wiiw Forecast Reports

SLOVAKIA: Automotive industry propping up growth, but for how long?


Doris Hanzl-Weiss

in: Beneath the Veneer of Calm
wiiw Forecast Report No. Autumn 2023, October 2023 , pp. 125-128

In H1 2023, Slovak GDP grew by 1.3% – far better than expected. On the one hand, the important automotive sector supported export growth; on the other, the persistently high inflation deterred household consumption and dragged down GDP growth. Major uncertainties prevail and could dampen future growth.


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

Countries covered: Slovakia