Slovakia
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Population, 1000 persons | 5447 | 5454 | 5459 | . | . | . |
| GDP, real change in % | 3.8 | 2.6 | -4.4 | 4.0 | 4.4 | 3.9 |
| GDP per capita (EUR at PPP) | 21380 | 21910 | 21380 | . | . | . |
| Gross industrial production, real change in % | 4.4 | 0.4 | -9.0 | . | . | . |
| Unemployment rate - LFS, in %, average | 6.5 | 5.8 | 6.7 | 6.8 | 6.5 | 6.0 |
| Average gross monthly wages, EUR | 1013 | 1092 | 1133 | . | . | . |
| Consumer prices, % p.a. | 2.5 | 2.8 | 2.0 | 2.3 | 2.4 | 2.0 |
| Fiscal balance in % of GDP | -1.0 | -1.3 | -5.5 | -7.1 | -5.1 | -4.1 |
| Public debt in % of GDP | 49.6 | 48.1 | 59.7 | . | . | . |
| Current account in % of GDP | -2.2 | -3.4 | 0.1 | -0.7 | -0.6 | -0.5 |
| FDI inflow, EUR m | 1906 | 2042 | -214 | . | . | . |
| Gross external debt in % of GDP | 115.0 | 112.7 | 120.5 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of April, July and November.
See Press Conferences.
publication_icon
Executive summary
Vasily Astrov
in: Recovery Beating Expectations
wiiw Forecast Report No. Autumn 2021, October 2021 , pp. I-VI
Details
publication_icon
Monthly Report No. 9/2021
Vasily Astrov, Rumen Dobrinsky, Olga Pindyuk and Leon Podkaminer
wiiw Monthly Report No. 9, September 2021
49 pages including 28 Figures
Slovakia’s GDP recovered by 9.6% in Q2 2021. Manufacturing – especially the automotive industry – is driving growth, but the shortage of semiconductors is of increasing concern. Slovakia’s GDP is expected to rise by 4% this year, while the influx of EU money will drive up investment in coming years.