Slovakia
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| Population, 1000 persons | 5432 | 5427 | 5422 | . | . | . |
| GDP, real change in % | 0.4 | 1.4 | 2.0 | 1.7 | 2.0 | 2.4 |
| GDP per capita (EUR at PPP) | 25650 | 28150 | 29670 | . | . | . |
| Gross industrial production, real change in % | -4.5 | 3.8 | 0.6 | . | . | . |
| Unemployment rate - LFS, in %, average | 6.1 | 5.8 | 5.3 | 5.6 | 5.5 | 5.4 |
| Average gross monthly wages, EUR | 1304 | 1430 | 1524 | . | . | . |
| Consumer prices, % p.a. | 12.1 | 11.0 | 3.2 | 3.9 | 2.8 | 2.5 |
| Fiscal balance in % of GDP | -1.7 | -5.2 | -5.3 | -4.9 | -4.2 | -4.0 |
| Public debt in % of GDP | 57.7 | 56.1 | 59.7 | . | . | . |
| Current account in % of GDP | -9.6 | -0.9 | -2.8 | -2.6 | -2.8 | -2.3 |
| FDI inflow, EUR m | 4607 | -303 | 3308 | . | . | . |
| Gross external debt in % of GDP | 105.4 | 96.0 | 101.1 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of January, April, July and November.
See Press Conferences.
publication_icon
Monthly Report No. 4/2025
Alexandre Bernier, Doris Hanzl-Weiss, Philipp Heimberger, Michal Hrubý, Ambre Maucorps and Leon Podkaminer
wiiw Monthly Report No. 4, April 2025
56 pages including 2 Tables 36 Figures and 2 Boxes
publication_icon
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
Domestic and external factors alike will constrain Slovakia’s growth over the next two years: it is expected to slow from 2% in 2024 to 1.7% in 2025, before returning to 2% in 2026. Fiscal consolidation is under way, impacting both households and businesses, while geopolitical tensions add uncertainty to trade. A more noticeable recovery is expected only in 2027.