This statistic illustrates the value development of assets for the central bank in Switzerland from 2002 to 2018. Total assets of Switzerland's central bank have increased from 123.4 billion U.S dollars in 2002 to approximately 829.5 billion U.S dollars in 2018.
Central banks play an important role in preventing a country's banking system from failing. The main function of a central bank is to control inflation by providing stability of its currency. They also provide a country's economy funds when commercial banks cannot cover the need. The central bank is also the sole producer and contributor of a nations banknotes and coins as well as acting as its regulatory authority for monetary policies.
Total assets of the central bank in Switzerland from 2002 to 2018
(in billion U.S. dollars)
The source adds further comments: "Figures published here are from the FSB's 2019 global non-bank financial intermediation monitoring exercise, which assesses global trends and risks in non-bank financial intermediation. Figures show financial assets when available, otherwise total assets, converted into USD using year-end exchange rates using a constant exchange rate (from end-2018) published by the BIS. These figures may differ from similar statistics published by national/regional authorities due to differences in definitions."
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Financial Stability Board. (January 19, 2020). Total assets of the central bank in Switzerland from 2002 to 2018 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1021006/total-assets-of-the-central-bank-in-switzerland/
Financial Stability Board. "Total assets of the central bank in Switzerland from 2002 to 2018 (in billion U.S. dollars)." Chart. January 19, 2020. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1021006/total-assets-of-the-central-bank-in-switzerland/
Financial Stability Board. (2020). Total assets of the central bank in Switzerland from 2002 to 2018 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1021006/total-assets-of-the-central-bank-in-switzerland/
Financial Stability Board. "Total Assets of The Central Bank in Switzerland from 2002 to 2018 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Jan 2020, https://www.statista.com/statistics/1021006/total-assets-of-the-central-bank-in-switzerland/
Financial Stability Board, Total assets of the central bank in Switzerland from 2002 to 2018 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1021006/total-assets-of-the-central-bank-in-switzerland/ (last visited November 26, 2024)
Total assets of the central bank in Switzerland from 2002 to 2018 (in billion U.S. dollars) [Graph], Financial Stability Board, January 19, 2020. [Online]. Available: https://www.statista.com/statistics/1021006/total-assets-of-the-central-bank-in-switzerland/