Slovakia

map Slovakia
In 2025 GDP growth in Slovakia was rather subdued. The latest growth data show a slightly better result for Q3 2025 (0.9% year on year) than for Q1 and Q2 (0.8% and 0.5%, respectively). Overall, slowing household demand, public expenditure and investment provided a modest stimulus to growth during the first three quarters of the year, while exports and imports grew at the same pace, resulting in a neutral contribution of net exports to GDP growth. Towards the end of the year, industrial production declined further, partly due to a downturn in the important automotive industry, and retail sales dropped substantially.
        FORECAST*
Main Economic Indicators202320242025202620272028
Population, 1000 persons542754225413...
GDP, real change in %2.11.90.81.11.92.4
GDP per capita (EUR at PPP)2849029810....
Gross industrial production, real change in %3.80.4-3.1...
Unemployment rate - LFS, in %, average5.85.35.55.75.55.4
Average gross monthly wages, EUR143015241620...
Consumer prices, % p.a.11.03.24.23.52.52.5
Fiscal balance in % of GDP-5.3-5.5-5.0-4.5-4.8-4.3
Public debt in % of GDP55.859.761.9...
Current account in % of GDP-3.0-4.6-4.3-4.0-2.8-2.3
FDI inflow, EUR m48546202522...
Gross external debt in % of GDP98.1101.4101.8...


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. 1/2026

Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Maciej Grodzicki, Ioannis Gutzianas, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Biljana Jovanovikj, Niko Korpar, Dzmitry Kruk, Sebastian Leitner, Isilda Mara, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Marina Tverdostup
wiiw Monthly Report No. 1, January 2026
58 pages including 6 Tables and 15 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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