wiiw Forecast Reports

SLOVAKIA: Future growth constrained by labour shortages


Doris Hanzl-Weiss

in: Riding the Global Growth Wave
wiiw Forecast Report No. Spring 2018, March 2018 , pp. 142-145

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Slovakia grew at a solid pace throughout 2017, fostered by accelerating household consumption. Forecasts for this and the next year amount to 3.8% and around 4%, respectively, thanks to capacity increases in the automotive industry, before falling back to 3.3% in 2020. However, growing wages and labour shortages may threaten future growth prospects.


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

Countries covered: Slovakia