Slovakia

Strong growth in terms of gross fixed capital formation helped GDP to soar upwards by 3.6% in 2015. For the period 2016-2018, growth will range around 3%, with a slight upward trend in the latter years and backed by domestic demand.

map Slovakia
        FORECAST*
Main Economic Indicators201320142015201620172018
Population, 1000 persons.541354195424...
GDP, real change in %1.42.53.63.03.23.3
GDP per capita (EUR at PPP)202002110022400...
Gross industrial production, real change in %3.88.67.0...
Unemployment rate - LFS, in %, average14.213.211.510.09.59.0
Average gross monthly wages, EUR824858883...
Consumer prices, % p.a.1.5-0.1-0.3-0.11.21.8
Fiscal balance in % of GDP-2.7-2.7-3.0...
Public debt in % of GDP55.053.952.9...
Current account in % of GDP2.00.1-1.3-1.6-2.0-2.0
FDI inflow, EUR mn757271917...
Gross external debt in % of GDP81.989.786.1...


Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.

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Monthly Report No. 7-8/2016

Vasily Astrov, Serkan Çiçek, Rumen Dobrinsky, Vladimir Gligorov, Doris Hanzl-Weiss, Peter Havlik, Mario Holzner, Gabor Hunya, Simona Jokubauskaite, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8,
25 pages including 1 Table and 1 Figure

Details

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SLOVAKIA: Domestic demand gaining importance

Doris Hanzl-Weiss
in: Growth Stabilises: Investment a Major Driver, Except in Countries Plagued by Recession
wiiw Forecast Report No. Spring 2016, , pp. 121-124
Details and Buy


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