Slovakia’s economy suffered from a slow start in the first years after its separation from the Czech Republic in 1993, due to the country’s authoritarian leadership and high levels of corruption, but economic reforms implemented after 1998 have placed Slovakia on a path of strong growth. With a population of 5.4 million, the Slovak Republic has a small, open economy driven mainly by automobile and electronics exports, which account for more than 80% of GDP. Slovakia joined the EU in 2004 and the euro zone in 2009. The country’s banking sector is sound and...
GDP | Reference | Last | Previous | Units | Frequency |
---|---|---|---|---|---|
Real Private Consumption | 2022 Q3 | 13,302 | 12,950 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Real Government Consumption | 2022 Q3 | 3,819 | 3,811 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Real Gross Domestic Product | 2022 Q3 | 22,746 | 22,665 | Mil. Ch. 2015 EUR, SA | Quarterly |
Government Consumption | 2022 Q3 | 5,565 | 5,352 | Mil. EUR, NSA | Quarterly |
Private Consumption | 2022 Q3 | 16,861 | 16,227 | Mil. EUR, NSA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2022 Q3 | 4,938 | 4,171 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Nominal Gross Domestic Product | 2022 Q3 | 27,227 | 26,643 | Mil. EUR, SA | Quarterly |
Investment | 2022 Q3 | 6,365 | 5,820 | Mil. EUR, SA | Quarterly |
Real Investment | 2022 Q3 | 4,787 | 5,299 | Mil. Ch. 2015 EUR, SA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2022 Q3 | 5,841 | 4,926 | Mil. EUR, NSA | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Dec 2022 | 216.1 | 215.7 | December 2000=100, NSA | Monthly |
Producer Price Index (PPI) | Dec 2022 | 169.55 | 173.87 | Index Dec2015=100, SA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Wage & Salaries | Nov 2022 | 94.7 | 95.1 | Index CPPY=100, NSA | Monthly |
Unemployment | 2022 Q3 | 167.9 | 169.9 | Ths. #, NSA | Quarterly |
Total Employment | 2022 Q3 | 2,615 | 2,603 | Ths. #, NSA | Quarterly |
Labor Force Employment | 2022 Q3 | 2,615 | 2,603 | Ths. #, NSA | Quarterly |
Unemployment Rate | 2022 Q3 | 6 | 6.1 | %, NSA | Quarterly |
Primary Industries Employment | 2022 Q3 | 69,910 | 70,529 | #, NSA | Quarterly |
Labor Force | 2022 Q2 | 2,773 | 2,747 | Ths. #, NSA | Quarterly |
Agriculture Employment | 2017 | 80,024 | 79,750 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Exports of Goods | Dec 2022 | 7,707,266 | 9,661,850 | Ths. EUR, NSA | Monthly |
Imports of Goods | Dec 2022 | 8,957,547 | 10,551,382 | Ths. EUR, NSA | Monthly |
Balance of Goods | Nov 2022 | -5,114 | -4,152 | Mil. EUR YTD, NSA | Monthly |
Current Account Balance | Nov 2022 | -7,070 | -6,113 | Mil. EUR YTD, NSA | Monthly |
Real Exports of Goods and Services | 2022 Q3 | 22,946 | 21,494 | Mil. Ch. 2015 EUR, SA | Quarterly |
Exports of Goods and Services | 2022 Q3 | 28,239 | 26,290 | Mil. EUR, SA | Quarterly |
Real Imports of Goods and Services | 2022 Q3 | 22,344 | 21,080 | Mil. Ch. 2015 EUR, SA | Quarterly |
Real Net Exports | 2022 Q3 | 575.1 | 544.3 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Imports of Goods and Services | 2022 Q3 | 29,728 | 27,650 | Mil. EUR, SA | Quarterly |
Net Exports | 2022 Q3 | -1,326 | -1,277 | Mil. EUR, NSA | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Government Revenues | Jan 2023 | 1,577 | 19,029 | Mil. EUR, NSA | Monthly |
Government Expenditures | Jan 2023 | 1,518 | 23,554 | Mil. EUR, NSA | Monthly |
Government Budget Balance | Jan 2023 | 59.5 | -4,524 | Mil. EUR, NSA | Monthly |
Gross External Debt | 2022 Q2 | 0 | 0 | USD, NSA | Quarterly |
Outstanding Public Debt | 2022 Q2 | 62,018,327 | 61,882,414 | Ths. EUR, NSA | Quarterly |
Outstanding Public Debt - Foreign | 2022 Q2 | 29,681,930 | 30,572,942 | Ths. EUR, NSA | Quarterly |
Outstanding Public Debt - Domestic | 2022 Q2 | 32,336,397 | 31,309,472 | Ths. EUR, NSA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Stock Market Index | 08 Feb 2023 | 330.67 | 330.67 | Index, NSA | Business Daily |
Lending Rate | Dec 2022 | 2.89 | 2.84 | %, NSA | Monthly |
Money Market Rate | Dec 2021 | -0.49 | -0.49 | %, NSA | Monthly |
Average Long-term Government Bond | May 2017 | 1.03 | 1.06 | % | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
House Price Value | 2022 Q4 | 2,660 | 2,713 | EUR per m², NSA | Quarterly |
Residential Housing Starts | 2021 | 24,497 | 19,744 | # | Annual |
Building Completions | 2021 | 20,649 | 21,490 | # | Annual |
Housing Starts | 2021 | 24,497 | 19,744 | # | Annual |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Jan 2023 | -32.4 | -34.1 | Bal. of Opinion, SA | Monthly |
Retail Sales | Dec 2022 | 102.7 | 98.6 | Vol. Index corr. per. prv. yr.=100, NSA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Capacity Utilization | 2023 Q1 | 80.2 | 83 | %, SA | Quarterly |
Business Confidence | Jan 2023 | -12.3 | -15.7 | Bal. of Opinion, SA | Monthly |
Industrial Production | Nov 2022 | 114 | 114.6 | Index 2015=100, NSA | Monthly |
Real Change in Inventories | 2022 Q3 | 127.66 | 816.81 | Mil. Ch. 2015 EUR, SA | Quarterly |
Change in Inventories | 2022 Q3 | 1,308 | 1,314 | Mil. EUR, NSA | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Deaths | Nov 2022 | 4,607 | 4,878 | #, NSA | Monthly |
Population | 2021 | 5,434,712 | 5,459,781 | # | Annual |
Births | 2021 | 56,565 | 56,650 | # | Annual |
Net Migration | 2017 | 4,999 | # | Annual | |
Birth Rate | 2016 | 10.6 | # per Ths. pop. | Annual | |
Death Rate | 1984 | 10.1 | 10.3 | # per Ths. pop. | Annual |