wiiw Current Analyses and Forecasts
Slovakia: Will export-led growth continue?
in: Double-dip Recession over, yet no Boom in Sight
wiiw Current Analyses and Forecasts No. 11, March 2013 , pp. 91-94
Prospects for Slovakia are less promising this year. Exceptionally high growth of production in the
transport equipment sector and of its exports caused strong GDP growth in 2012, which will not be
repeated this year. Due to this level effect GDP growth will slow down in 2013. However, net exports
will probably stay the main driver of growth, supported by export markets outside the EU, which
substitute for some export shortfalls coming from depressed European markets.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Slovakia, Visegrad countries