Slovakia (Slovak Republic) Economic Statistics and Indicators

26, Apr 2018, EDT. Welcome to the Slovakia economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Slovakia (Slovak Republic) › Change country
National or Regional Currency: Slovak Koruna, SKK
Year of data: 2015 › Change year
Number of Indicators Listed: 38
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 5,443,583 (July 2014 est.)
Area: total: 49,035 sq km ; land: 48,105 sq km ; water: 930 sq km
Natural Resources: brown coal and lignite; small amounts of iron ore, copper and manganese ore; salt; arable land
Capital: name: Bratislava ; geographic coordinates: 48 09 N, 17 07 E ; time difference: UTC+1 (6 hours ahead of Washington, DC,. during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Slovakia has made significant economic reforms since its separation from the Czech Republic in 1993. After a period of relative stagnation in the early and mid 1990s, reforms to the taxation, healthcare, pension, and social welfare systems helped Slovakia consolidate its budget, get on track to join the EU in 2004, and adopt the euro in January 2009. Major privatizations are nearly complete, the banking sector is almost entirely in foreign hands, and the government has facilitated a foreign investment boom with business friendly policies. Foreign direct investment (FDI), especially in the automotive and electronic sectors, fueled much of the growth until 2008. Cheap, skilled labor, low taxes, no dividend taxes, a relatively liberal labor code, and a favorable geographical location are Slovakia's main advantages to foreign investors. Growth returned, following a contraction in 2009, but has remained sluggish in large part due to continued weakness in external demand. In 2012 the government of Prime Minister Robert FICO rolled back some of Slovakia's pro-growth reforms to help shore up public finances. Corruption and slow dispute resolution remain key factors constraining economic growth.

Economic Indicator Listing
  For Slovakia in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 3.595 %
GDP (Current Prices, National Currency)SKK 78.071 Billion.
GDP (Current Prices, US Dollars)US$ 86.629 Billion
GDP Deflator 103.006 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)SKK 13,991.25 .
GDP Per Capita (Current Prices, National Currency)SKK 14,411.84 .
GDP Per Capita (Current Prices, US Dollars)US$ 15,991.74
Output Gap, Percent of Potential GDP -0.324 %
GDP (PPP), US DollarsUS$ 160.998 Billion
GDP Per Capita (PPP), US DollarsUS$ 29,720.06
GDP Share of World Total (PPP) 0.142 %
Implied PPP Conversion Rate 0.485
Investment (% of GDP) 22.905 %
Gross National Savings (% of GDP) 21.756 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 99.997 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) -0.341 %
Inflation, End of Year (Indexed to Year 2000) 99.95 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) -0.428 %
Import Volume of All Items Including Goods and Services (Percent Change) 8.059 %
Import Volumes of Goods Only (Percent Change) 8.059 %
Export Volume of All Items Including Goods and Services (Percent Change) 6.602 %
Export Volumes of Goods Only (Percent Change) 6.602 %
Unemployment Rate (% of Labour Force) 11.467 %
Employment 2.267 Million
Population 5.417 Million
General government revenue (National Currency)SKK 31.67 Billions.
General government revenue (% of GDP) 40.566 %
General government total expenditure (National Currency)SKK 33.763 Billions.
General government total expenditure (% of GDP) 43.247 %
Total Government Net Lending/ Borrowing (National Currency)SKK -2.093 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -2.681 %
General Government Structural Balance (National Currency)SKK -2.068 Billion.
General Government Structural Balance (% Potential GDP) -2.641 %
Fiscal Year Gross Domestic Product, Current PricesSKK 78.071 Billions.
Current Account Balance (US Dollars)US$ -0.996 Billion
Current Account Balance (% GDP) -1.149 %
Economic Indicators for Slovakia 2015

GDP (Constant Prices, National Currency) for Slovakia in year 2015 is SKK 75.793 Billion.

GDP Growth (Constant Prices, National Currency) for Slovakia in year 2015 is 3.595 %.

GDP (Current Prices, National Currency) for Slovakia in year 2015 is SKK 78.071 Billion.

GDP (Current Prices, US Dollars) for Slovakia in year 2015 is US$ 86.629 Billion.

GDP Deflator for Slovakia in year 2015 is 103.006 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Slovakia in year 2015 is SKK 13,991.25 .

GDP Per Capita (Current Prices, National Currency) for Slovakia in year 2015 is SKK 14,411.84 .

GDP Per Capita (Current Prices, US Dollars) for Slovakia in year 2015 is US$ 15,991.74 .

Output Gap, Percent of Potential GDP for Slovakia in year 2015 is -0.324 %.

GDP (PPP), US Dollars for Slovakia in year 2015 is US$ 160.998 Billion.

GDP Per Capita (PPP), US Dollars for Slovakia in year 2015 is US$ 29,720.06 .

GDP Share of World Total (PPP) for Slovakia in year 2015 is 0.142 %.

Implied PPP Conversion Rate for Slovakia in year 2015 is 0.485 .

Investment (% of GDP) for Slovakia in year 2015 is 22.905 %.

Gross National Savings (% of GDP) for Slovakia in year 2015 is 21.756 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Slovakia in year 2015 is 99.997 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Slovakia in year 2015 is -0.341 %.

Inflation, End of Year (Indexed to Year 2000) for Slovakia in year 2015 is 99.95 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Slovakia in year 2015 is -0.428 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Slovakia in year 2015 is 8.059 %.

Import Volumes of Goods Only (Percent Change) for Slovakia in year 2015 is 8.059 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Slovakia in year 2015 is 6.602 %.

Export Volumes of Goods Only (Percent Change) for Slovakia in year 2015 is 6.602 %.

Unemployment Rate (% of Labour Force) for Slovakia in year 2015 is 11.467 %.

Employment for Slovakia in year 2015 is 2.267 Million .

Population for Slovakia in year 2015 is 5.417 Million .

General government revenue (National Currency) for Slovakia in year 2015 is SKK 31.67 Billions.

General government revenue (% of GDP) for Slovakia in year 2015 is 40.566 %.

General government total expenditure (National Currency) for Slovakia in year 2015 is SKK 33.763 Billions.

General government total expenditure (% of GDP) for Slovakia in year 2015 is 43.247 %.

Total Government Net Lending/ Borrowing (National Currency) for Slovakia in year 2015 is SKK -2.093 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Slovakia in year 2015 is -2.681 %.

General Government Structural Balance (National Currency) for Slovakia in year 2015 is SKK -2.068 Billion.

General Government Structural Balance (% Potential GDP) for Slovakia in year 2015 is -2.641 %.

Fiscal Year Gross Domestic Product, Current Prices for Slovakia in year 2015 is SKK 78.071 Billions.

Current Account Balance (US Dollars) for Slovakia in year 2015 is US$ -0.996 Billion.

Current Account Balance (% GDP) for Slovakia in year 2015 is -1.149 %.

* Source: IMF
Aggregate Indicators for Slovakia
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Slovakia
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Slovakia
  Natural Resources, Agricultural Products, Land Use and Water Use for Slovakia
  Nationality, Ethnic Groups, Languages and Religions for Slovakia
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Slovakia
  Age Structure, Median Age, Gender and Urbanization for Slovakia
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Slovakia
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Slovakia
  HIV, AIDS and Other Major Infectious Disease Rates for Slovakia
  Literacy Rate, Educational Expenditure and School Life Expectancy for Slovakia
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Slovakia
  Industries and Industrial Growth Production Rate for Slovakia
  Labor Force by Occupation for Slovakia
  Poverty Line, Gini Index, Household Income and Consumption for Slovakia
  National Budget and Public Debt for Slovakia
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Slovakia
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Slovakia
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Slovakia
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Slovakia
  Foreign Exchange Reserves and Gold Reserves for Slovakia
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Slovakia
  Exchange Rate Statistics for Slovakia
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Slovakia
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Slovakia
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Slovakia
  Television and Radio Statistics (TV Stats, Radio Stats) for Slovakia
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Slovakia
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Slovakia
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Slovakia
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Slovakia
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Slovakia
* Source: CIA
Internet Indicators for Slovakia
Indicators
  Number of Internet Users for Slovakia
  Internet Penetration Rate for Slovakia
  Number of Facebook Accounts for Slovakia
  Facebook Penetration Rate for Slovakia
* Source: IWS
Economic Freedom Indicators for Slovakia
Indicators
  Economic Freedom World Rank for Slovakia
  Government Spending for Slovakia
  Monetary Freedom for Slovakia
  Investment Freedom for Slovakia
  Financial Freedom for Slovakia
  Property Rights for Slovakia
  Economic Freedom Regional Ranking for Slovakia
  Freedom from Corruption for Slovakia
  Labor Freedom for Slovakia
  Tariff Rate for Slovakia
  Income Tax Rate for Slovakia
  Corporate Tax Rate for Slovakia
  Tax Burden % of GDP for Slovakia
  Government Expenditure % of GDP for Slovakia
  Business Freedom for Slovakia
  Trade Freedom for Slovakia
  Fiscal Freedom for Slovakia
  2016 Score for Slovakia
* Source: HFO
Slovakia Economic Indicators in other Years
  Slovakia Economic Indicators for Year 2021 (Forecast)
  Slovakia Economic Indicators for Year 2020 (Forecast)
  Slovakia Economic Indicators for Year 2019 (Forecast)
  Slovakia Economic Indicators for Year 2018 (Forecast)
  Slovakia Economic Indicators for Year 2017 (Forecast)
  Slovakia Economic Indicators for Year 2016 (Forecast)
Slovakia Economic Indicators for Year 2015 (Current)
  Slovakia Economic Indicators for Year 2014
  Slovakia Economic Indicators for Year 2013
  Slovakia Economic Indicators for Year 2012
  Slovakia Economic Indicators for Year 2011
  Slovakia Economic Indicators for Year 2010
  Slovakia Economic Indicators for Year 2009
  Slovakia Economic Indicators for Year 2008
  Slovakia Economic Indicators for Year 2007
  Slovakia Economic Indicators for Year 2006
  Slovakia Economic Indicators for Year 2005
  Slovakia Economic Indicators for Year 2004
  Slovakia Economic Indicators for Year 2003
  Slovakia Economic Indicators for Year 2002
  Slovakia Economic Indicators for Year 2001
  Slovakia Economic Indicators for Year 2000
  Slovakia Economic Indicators for Year 1999
  Slovakia Economic Indicators for Year 1998
  Slovakia Economic Indicators for Year 1997
  Slovakia Economic Indicators for Year 1996
  Slovakia Economic Indicators for Year 1995
  Slovakia Economic Indicators for Year 1994
  Slovakia Economic Indicators for Year 1993
  Slovakia Economic Indicators for Year 1992
  Slovakia Economic Indicators for Year 1991
  Slovakia Economic Indicators for Year 1990
  Slovakia Economic Indicators for Year 1989
  Slovakia Economic Indicators for Year 1988
  Slovakia Economic Indicators for Year 1987
  Slovakia Economic Indicators for Year 1986
  Slovakia Economic Indicators for Year 1985
  Slovakia Economic Indicators for Year 1984
  Slovakia Economic Indicators for Year 1983
  Slovakia Economic Indicators for Year 1982
  Slovakia Economic Indicators for Year 1981
  Slovakia Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International