wiiw Forecast Reports

SLOVAKIA: Yet another blow to the automotive industry

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Doris Hanzl-Weiss

in: Overshadowed by War and Sanctions
wiiw Forecast Report No. Spring 2022, April 2022 , pp. 116-119

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By the end of 2021, Slovakia’s GDP had still not fully recovered from the COVID-19 pandemic, showing annual growth of only 3%. Growth forecasts have been revised substantially downwards, reflecting the negative impact of the Russian war in Ukraine. Still, the inflow of EU funds should provide some growth impetus at a time of rising risk.

 

Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Slovakia


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