wiiw Current Analyses and Forecasts

Slovakia: Growth slowing down

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in: Animal Spirits still Dimmed: Slow Recovery Expected
wiiw Current Analyses and Forecasts No. 12, , pp. 99-101

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Export-led growth in Slovakia continued in the first quarter of 2013, although it was considerably slower than the previous year when automotive production and exports surged. Owing to this base effect, GDP growth slowed down to a mere 0.6%. GDP should grow moderately throughout the current year depending, however, on external demand in the euro area and the resolution of the latter’s debt crisis.

 

Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Slovakia, Visegrad countries


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