map Slovakia
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.
Main Economic Indicators201820192020202120222023
Population, 1000 persons544754545459...
GDP, real change in %3.82.6-
GDP per capita (EUR at PPP)213802191021380...
Gross industrial production, real change in %4.40.4-9.0...
Unemployment rate - LFS, in %, average6.
Average gross monthly wages, EUR101310921133...
Consumer prices, % p.a.
Fiscal balance in % of GDP-1.0-1.3-5.5-7.1-5.1-4.1
Public debt in % of GDP49.648.159.7...
Current account in % of GDP-2.2-3.40.1-0.7-0.6-0.5
FDI inflow, EUR m19062042-214...
Gross external debt in % of GDP115.0112.7120.5...

Basic data are continuously updated.

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


Executive summary

Vasily Astrov
in: Recovery Beating Expectations
wiiw Forecast Report No. Autumn 2021, October 2021 , pp. I-VI


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