In 2016, a strong decline in gross fixed capital formation depressed GDP growth to 3.3%. For 2017, Slovak growth is forecast to be around 3%, while in 2018 and 2019 an increase in the capacity of the automotive industry should stimulate faster growth close to 4%.

map Slovakia
Main Economic Indicators201420152016201720182019
Population, 1000 persons.541954245431...
GDP, real change in %
GDP per capita (EUR at PPP)213002230023100...
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-2.7-2.7-1.7...
Public debt in % of GDP53.652.551.9...
Current account in % of GDP1.10.2-
FDI inflow, EUR mn-32410173234...
Gross external debt in % of GDP89.285.491.1...

Basic data are continuously updated.

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


SLOVAKIA: Moving into the fast lane from 2018 amid rising external risks

Doris Hanzl-Weiss
in: Cautious Upturn in CESEE: Haunted by the Spectre of Uncertainty
wiiw Forecast Report No. Spring 2017, , pp. 115-118
Details and Buy


Monthly Report No. 7-8/2016

Vasily Astrov, Serkan Çiçek, Rumen Dobrinsky, Vladimir Gligorov, Doris Hanzl-Weiss, Peter Havlik, Mario Holzner, Gabor Hunya, Simona Jokubauskaite, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8,
25 pages including 1 Table and 1 Figure