could be conceivable?
  4. What risks and side effects could be associated with the high profit distribution from the National Bank?

Bibliography

Primary source: [Financial Statistics: Figures 2024 and First Estimate 2025] - https://www.news.admin.ch/de/newnsb/CTzUYcdZYHMnb_ZD6uV8b

Verification status: ✓ March 3, 2026


This text was created with the support of an AI model. Editorial responsibility: clarus.news | Fact-checking: March 3, 2026