wiiw Current Analyses and Forecasts

Slovakia: Will export-led growth continue?

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in: Double-dip Recession over, yet no Boom in Sight
wiiw Current Analyses and Forecasts No. 11, , pp. 91-94

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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


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