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Slovakia

Headline economic indicators for Slovakia, with the most recent official readings.

Prices

Prices — Slovakia
Indicator Value Change
Inflation rate · 4.0% +1.24 (+45.1%)
Consumer price index · 161.6 +6.21 (+4.0%)
Inflation rate (monthly) · 3.0% -0.10 (-3.2%)
Harmonised consumer price index · 154.8 +0.17 (+0.1%)
House price index (quarterly) · 232.7 +3.30 (+1.4%)
House price inflation, year on year (quarterly) · 13.6% +0.23 (+1.7%)
Real house price index (quarterly) · 139.3 +0.85 (+0.6%)
Real house price growth, year on year (quarterly) · 9.5% +0.23 (+2.4%)
Producer prices, year on year (monthly) · 4.9% +1.20 (+32.4%)
GDP deflator inflation · 4.2% +0.79 (+23.4%)

GDP

GDP — Slovakia
Indicator Value Change
GDP growth rate · 0.8% -1.13 (-58.4%)
GDP per capita · 28,543.67 +2,551 (+9.8%)
GDP growth, quarter on quarter · 0.2% +0.00 (+0.0%)
GDP growth, year on year (quarterly) · 0.9% -0.10 (-10.0%)
Industrial production, year on year (monthly) · -0.1% -2.60 (-104.0%)
Retail sales volume, year on year (monthly) · 2.0% +1.90 (+1,900.0%)
Economic sentiment indicator (monthly) · 95.6 +5.80 (+6.5%)
Consumer confidence (monthly) · -20.4 +0.20 (+1.0%)
GDP per capita, long-run history · 27,519 +153.67 (+0.6%)
GDP · 154,530,066,506.9 +13,595,989,975 (+9.6%)
GDP, PPP · 266,948,107,315 +7,520,448,982 (+2.9%)
GDP per capita, PPP · 49,309 +1,462 (+3.1%)
GDP per capita growth · 1.0% -1.07 (-52.6%)
GNI per capita · 26,410 +2,850 (+12.1%)
Agriculture to GDP · 1.6% +0.01 (+0.6%)
Industry to GDP · 28.1% -0.83 (-2.9%)
Manufacturing to GDP · 16.2% -0.13 (-0.8%)
Services to GDP · 59.8% -0.15 (-0.3%)
Household consumption to GDP · 58.7% -0.34 (-0.6%)
Gross capital formation to GDP · 20.1% -0.04 (-0.2%)
Gross savings to GDP · 16.2% +0.37 (+2.4%)

Labour

Labour — Slovakia
Indicator Value Change
Unemployment rate · 5.4% +0.06 (+1.1%)
Unemployment rate (monthly) · 5.7% +0.00 (+0.0%)
Labour force participation rate · 60.4% -0.38 (-0.6%)
Female labour force participation rate · 55.1% -0.34 (-0.6%)
Youth unemployment rate · 18.4% -0.57 (-3.0%)
Employment to population ratio · 57.2% -0.39 (-0.7%)
Employment in agriculture · 2.2% -0.08 (-3.5%)
Employment in industry · 34.5% -0.42 (-1.2%)
Employment in services · 63.3% +0.50 (+0.8%)

Money

Money — Slovakia
Indicator Value Change
Central bank policy rate · 2.7% +0.25 (+10.4%)
ECB deposit facility rate · 2.5% +0.25 (+11.1%)
Real effective exchange rate (monthly) · 109.1 -0.35 (-0.3%)
Nominal effective exchange rate (monthly) · 102.2 -0.15 (-0.1%)
Cost of borrowing for house purchase (monthly) · 3.7% +0.03 (+0.8%)
Cost of borrowing for corporations (monthly) · 4.5% +0.01 (+0.2%)
10-year government bond yield (monthly) · 4.2% +0.31 (+8.2%)
Private sector credit to GDP · 59.7% -1.81 (-2.9%)
Stock market capitalization to GDP · 5.3% -0.38 (-6.7%)
Bank nonperforming loans · 2.0% +0.03 (+1.5%)
Official exchange rate · 0.88 -0.04 (-4.2%)

Trade

Trade — Slovakia
Indicator Value Change
Current account to GDP · -3.6% +0.99 (+21.4%)
Exports to GDP · 85.1% -0.39 (-0.5%)
Imports to GDP · 85.2% -0.48 (-0.6%)
Trade to GDP · 170.3% -0.87 (-0.5%)
Exports of goods and services · 131,496,787,422.66 +11,021,407,581 (+9.1%)
Imports of goods and services · 131,733,585,558.92 +10,911,786,601 (+9.0%)
Trade balance, goods and services (annual) · 115,914,640.95 +546,735,585 (+126.9%)
Current account balance (annual) · -5,603,971,867.69 +899,109,614 (+13.8%)
Foreign direct investment to GDP · 1.3% -2.23 (-62.6%)
Remittances received to GDP · 2.1% -0.03 (-1.3%)
Total reserves, including gold · 18,161,989,981.18 +3,710,098,323 (+25.7%)
Reserves in months of imports · 1.5 +0.22 (+16.8%)

Government

Government — Slovakia
Indicator Value Change
Government debt to GDP (quarterly) · 60.6% -1.00 (-1.6%)
Government revenue to GDP · 39.3% -0.86 (-2.1%)
Government expense to GDP · 39.8% -2.62 (-6.2%)
Tax revenue to GDP · 19.1% -0.27 (-1.4%)
Government budget balance to GDP · -5.4% -0.06 (-1.1%)
Government consumption to GDP · 21.4% +0.29 (+1.4%)
Education spending to GDP · 4.7% -0.06 (-1.3%)
Health spending to GDP · 7.4% -0.35 (-4.5%)

Demography

Demography — Slovakia
Indicator Value Change
Population · 5,413,813 -8,256 (-0.2%)
Population, long-run history · 5,464 +59.50 (+1.1%)
Population growth · -0.2% -0.07 (-77.0%)
Life expectancy · 78.4 +0.25 (+0.3%)
Fertility rate · 1.46 -0.03 (-2.0%)
Birth rate · 8.5 -0.50 (-5.6%)
Death rate · 9.9 -0.10 (-1.0%)
Urban population share · 53.2% +0.00 (+0.0%)
Population aged 65 and over · 19.0% +0.50 (+2.7%)
Under-five mortality rate · 6.3 +0.10 (+1.6%)
Population density · 112.8 -0.10 (-0.1%)
Net migration · -31,377 -10,350 (-49.2%)
Gini index · 23.8 -0.30 (-1.2%)

Source: Bank for International Settlements (BIS). Translated titles are not official BIS translations.

Source: ECB

Source: ECB euro foreign exchange reference rates

Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.

All data sources

Original sources of these estimates

GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics

No separate list is published for Slovakia; the database as a whole is cited above.

Economies nearby

Comparable readings from neighbouring economies.