Slovakia

map Slovakia
The wiiw growth forecasts for this year and next have been revised sharply downwards, to 0.7% and 1.1%, respectively. Growing imports in the first half of 2025 had an adverse effect on growth. In addition, fiscal consolidation is weighing on household consumption, while external uncertainties are affecting trade. However, the important automotive sector has so far proved resilient, and planned new capacities will boost exports and improve the outlook for 2027.
        FORECAST*
Main Economic Indicators202220232024202520262027
Population, 1000 persons543254275422...
GDP, real change in %0.52.11.90.71.12.4
GDP per capita (EUR at PPP)256202828029740...
Gross industrial production, real change in %-4.53.80.4...
Unemployment rate - LFS, in %, average6.15.85.35.45.55.5
Average gross monthly wages, EUR130414301524...
Consumer prices, % p.a.12.111.03.24.23.22.9
Fiscal balance in % of GDP-1.6-5.3-5.5-4.9-4.2-4.0
Public debt in % of GDP57.855.859.7...
Current account in % of GDP-9.6-3.0-4.6-4.3-4.5-2.8
FDI inflow, EUR m46074854620...
Gross external debt in % of GDP105.698.1101.4...


Basic data are continuously updated.

* Forecasts are changed beginning of January, April, July and November.
See Press Conferences.

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Monthly Report No. 7-8/2025

Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Maciej Grodzicki, Ioannis Gutzianas, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Niko Korpar, Dzmitry Kruk, Sebastian Leitner, Isilda Mara, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Maryna Tverdostup
wiiw Monthly Report No. 7-8, July-August 2025
38 pages including 5 Tables and 3 Figures

Details

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Executive summary

Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII
Details


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