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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 105 USD Billion 2019
GDP Annual Growth Rate -2.4 % 3Q/20
GDP Growth Rate 11.6 % 3Q/20
GDP per capita 21039 USD 2019
Inflation Rate YoY 1.6 % Dec/20
Interest Rate 0 % Jan/21
Unemployment Rate 7.6 % Dec/20
Wages 1494 EUR/Month | 1818.824 USD/Month Nov/20
Balance of Trade 223 EUR Million | 0.271 B USD Nov/20
Current Account -106 EUR Million | -0.129 B USD Nov/20
Foreign Exchange Reserves 7623 USD Million | 7.623 B USD Dec/20
Government Debt 53268 EUR Million | 64.849 B USD 3Q/20


GDP
vvp
105
USD Billion
#65 from 174 countries
GDP per capita
vvp
21039
USD
#42 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 105 USD Billion 2019
GDP Annual Growth Rate -2.4 % 3Q/20
GDP Growth Rate 11.6 % 3Q/20
GDP per capita 21039 USD 2019
GDP Constant Prices 22.65 EUR Million | 0.028 B USD 3Q/20
GDP per capita PPP 32793 USD 2019
GDP From Agriculture  0.95 EUR Billion | 1.157 B USD 3Q/20
GDP From Construction  1445 EUR Million | 1.759 B USD 3Q/20
GDP From Manufacturing  3878 EUR Million | 4.721 B USD 3Q/20
GDP From Public Administration  3.11 EUR Billion | 3.786 B USD 3Q/20
GDP From Services  3945 EUR Million | 4.803 B USD 3Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 48 % 2019
Government Budget Value -2522 EUR Million | -3.07 USD Billion Dec/20
Government Spending 3.85 EUR Billion | 4.687 USD Billion 3Q/20
Government Debt 53268 EUR Million | 64.849 USD Billion 3Q/20
Government Revenues 15751 EUR Million | 19.176 USD Billion Dec/20
Fiscal Expenditure  23509 EUR Million | 28.62 B USD Dec/20
Government Budget to GDP -1.3 % 2019
Government Spending to GDP 42.8 % 2019
Military Expenditure 1186 USD Million | 1.186 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 177 index points Dec/20
Export Prices 99.5 index points Sep/20
Food Inflation 0.6 % Dec/20
Gasoline Prices 1.46 USD/Liter Dec/20
GDP Deflator 108 index points 3Q/20
Import Prices 99.6 index points Sep/20
Inflation Rate YoY 1.6 % Dec/20
Producer Prices 106 index points Nov/20
Inflation Rate Mom -0.1 % Dec/20
Core Consumer Prices 128 Index Points Dec/20
Core Inflation Rate 1.5 % Dec/20
CPI Housing Utilities 256 Index Points Dec/20
CPI Transportation 125 Index Points Dec/20
Harmonised Consumer Prices 109 Index Points Dec/20
Producer Prices Change  -0.1 % Nov/20


Trade Indicators

Indicator Data Period
Current Account to GDP -2.9 % 2019
Weapons Sales 12 USD Million | 0.012 M USD 2018
Balance of Trade 223 EUR Million | 0.271 USD Billion Nov/20
Capital Flows 753 EUR Million | 0.917 USD Billion Nov/20
Current Account -106 EUR Million | -0.129 USD Billion Nov/20
Exports 7530 EUR Million | 9.167 USD Billion Nov/20
External Debt 111 EUR Billion | 135.133 USD Billion 3Q/20
Foreign Exchange Reserves 7623 USD Million | 7.623 USD Billion Dec/20
Imports 7307 EUR Million | 8.896 USD Billion Nov/20
Terms of Trade  99.87 Index Points Sep/20


Money Indicators

Indicator Data Period
Bank Lending Rate 2.3 % Nov/20
Gold Reserves 31.69 Tonnes 3Q/20
Interest Rate 0 % Jan/21
Loans to Private Sector 21193 EUR Million | 25.801 USD Billion Nov/20
Money Supply M0 14.21 EUR Billion | 17.3 USD Billion Nov/20
Money Supply M1 63.9 EUR Billion | 77.793 USD Billion Nov/20
Money Supply M2 74.6 EUR Billion | 90.819 USD Billion Nov/20
Money Supply M3 74.5 EUR Billion | 90.698 USD Billion Nov/20
Central Bank Balance Sheet 56115 EUR Million | 68.315 B USD Nov/20
Foreign Direct Investment 266 EUR Million | 0.324 B USD Nov/20


Labor Indicators

Indicator Data Period
Minimum Wages 580 EUR/Month | 706.103 USD/Month 3Q/20
Retirement Age Men 62.67 2020
Retirement Age Women 62.67 2020
Unemployment Rate 7.6 % Dec/20
Wages 1494 EUR/Month | 1818.824 USD/Month Nov/20
Youth Unemployment Rate 20.4 % Nov/20
Employed Persons 2529 Thousand Person | 2.529 Million Person 3Q/20
Employment Change  -1.1 % 2Q/20
Employment Rate  67.5 % 3Q/20
Full Time Employment 2378 Thousand Person 3Q/20
Labor Force Participation Rate 92.8 % 3Q/20
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 2.9 % 3Q/20
Part Time Employment 111 Thousand Persons 3Q/20
Unemployed Persons 201948 Persons | 0.202 Million Persons Nov/20
Wage Growth  2.7 % 3Q/20
Wages High Skilled 1250 EUR/Month | 1409.833 USD/Month 2018
Wages in Manufacturing 1481 EUR/Month | 1802.997 USD/Month Nov/20
Wages Low Skilled  678 EUR/Month | 764.693 USD/Month 2018


Taxes

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


Production Indicators

Indicator Data Period
Crude Oil Production 0.2 BBL/D/1K Sep/20
Electricity Production 2355 GWh Oct/20
Industrial Production 2.2 % Nov/20
Mining Production 5.5 % Nov/20
Steel Production 430 Thousand Tonnes Apr/19
Industrial Production (MoM) 3.1 % Nov/20


Business Indicators

Indicator Data Period
Business Confidence -0.3 index points Dec/20
Corruption Index 50 index points 2019
Corruption Rank 59 place 2019
Ease of Doing Business 45 place 2019
Manufacturing Production -4.7 % Oct/20
Competitiveness Index 66.77 Index Points 2019
Competitiveness Rank 42 2019
Economic Optimism Index 85.9 Index points Dec/20


Consumer Indicators

Indicator Data Period
Consumer Confidence -32.6 index points Dec/20
Private Debt To GDP 136 % 2018
Retail Sales MoM -2 % Nov/20
Retail Sales YoY -0.4 % Nov/20
Consumer Credit 6111 EUR Million | 7.44 USD Billion Nov/20
Consumer Spending 12.47 EUR Billion | 15.181 USD Billion 3Q/20
Disposable Personal Income 14712 EUR Million | 17.911 B USD 3Q/20
Households Debt To Income 69.64 % 2019


Housing Market

Indicator Data Period
Construction Output -9 % Nov/20


Government Debt
dept_icon
64.849
USD Billion
#34 from 65 countries
Balance of Trade
balance_icon
0.271
USD Billion
#95 from 173 countries


Gold Reserves
gold_reserve_icon
31.69
Tonnes
#52 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
7.623
USD Billion
#79 from 114 countries


Government Budget Value
balance_icon
-3.07
USD Billion
#80 from 113 countries
Inflation Rate
inflation_icon
1.6
%
#69 from 174 countries


Interest Rate
discount_rate_icon
0
%
#135 from 159 countries
Bank Lending Rate
credit_rate_icon
2.3%
#36 from 55 countries


Unemployment Rate
unemployment_icon
7.6
%
#109 from 171 countries
Wages
salary_icon
1818.824
USD/Month
#39 from 82 countries


Retirement Age
man_icon
woman_icon
62.67
62.67
men
women
Taxes
company_icon
private_icon
21%
25%
company profits
income of individuals


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