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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 -12.1 % 2Q/20
GDP Growth Rate -8.3 % 2Q/20
GDP per capita 21039 USD 2019
Inflation Rate YoY 1.4 % Sep/20
Interest Rate 0 % Oct/20
Unemployment Rate 7.4 % Sep/20
Wages 1121 EUR/Month | 1305.812 USD/Month Aug/20
Balance of Trade 335 EUR Million | 0.39 B USD Aug/20
Current Account -93.2 EUR Million | -0.109 B USD Aug/20
Foreign Exchange Reserves 8080 USD Million | 8.08 B USD Sep/20
Government Debt 52698 EUR Million | 61.386 B USD 2Q/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 -12.1 % 2Q/20
GDP Growth Rate -8.3 % 2Q/20
GDP per capita 21039 USD 2019
GDP Constant Prices 19.73 EUR Million | 0.023 B USD 2Q/20
GDP per capita PPP 32793 USD 2019
GDP From Agriculture  0.55 EUR Billion | 0.641 B USD 2Q/20
GDP From Construction  1064 EUR Million | 1.239 B USD 2Q/20
GDP From Manufacturing  3538 EUR Million | 4.121 B USD 2Q/20
GDP From Public Administration  2.76 EUR Billion | 3.215 B USD 2Q/20
GDP From Services  3259 EUR Million | 3.796 B USD 2Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 48 % 2019
Government Budget Value -679 EUR Million | -0.791 USD Billion Sep/20
Government Spending 3.5 EUR Billion | 4.077 USD Billion 2Q/20
Government Debt 52698 EUR Million | 61.386 USD Billion 2Q/20
Government Revenues 9913 EUR Million | 11.547 USD Billion Sep/20
Fiscal Expenditure  14579 EUR Million | 16.983 B USD Sep/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 Sep/20
Export Prices 101 index points Jul/20
Food Inflation 0.1 % Sep/20
Gasoline Prices 1.34 USD/Liter Sep/20
GDP Deflator 107 index points 2Q/20
Import Prices 100 index points Jul/20
Inflation Rate YoY 1.4 % Sep/20
Producer Prices 106 index points Sep/20
Inflation Rate Mom 0 % Sep/20
Core Consumer Prices 127 Index Points Sep/20
Core Inflation Rate 1.2 % Sep/20
CPI Housing Utilities 256 Index Points Sep/20
CPI Transportation 124 Index Points Sep/20
Harmonised Consumer Prices 108 Index Points Sep/20
Producer Prices Change  0.1 % Aug/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 335 EUR Million | 0.39 USD Billion Aug/20
Capital Flows -282 EUR Million | -0.328 USD Billion Aug/20
Current Account -93.2 EUR Million | -0.109 USD Billion Aug/20
Exports 6208 EUR Million | 7.231 USD Billion Aug/20
External Debt 113 EUR Billion | 131.63 USD Billion 2Q/20
Foreign Exchange Reserves 8080 USD Million | 8.08 USD Billion Sep/20
Imports 5872 EUR Million | 6.84 USD Billion Aug/20
Terms of Trade  101 Index Points Jul/20


Money Indicators

Indicator Data Period
Bank Lending Rate 2.38 % Aug/20
Gold Reserves 31.7 Tonnes 2Q/20
Interest Rate 0 % Oct/20
Loans to Private Sector 21161 EUR Million | 24.65 USD Billion Aug/20
Money Supply M0 14 EUR Billion | 16.308 USD Billion Aug/20
Money Supply M1 61.9 EUR Billion | 72.105 USD Billion Aug/20
Money Supply M2 72.7 EUR Billion | 84.686 USD Billion Aug/20
Money Supply M3 72.6 EUR Billion | 84.569 USD Billion Aug/20
Central Bank Balance Sheet 54109 EUR Million | 63.03 B USD Aug/20
Foreign Direct Investment 57.8 EUR Million | 0.067 B USD Jul/20


Labor Indicators

Indicator Data Period
Minimum Wages 580 EUR/Month | 675.621 USD/Month 3Q/20
Retirement Age Men 62.67 2020
Retirement Age Women 62.67 2020
Unemployment Rate 7.4 % Sep/20
Wages 1121 EUR/Month | 1305.812 USD/Month Aug/20
Youth Unemployment Rate 19.4 % Aug/20
Employed Persons 2504 Thousand Person | 2.504 Million Person 2Q/20
Employment Change  -1.1 % 2Q/20
Employment Rate  66.8 % 2Q/20
Full Time Employment 2292 Thousand Person 2Q/20
Labor Force Participation Rate 93.4 % 2Q/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 3.5 % 1Q/20
Part Time Employment 118 Thousand Persons 2Q/20
Unemployed Persons 203649 Persons | 0.204 Million Persons Sep/20
Wage Growth  3 % 2Q/20
Wages High Skilled 1250 EUR/Month | 1409.833 USD/Month 2018
Wages in Manufacturing 1103 EUR/Month | 1284.844 USD/Month Aug/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 Jun/20
Electricity Production 2221 GWh Jul/20
Industrial Production -0.8 % Aug/20
Mining Production 12.9 % Aug/20
Steel Production 430 Thousand Tonnes Apr/19
Industrial Production (MoM) 4.5 % Aug/20


Business Indicators

Indicator Data Period
Business Confidence 4 index points Oct/20
Corruption Index 50 index points 2019
Corruption Rank 59 place 2019
Ease of Doing Business 45 place 2019
Manufacturing Production -6.4 % Jul/20
Competitiveness Index 66.77 Index Points 2019
Competitiveness Rank 42 2019
Economic Optimism Index 88.4 Index points Oct/20


Consumer Indicators

Indicator Data Period
Consumer Confidence -33.7 index points Oct/20
Private Debt To GDP 136 % 2018
Retail Sales MoM 1.7 % Aug/20
Retail Sales YoY 4 % Aug/20
Consumer Credit 6241 EUR Million | 7.27 USD Billion Aug/20
Consumer Spending 11.69 EUR Billion | 13.617 USD Billion 2Q/20
Disposable Personal Income 13838 EUR Million | 16.119 B USD 2Q/20
Households Debt To Income 69.64 % 2019


Housing Market

Indicator Data Period
Construction Output -19.2 % Aug/20


Government Debt
dept_icon
61.386
USD Billion
#34 from 65 countries
Balance of Trade
balance_icon
0.39
USD Billion
#95 from 173 countries


Gold Reserves
gold_reserve_icon
31.7
Tonnes
#52 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
8.08
USD Billion
#79 from 114 countries


Government Budget Value
balance_icon
-0.791
USD Billion
#80 from 113 countries
Inflation Rate
inflation_icon
1.4
%
#69 from 174 countries


Interest Rate
discount_rate_icon
0
%
#135 from 159 countries
Bank Lending Rate
credit_rate_icon
2.38%
#36 from 55 countries


Unemployment Rate
unemployment_icon
7.4
%
#109 from 171 countries
Wages
salary_icon
1305.812
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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