Tax rate on low wage earners - low wage trap in Switzerland
Switzerland: Tax rate on low wage earners - low wage trap was 34.1 Rate in 2024. ▼ Falling
Latest (2024)
34.1 Rate
Change on year
down 6.8%
World rank
27th
of 42 countries
All-time high
58.5 Rate
in 2001
All-time low
33.9 Rate
in 2020
Years of data
24
2001–2024
Tax rate on low wage earners - low wage trap in Switzerland, 2001–2024
Source: Eurostat. Measured in Rate.
Analysis
In 2024, tax rate on low wage earners - low wage trap in Switzerland stood at 34.1 Rate.
The figure is down 6.8% on the previous year and down 13.7% over ten years.
Over the whole period, tax rate on low wage earners - low wage trap in Switzerland peaked at 58.5 Rate in 2001 and was at its lowest, 33.9 Rate, in 2020.
That places Switzerland 27th out of 42 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Tax rate on low wage earners - low wage trap in Switzerland, year by year
| Year | Rate | Change |
|---|---|---|
| 2001 | 58.5 Rate | — |
| 2002 | 57.2 Rate | -2.2% |
| 2003 | 57 Rate | -0.3% |
| 2004 | 56.3 Rate | -1.2% |
| 2005 | 53.5 Rate | -5.0% |
| 2006 | 53.5 Rate | +0.0% |
| 2007 | 52.2 Rate | -2.4% |
| 2008 | 51.2 Rate | -1.9% |
| 2009 | 50.8 Rate | -0.8% |
| 2010 | 38.3 Rate | -24.6% |
| 2011 | 39.4 Rate | +2.9% |
| 2012 | 35.7 Rate | -9.4% |
| 2013 | 35.9 Rate | +0.6% |
| 2014 | 39.5 Rate | +10.0% |
| 2015 | 41.9 Rate | +6.1% |
| 2016 | 39.9 Rate | -4.8% |
| 2017 | 38.7 Rate | -3.0% |
| 2018 | 35.9 Rate | -7.2% |
| 2019 | 34.9 Rate | -2.8% |
| 2020 | 33.9 Rate | -2.9% |
| 2021 | 34.7 Rate | +2.4% |
| 2022 | 35.9 Rate | +3.5% |
| 2023 | 36.6 Rate | +1.9% |
| 2024 | 34.1 Rate | -6.8% |
Switzerland compared with similar countries
- Switzerland's 34.1 Rate is below the median for Europe & Central Asia, which is 43.1 Rate, 79% of the median. (29 countries reporting)
- Switzerland's 34.1 Rate is below the median for high income countries, which is 43.17 Rate, 79% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.47 Rate | 50.8 Rate | 58.5 Rate | 9 |
| 2010s | 38.01 Rate | 34.9 Rate | 41.9 Rate | 10 |
| 2020s | 35.04 Rate | 33.9 Rate | 36.6 Rate | 5 |
Countries ranked near Switzerland
More work & labour data for Switzerland
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.0651 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.0485 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.0817 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.4 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6452 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 8,038 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,842 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 4,568 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 4,558 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 9,126 1000 No (2100)
Frequently asked questions
- What is tax rate on low wage earners - low wage trap in Switzerland?
- Tax rate on low wage earners - low wage trap in Switzerland was 34.1 Rate in 2024, according to Eurostat.
- What is the highest tax rate on low wage earners - low wage trap recorded in Switzerland?
- The highest recorded value was 58.5 Rate in 2001.
- What is the lowest tax rate on low wage earners - low wage trap recorded in Switzerland?
- The lowest recorded value was 33.9 Rate in 2020.
- How does Switzerland rank for tax rate on low wage earners - low wage trap?
- Switzerland ranks 27th out of 42 countries with data for 2024.
- Is tax rate on low wage earners - low wage trap rising or falling in Switzerland?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is falling.
- Where does this Switzerland data come from?
- The figures come from Eurostat, published as part of Tax rate on low wage earners - low wage trap. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Eurostat).