Economy of Slovakia. Statistics, Data and Indicators
Slovakia
| 80A+ | Credit rank #30 |
| 155.37 | Quality of life #28 |
| 56 | Corruption rank#50 |
| 45 | Ease of doing business#42 |
Slovakia Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 115 USD Billion | 2021 |
| GDP Annual Growth Rate | 3.1 % | 1Q/22 |
| GDP Growth Rate | 0.4 % | 1Q/22 |
| GDP per capita | 17923 USD | 2021 |
| Inflation Rate YoY | 13.2 % | Jun/22 |
| Interest Rate | 0.5 % | Jul/22 |
| Unemployment Rate | 6.3 % | Jun/22 |
| Wages | 1442 EUR/Month | 1467.774 USD/Month | May/22 |
| Balance of Trade | 160 EUR Million | 0.163 B USD | May/22 |
| Current Account | -97 EUR Million | -0.099 B USD | May/22 |
| Foreign Exchange Reserves | 10162 USD Million | 10.162 B USD | Jul/22 |
| Government Debt | 59857 EUR Million | 60.927 B USD | 1Q/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 115 USD Billion | 2021 |
| GDP Annual Growth Rate | 3.1 % | 1Q/22 |
| GDP Growth Rate | 0.4 % | 1Q/22 |
| GDP per capita | 17923 USD | 2021 |
| GDP Constant Prices | 20.64 EUR Million | 0.021 B USD | 1Q/22 |
| GDP per capita PPP | 31498 USD | 2021 |
| GDP From Agriculture | 0.29 EUR Billion | 0.295 B USD | 1Q/22 |
| GDP From Construction | 513 EUR Million | 0.522 B USD | 1Q/22 |
| GDP From Manufacturing | 4754 EUR Million | 4.839 B USD | 1Q/22 |
| GDP From Public Administration | 2.88 EUR Billion | 2.931 B USD | 1Q/22 |
| GDP From Services | 3842 EUR Million | 3.911 B USD | 1Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 63.1 % | 2021 |
| Government Budget Value | -1289 EUR Million | -1.312 USD Billion | Jul/22 |
| Government Spending | 3.56 EUR Billion | 3.624 USD Billion | 1Q/22 |
| Government Debt | 59857 EUR Million | 60.927 USD Billion | 1Q/22 |
| Government Revenues | 10400 EUR Million | 10.586 USD Billion | Jul/22 |
| Fiscal Expenditure | 11689 EUR Million | 11.898 B USD | Jul/22 |
| Government Budget to GDP | -6.2 % | 2021 |
| Government Spending to GDP | 46.8 % | 2021 |
| Military Expenditure | 1778 USD Million | 1.778 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 206 index points | Jun/22 |
| Export Prices | 102 index points | Apr/22 |
| Food Inflation | 17.9 % | Jun/22 |
| Gasoline Prices | 2.01 USD/Liter | Jun/22 |
| GDP Deflator | 116 index points | 1Q/22 |
| Import Prices | 104 index points | Apr/22 |
| Inflation Rate YoY | 13.2 % | Jun/22 |
| Producer Prices | 147 index points | Jun/22 |
| Inflation Rate Mom | 1.2 % | Jun/22 |
| Core Consumer Prices | 149 Index Points | Jun/22 |
| Core Inflation Rate | 12.9 % | Jun/22 |
| CPI Housing Utilities | 298 Index Points | Jun/22 |
| CPI Transportation | 165 Index Points | Jun/22 |
| Harmonised Consumer Prices | 125 Index Points | Jun/22 |
| Producer Prices Change | 40.9 % | May/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -2 % | 2021 |
| Weapons Sales | 1 USD Million | 0.001 M USD | 2019 |
| Balance of Trade | 160 EUR Million | 0.163 USD Billion | May/22 |
| Capital Flows | -798 EUR Million | -0.812 USD Billion | Feb/22 |
| Current Account | -97 EUR Million | -0.099 USD Billion | May/22 |
| Exports | 8997 EUR Million | 9.158 USD Billion | May/22 |
| External Debt | 142 EUR Billion | 144.538 USD Billion | 1Q/22 |
| Foreign Exchange Reserves | 10162 USD Million | 10.162 USD Billion | Jul/22 |
| Imports | 8836 EUR Million | 8.994 USD Billion | May/22 |
| Terms of Trade | 98.65 Index Points | Apr/22 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 2.85 % | Jun/22 |
| Gold Reserves | 31.69 Tonnes | 1Q/22 |
| Interest Rate | 0.5 % | Jul/22 |
| Loans to Private Sector | 23329 EUR Million | 23.746 USD Billion | Jun/22 |
| Money Supply M0 | 16.13 EUR Billion | 16.418 USD Billion | Jun/22 |
| Money Supply M1 | 72 EUR Billion | 73.287 USD Billion | Jun/22 |
| Money Supply M2 | 81.5 EUR Billion | 82.957 USD Billion | Jun/22 |
| Money Supply M3 | 81.9 EUR Billion | 83.364 USD Billion | Jun/22 |
| Central Bank Balance Sheet | 83289 EUR Million | 84.778 B USD | Jun/22 |
| Foreign Direct Investment | 1001 EUR Million | 1.019 B USD | Feb/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 646 EUR/Month | 657.547 USD/Month | 3Q/22 |
| Retirement Age Men | 62.67 | 2020 |
| Retirement Age Women | 62.67 | 2020 |
| Unemployment Rate | 6.3 % | Jun/22 |
| Wages | 1442 EUR/Month | 1467.774 USD/Month | May/22 |
| Youth Unemployment Rate | 19.8 % | Jun/22 |
| Employed Persons | 2573 Thousand Person | 2.573 Million Person | 1Q/22 |
| Employment Change | -1.1 % | 1Q/21 |
| Employment Rate | 70.6 % | 1Q/22 |
| Full Time Employment | 2490 Thousand Person | 4Q/21 |
| Labor Force Participation Rate | 93.6 % | 1Q/22 |
| Living Wage Family | 640 EUR/Month | 721.834 USD/Month | 2018 |
| Living Wage Individual | 450 EUR/Month | 507.54 USD/Month | 2018 |
| Long Term Unemployment Rate | 4.2 % | 1Q/22 |
| Part Time Employment | 80.6 Thousand Persons | 4Q/21 |
| Unemployed Persons | 169602 Persons | 0.17 Million Persons | Jun/22 |
| Wage Growth | -1.4 % | 1Q/22 |
| Wages High Skilled | 1250 EUR/Month | 1409.833 USD/Month | 2018 |
| Wages in Manufacturing | 1433 EUR/Month | 1458.613 USD/Month | May/22 |
| Wages Low Skilled | 678 EUR/Month | 764.693 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 21 % | 2021 |
| Personal Income Tax Rate | 25 % | 2021 |
| Sales Tax Rate | 20 % | 2021 |
| Social Security Rate | 48.6 % | 2021 |
| Social Security Rate For Companies | 35.2 % | 2021 |
| Social Security Rate For Employees | 13.4 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 0 BBL/D/1K | Mar/22 |
| Electricity Production | 2089 GWh | May/22 |
| Industrial Production | 1.1 % | May/22 |
| Mining Production | 12.1 % | May/22 |
| Steel Production | 430 Thousand Tonnes | Apr/19 |
| Industrial Production (MoM) | -1.2 % | Apr/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | -2 index points | Jul/22 |
| Corruption Index | 52 index points | 2021 |
| Corruption Rank | 56 place | 2021 |
| Ease of Doing Business | 45 place | 2019 |
| Manufacturing Production | -3.4 % | Mar/22 |
| Competitiveness Index | 66.77 Index Points | 2019 |
| Competitiveness Rank | 42 | 2019 |
| Economic Optimism Index | 99.5 Index points | Jun/22 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -28.8 index points | Jul/22 |
| Private Debt To GDP | 142 % | 2020 |
| Retail Sales MoM | -2.8 % | Jun/22 |
| Retail Sales YoY | 1.5 % | Jun/22 |
| Consumer Credit | 5795 EUR Million | 5.899 USD Billion | Jun/22 |
| Consumer Spending | 12.3 EUR Billion | 12.52 USD Billion | 1Q/22 |
| Disposable Personal Income | 15459 EUR Million | 15.735 B USD | 1Q/22 |
| Households Debt To Income | 72.24 % | 2020 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 2.5 % | May/22 |
