wiiw Forecast Reports
SLOVAKIA: Navigating the political challenges
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in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. 123-126
While Slovakia’s GDP increased by only 1.1% in 2023, wiiw forecasts a gradual improvement in growth in the coming years. This will mainly be driven by household consumption, bolstered by lower inflation, leading to rising real wages and a favourable labour market. However, the domestic risks are rising due to ongoing political changes.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Slovakia