wiiw Forecast Reports
SLOVAKIA: Shortage of semiconductors starting to bite
in: Recovery Beating Expectations
wiiw Forecast Report No. Autumn 2021, October 2021 , pp. 110-113
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.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Slovakia