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  3. Slovakia

Economy of Slovakia. Statistics, Data and Indicators

flag
Slovakia
80A+ Credit rank #30
155.37 Quality of life #28
59 Corruption rank#50
45 Ease of doing business#42
Slovakia


Slovakia Major Economic Indicators

Indicator Data Period
GDP Value 111 USD Billion 2019
GDP Annual Growth Rate 2 % 4Q/19
GDP Growth Rate 0.6 % 4Q/19
GDP per capita 20670 USD 2018
Inflation Rate YoY 3 % Feb/20
Interest Rate 0 % Mar/20
Unemployment Rate 5.1 % Feb/20
Wages 1171 EUR/Month | 1281.841 USD/Month Jan/20
Balance of Trade 27.6 EUR Million | 0.03 B USD Jan/20
Current Account -279 EUR Million | -0.305 B USD Jan/20
Foreign Exchange Reserves 6901 USD Million | 6.901 B USD Feb/20
Government Debt 43184 EUR Million | 47.272 B USD 4Q/19


GDP
vvp
111
USD Billion
#65 from 174 countries
GDP per capita
vvp
20670
USD
#42 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 111 USD Billion 2019
GDP Annual Growth Rate 2 % 4Q/19
GDP Growth Rate 0.6 % 4Q/19
GDP per capita 20670 USD 2018
GDP Constant Prices 23.02 EUR Million | 0.025 B USD 4Q/19
GDP per capita PPP 31326 USD 2018
GDP From Agriculture  0.43 EUR Billion | 0.471 B USD 4Q/19
GDP From Construction  1916 EUR Million | 2.097 B USD 4Q/19
GDP From Manufacturing  4429 EUR Million | 4.848 B USD 4Q/19
GDP From Public Administration  3.02 EUR Billion | 3.306 B USD 4Q/19
GDP From Services  3471 EUR Million | 3.8 B USD 4Q/19


Budget Indicators

Indicator Data Period
Government Debt to GDP 48.9 % 2018
Government Budget Value -626 EUR Million | -0.685 USD Billion Feb/20
Government Spending 4.68 EUR Billion | 5.123 USD Billion 4Q/19
Government Debt 43184 EUR Million | 47.272 USD Billion 4Q/19
Government Revenues 2175 EUR Million | 2.381 USD Billion Feb/20
Fiscal Expenditure  2896 EUR Million | 3.17 B USD Feb/20
Government Budget to GDP -0.7 % 2018
Government Spending to GDP 40.6 % 2018
Military Expenditure 1186 USD Million | 1.186 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 176 index points Feb/20
Export Prices 100 index points Nov/19
Food Inflation 4.6 % Feb/20
Gasoline Prices 1.43 USD/Liter Feb/20
GDP Deflator 105 index points 4Q/19
Import Prices 101 index points Nov/19
Inflation Rate YoY 3 % Feb/20
Producer Prices 113 index points Feb/20
Inflation Rate Mom 0.1 % Feb/20
Core Consumer Prices 127 Index Points Feb/20
Core Inflation Rate 3.2 % Feb/20
CPI Housing Utilities 255 Index Points Feb/20
CPI Transportation 129 Index Points Feb/20
Harmonised Consumer Prices 108 Index Points Feb/20
Producer Prices Change  2.4 % Jan/20


Trade Indicators

Indicator Data Period
Current Account to GDP -2.5 % 2018
Weapons Sales 12 USD Million | 0.012 M USD 2018
Balance of Trade 27.6 EUR Million | 0.03 USD Billion Jan/20
Capital Flows -75.02 EUR Million | -0.082 USD Billion Jan/20
Current Account -279 EUR Million | -0.305 USD Billion Jan/20
Exports 6682 EUR Million | 7.314 USD Billion Jan/20
External Debt 106 EUR Billion | 116.033 USD Billion 3Q/19
Foreign Exchange Reserves 6901 USD Million | 6.901 USD Billion Feb/20
Imports 6655 EUR Million | 7.285 USD Billion Jan/20
Terms of Trade  99.18 Index Points Nov/19


Money Indicators

Indicator Data Period
Bank Lending Rate 2.6 % Jan/20
Gold Reserves 31.69 Tonnes 4Q/19
Interest Rate 0 % Mar/20
Loans to Private Sector 20230 EUR Million | 22.145 USD Billion Jan/20
Money Supply M0 12.88 EUR Billion | 14.099 USD Billion Jan/20
Money Supply M1 57.1 EUR Billion | 62.505 USD Billion Jan/20
Money Supply M2 69.3 EUR Billion | 75.86 USD Billion Jan/20
Money Supply M3 69.3 EUR Billion | 75.86 USD Billion Jan/20
Central Bank Balance Sheet 47178 EUR Million | 51.644 B USD Jan/20
Foreign Direct Investment 209 EUR Million | 0.229 B USD Jan/20


Labor Indicators

Indicator Data Period
Minimum Wages 520 EUR/Month | 569.22 USD/Month 4Q/19
Retirement Age Men 62.42 2018
Retirement Age Women 62.42 2018
Unemployment Rate 5.1 % Feb/20
Wages 1171 EUR/Month | 1281.841 USD/Month Jan/20
Youth Unemployment Rate 15.7 % Feb/20
Employed Persons 2591 Thousand Person | 2.591 Million Person 4Q/19
Employment Change  0.2 % 3Q/19
Employment Rate  68.5 % 3Q/19
Full Time Employment 2427 Thousand Person 3Q/19
Labor Force Participation Rate 94.4 % 4Q/19
Living Wage Family 640 EUR/Month | 700.579 USD/Month 2018
Living Wage Individual 450 EUR/Month | 492.595 USD/Month 2018
Long Term Unemployment Rate 3.3 % 3Q/19
Part Time Employment 118 Thousand Persons 3Q/19
Unemployed Persons 138943 Persons | 0.139 Million Persons Feb/20
Wage Growth  6.9 % 4Q/19
Wages High Skilled 1250 EUR/Month | 1368.319 USD/Month 2018
Wages in Manufacturing 1154 EUR/Month | 1263.232 USD/Month Jan/20
Wages Low Skilled  678 EUR/Month | 742.176 USD/Month 2018


Taxes

Indicator Data Period
Corporate Tax Rate 21 % 2018
Personal Income Tax Rate 25 % 2018
Sales Tax Rate 20 % 2020
Social Security Rate 48.6 % 2019
Social Security Rate For Companies 35.2 % 2019
Social Security Rate For Employees 13.4 % 2019


Production Indicators

Indicator Data Period
Crude Oil Production 0.2 BBL/D/1K Nov/19
Electricity Production 2433 GWh Dec/19
Industrial Production 0.5 % Jan/20
Mining Production 16.7 % Jan/20
Steel Production 430 Thousand Tonnes Apr/19
Industrial Production (MoM) 4.5 % Jan/20


Business Indicators

Indicator Data Period
Business Confidence -3 index points Mar/20
Corruption Index 50 index points 2019
Corruption Rank 59 place 2019
Ease of Doing Business 45 place 2019
Manufacturing Production -0.5 % Jan/20
Competitiveness Index 66.77 Index Points 2019
Competitiveness Rank 42 2019
Economic Optimism Index 98 Index points Feb/20


Consumer Indicators

Indicator Data Period
Consumer Confidence -7.8 index points Mar/20
Private Debt To GDP 136 % 2018
Retail Sales MoM 1.2 % Jan/20
Retail Sales YoY -1 % Jan/20
Consumer Credit 6593 EUR Million | 7.217 USD Billion Jan/20
Consumer Spending 12.6 EUR Billion | 13.793 USD Billion 4Q/19
Disposable Personal Income 14170 EUR Million | 15.511 B USD 3Q/19
Households Debt To Income 69.26 % 2018


Housing Market

Indicator Data Period
Construction Output 6.9 % Jan/20


Government Debt
dept_icon
47.272
USD Billion
#34 from 65 countries
Balance of Trade
balance_icon
0.03
USD Billion
#95 from 173 countries


Gold Reserves
gold_reserve_icon
31.69
Tonnes
#52 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
6.901
USD Billion
#79 from 114 countries


Government Budget Value
balance_icon
-0.685
USD Billion
#80 from 113 countries
Inflation Rate
inflation_icon
3
%
#69 from 174 countries


Interest Rate
discount_rate_icon
0
%
#135 from 159 countries
Bank Lending Rate
credit_rate_icon
2.6%
#36 from 55 countries


Unemployment Rate
unemployment_icon
5.1
%
#109 from 171 countries
Wages
salary_icon
1281.841
USD/Month
#39 from 82 countries


Retirement Age
man_icon
woman_icon
62.42
62.42
men
women
Taxes
company_icon
private_icon
21%
25%
company profits
income of individuals


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