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 |
---|---|---|---|---|---|
Private Consumption | 2020 Q4 | 13,354 | 13,482 | Mil. EUR, NSA | Quarterly |
Real Private Consumption | 2020 Q4 | 12,368 | 12,474 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Real Government Consumption | 2020 Q4 | 4,726 | 3,849 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Government Consumption | 2020 Q4 | 5,792 | 4,732 | Mil. EUR, NSA | Quarterly |
Nominal Fixed Investment (gross fixed capital formation) | 2020 Q4 | 5,186 | 4,773 | Mil. EUR, NSA | Quarterly |
Real Fixed Investment (gross fixed capital formation) | 2020 Q4 | 4,937 | 4,541 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Nominal Gross Domestic Product | 2020 Q4 | 23,766 | 23,522 | Mil. EUR, SA | Quarterly |
Investment | 2020 Q4 | 4,902 | 3,675 | Mil. EUR, SA | Quarterly |
Real Investment | 2020 Q4 | 4,738 | 3,679 | Mil. Ch. 2015 EUR, SA | Quarterly |
Real Gross Domestic Product | 2020 Q4 | 21,861 | 21,808 | Mil. Ch. 2015 EUR, SA | Quarterly |
Price | Reference | Last | Previous | Units | Frequency |
Consumer Price Index (CPI) | Mar 2021 | 178.9 | 178 | December 2000=100, NSA | Monthly |
Producer Price Index (PPI) | Feb 2021 | 110.45 | 109.79 | Index Dec2015=100, SA | Monthly |
Labor | Reference | Last | Previous | Units | Frequency |
Wage & Salaries | Feb 2021 | 100.3 | 100.3 | Corresponding period of previous year = 100, NSA | Monthly |
Total Employment | 2020 Q4 | 2,538 | 2,529 | Ths., NSA | Quarterly |
Unemployment Rate | 2020 Q4 | 7 | 7.2 | %, NSA | Quarterly |
Labor Force Employment | 2020 Q4 | 2,538 | 2,529 | Ths., NSA | Quarterly |
Labor Force | 2020 Q4 | 2,728 | 2,726 | Ths., NSA | Quarterly |
Unemployment | 2020 Q4 | 189.8 | 196.5 | Ths., NSA | Quarterly |
Primary Industries Employment | 2020 Q4 | 69,029 | 69,969 | #, NSA | Quarterly |
Agriculture Employment | 2017 | 80,024 | 79,750 | # | Annual |
Trade | Reference | Last | Previous | Units | Frequency |
Current Account Balance | Feb 2021 | -294.8 | -177.91 | Mil. EUR YTD, NSA | Monthly |
Balance of Goods | Feb 2021 | 211.69 | 40.78 | Mil. EUR YTD, NSA | Monthly |
Exports of Goods | Feb 2021 | 7,154,100 | 6,607,300 | Ths. EUR, NSA | Monthly |
Imports of Goods | Feb 2021 | 6,755,600 | 6,366,100 | Ths. EUR, NSA | Monthly |
Exports of Goods and Services | 2020 Q4 | 21,269 | 20,985 | Mil. EUR, SA | Quarterly |
Real Exports of Goods and Services | 2020 Q4 | 21,256 | 20,957 | Mil. Ch. 2015 EUR, SA | Quarterly |
Imports of Goods and Services | 2020 Q4 | 20,776 | 19,787 | Mil. EUR, SA | Quarterly |
Real Imports of Goods and Services | 2020 Q4 | 20,385 | 19,396 | Mil. Ch. 2015 EUR, SA | Quarterly |
Net Exports | 2020 Q4 | 315.2 | 1,065 | Mil. EUR, NSA | Quarterly |
Real Net Exports | 2020 Q4 | 781.4 | 1,393 | Mil. Ch. 2015 EUR, NSA | Quarterly |
Government | Reference | Last | Previous | Units | Frequency |
Government Budget Balance | Mar 2021 | -1,990 | -1,179 | Mil. EUR, NSA | Monthly |
Government Expenditures | Mar 2021 | 5,214 | 3,043 | Mil. EUR, NSA | Monthly |
Government Revenues | Mar 2021 | 3,223 | 1,864 | Mil. EUR, NSA | Monthly |
Gross External Debt | 2020 Q2 | 0 | 0 | USD, NSA | Quarterly |
Outstanding Public Debt - Domestic | 2020 Q2 | 22,850,750 | 20,192,597 | Ths. EUR, NSA | Quarterly |
Outstanding Public Debt | 2020 Q2 | 54,995,675 | 46,608,794 | Ths. EUR, NSA | Quarterly |
Outstanding Public Debt - Foreign | 2020 Q2 | 32,144,925 | 26,416,197 | Ths. EUR, NSA | Quarterly |
Markets | Reference | Last | Previous | Units | Frequency |
Stock Market Index | 19 Apr 2021 | 369.94 | 369.94 | Index, NSA | Business Daily |
Money Market Rate | Mar 2021 | -0.48 | -0.48 | %, NSA | Monthly |
Lending Rate | Feb 2021 | 0.92 | 0.98 | %, NSA | Monthly |
Average Long-term Government Bond | May 2017 | 1.03 | 1.06 | % | Monthly |
Real Estate | Reference | Last | Previous | Units | Frequency |
Housing Starts | 2020 | 19,744 | 21,516 | # | Annual |
Building Completions | 2020 | 21,490 | 20,171 | # | Annual |
Residential Housing Starts | 2020 | 19,744 | 21,516 | # | Annual |
House Price Value | 2020 Q4 | 1,853 | 1,792 | EUR per m², NSA | Quarterly |
Consumer | Reference | Last | Previous | Units | Frequency |
Consumer Confidence | Mar 2021 | -36.5 | -38.4 | Balance of Opinion, NSA | Monthly |
Retail Sales | Feb 2021 | 85.3 | 83.2 | Vol. Index corr. per. prv. yr.=100, NSA | Monthly |
Business | Reference | Last | Previous | Units | Frequency |
Capacity Utilization | 2021 Q1 | 81.4 | 79.7 | %, SA | Quarterly |
Business Confidence | Mar 2021 | -3.7 | -5.3 | Balance of Opinion, SA | Monthly |
Industrial Production | Feb 2021 | 114.7 | 108.7 | Index 2015=100, NSA | Monthly |
Change in Inventories | 2020 Q4 | -823.6 | 135.2 | Mil. EUR, NSA | Quarterly |
Real Change in Inventories | 2020 Q4 | 607.45 | -699.77 | Mil. Ch. 2015 EUR, SA | Quarterly |
Demographics | Reference | Last | Previous | Units | Frequency |
Deaths | Jan 2021 | 8,650 | 7,813 | #, NSA | Monthly |
Population | 2020 | 5,459,781 | 5,457,873 | # | Annual |
Births | 2019 | 57,054 | 57,639 | # | 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 |