Slovakia experienced solid growth of 3.2% in the first half of 2017, backed by accelerating household consumption. While investment was still down, it is expected to recover in the second half of 2017. Capacity increases in the automotive industry are going to take off at the end of 2018/2019 and will allow for growth rates of close to 4%.

map Slovakia
Main Economic Indicators201420152016201720182019
Population, 1000 persons541954245431...
GDP, real change in %
GDP per capita (EUR at PPP)213002230022400...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average13.
Average gross monthly wages, EUR858883912...
Consumer prices, % p.a.-0.1-0.3-
Fiscal balance in % of GDP-2.7-2.7-2.2...
Public debt in % of GDP53.552.351.8...
Current account in % of GDP1.1-1.8-1.5-1.2-0.60.3
FDI inflow, EUR mn-32413573234...
Gross external debt in % of GDP89.185.290.9...

Basic data are continuously updated.

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


SLOVAKIA: Solid growth

Doris Hanzl-Weiss
in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 115-118
Details and Buy


Monthly Report No. 10/2017

Mahdi Ghodsi, Julia Grübler, Doris Hanzl-Weiss and Roman Römisch
wiiw Monthly Report No. 10, October 2017
48 pages including 4 Tables and 32 Figures