Economy of Slovakia. Statistics, Data and Indicators
Slovakia
| 80A+ | Credit rank #30 |
| 155.37 | Quality of life #28 |
| 49 | Corruption rank#50 |
| 45 | Ease of doing business#42 |
Slovakia Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 115 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.5 % | 2Q/23 |
| GDP Growth Rate | 0.4 % | 2Q/23 |
| GDP per capita | 18876 USD | 2022 |
| Inflation Rate YoY | 8.84 % | Aug/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Unemployment Rate | 5.23 % | Aug/23 |
| Wages | 1473 EUR/Month | 1562.699 USD/Month | Jul/23 |
| Balance of Trade | 483 EUR Million | 0.512 B USD | Aug/23 |
| Current Account | 212 EUR Million | 0.225 B USD | Jul/23 |
| Foreign Exchange Reserves | 9436 USD Million | 9.436 B USD | Sep/23 |
| Government Debt | 66763 EUR Million | 70.829 B USD | 2Q/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 115 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.5 % | 2Q/23 |
| GDP Growth Rate | 0.4 % | 2Q/23 |
| GDP per capita | 18876 USD | 2022 |
| GDP Constant Prices | 23.4 EUR Million | 0.025 B USD | 2Q/23 |
| GDP per capita PPP | 33172 USD | 2022 |
| GDP From Agriculture | 0.47 EUR Billion | 0.499 B USD | 2Q/23 |
| GDP From Construction | 1233 EUR Million | 1.308 B USD | 2Q/23 |
| GDP From Manufacturing | 4519 EUR Million | 4.794 B USD | 2Q/23 |
| GDP From Public Administration | 3.39 EUR Billion | 3.596 B USD | 2Q/23 |
| GDP From Services | 3901 EUR Million | 4.139 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 57.8 % | 2022 |
| Government Budget Value | -3916 EUR Million | -4.154 USD Billion | Sep/23 |
| Government Spending | 3.68 EUR Billion | 3.904 USD Billion | 2Q/23 |
| Government Debt | 66763 EUR Million | 70.829 USD Billion | 2Q/23 |
| Government Revenues | 15796 EUR Million | 16.758 USD Billion | Sep/23 |
| Fiscal Expenditure | 19712 EUR Million | 20.912 B USD | Sep/23 |
| Government Budget to GDP | -2 % | 2022 |
| Government Spending to GDP | 42.3 % | 2022 |
| Military Expenditure | 1994 USD Million | 1.994 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 228 index points | Aug/23 |
| Export Prices | 99.9 index points | Jun/23 |
| Food Inflation | 13.5 % | Aug/23 |
| Gasoline Prices | 1.82 USD/Liter | Aug/23 |
| GDP Deflator | 130 index points | 2Q/23 |
| Import Prices | 99.2 index points | Jun/23 |
| Inflation Rate YoY | 8.84 % | Aug/23 |
| Producer Prices | 156 index points | Aug/23 |
| Inflation Rate Mom | 0 % | Aug/23 |
| Core Consumer Prices | 166 Index Points | Aug/23 |
| Core Inflation Rate | 9.6 % | Aug/23 |
| CPI Housing Utilities | 326 Index Points | Aug/23 |
| CPI Transportation | 166 Index Points | Aug/23 |
| Harmonised Consumer Prices | 139 Index Points | Aug/23 |
| Producer Prices Change | 14.5 % | Jun/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -8.3 % | 2022 |
| Weapons Sales | 71 USD Million | 0.071 M USD | 2022 |
| Balance of Trade | 483 EUR Million | 0.512 USD Billion | Aug/23 |
| Capital Flows | -1165 EUR Million | -1.236 USD Billion | Jul/23 |
| Current Account | 212 EUR Million | 0.225 USD Billion | Jul/23 |
| Exports | 8482 EUR Million | 8.999 USD Billion | Aug/23 |
| External Debt | 116 EUR Billion | 123.064 USD Billion | 2Q/23 |
| Foreign Exchange Reserves | 9436 USD Million | 9.436 USD Billion | Sep/23 |
| Imports | 7999 EUR Million | 8.486 USD Billion | Aug/23 |
| Terms of Trade | 101 Index Points | Jun/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 5.8 % | Aug/23 |
| Gold Reserves | 31.69 Tonnes | 2Q/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Loans to Private Sector | 24808 EUR Million | 26.319 USD Billion | Aug/23 |
| Money Supply M0 | 15.43 EUR Billion | 16.37 USD Billion | Aug/23 |
| Money Supply M1 | 67.7 EUR Billion | 71.823 USD Billion | Aug/23 |
| Money Supply M2 | 82.5 EUR Billion | 87.524 USD Billion | Aug/23 |
| Money Supply M3 | 82.9 EUR Billion | 87.948 USD Billion | Aug/23 |
| Central Bank Balance Sheet | 61923 EUR Million | 65.694 B USD | Aug/23 |
| Foreign Direct Investment | 284 EUR Million | 0.301 B USD | Jul/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 700 EUR/Month | 742.627 USD/Month | 3Q/23 |
| Retirement Age Men | 64 | 2022 |
| Retirement Age Women | 64 | 2022 |
| Unemployment Rate | 5.23 % | Aug/23 |
| Wages | 1473 EUR/Month | 1562.699 USD/Month | Jul/23 |
| Youth Unemployment Rate | 19.8 % | Aug/23 |
| Employed Persons | 2609 Thousand Person | 2.609 Million Person | 2Q/23 |
| Employment Change | 0 % | 2Q/23 |
| Employment Rate | 72 % | 2Q/23 |
| Full Time Employment | 2463 Thousand Person | 1Q/23 |
| Labor Force Participation Rate | 94.3 % | 2Q/23 |
| 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 | 3.8 % | 2Q/23 |
| Part Time Employment | 72.5 Thousand Persons | 1Q/23 |
| Unemployed Persons | 145850 Persons | 0.146 Million Persons | Aug/23 |
| Wage Growth | -2 % | 2Q/23 |
| Wages High Skilled | 1250 EUR/Month | 1409.833 USD/Month | 2018 |
| Wages in Manufacturing | 1446 EUR/Month | 1534.055 USD/Month | Jul/23 |
| Wages Low Skilled | 678 EUR/Month | 764.693 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 21 % | 2023 |
| Personal Income Tax Rate | 25 % | 2023 |
| Sales Tax Rate | 20 % | 2023 |
| Social Security Rate | 48.6 % | 2023 |
| Social Security Rate For Companies | 35.2 % | 2023 |
| Social Security Rate For Employees | 13.4 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 0.02 BBL/D/1K | Jan/23 |
| Electricity Production | 2258 GWh | Jul/23 |
| Industrial Production | 4.6 % | Aug/23 |
| Mining Production | 2.9 % | Aug/23 |
| Steel Production | 430 Thousand Tonnes | Apr/19 |
| Industrial Production (MoM) | -2.6 % | Jul/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | -9.3 index points | Sep/23 |
| Corruption Index | 53 index points | 2022 |
| Corruption Rank | 49 place | 2022 |
| Ease of Doing Business | 45 place | 2019 |
| Manufacturing Production | 4.4 % | Aug/23 |
| Competitiveness Index | 66.77 Index Points | 2019 |
| Competitiveness Rank | 42 | 2019 |
| Economic Optimism Index | 91.9 Index points | Sep/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -19.7 index points | Sep/23 |
| Private Debt To GDP | 142 % | 2022 |
| Retail Sales MoM | 1.7 % | Aug/23 |
| Retail Sales YoY | -2.1 % | Aug/23 |
| Consumer Credit | 6130 EUR Million | 6.503 USD Billion | Aug/23 |
| Consumer Spending | 12.68 EUR Billion | 13.452 USD Billion | 2Q/23 |
| Disposable Personal Income | 18071 EUR Million | 19.171 B USD | 2Q/23 |
| Households Debt To Income | 72.66 % | 2022 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 4 % | Aug/23 |
