
Gross debt in Slovakia
General government debt of Slovakia refers to the debts of the state, their states and municipalities, and also of public sector institutions such as social security funds.The government debt in the period from 2000 to 2021 was between 14.8 billion and 73.5 billion USD. The highest level of the last years at 73 billion US Dollar was reached in 2021. The budget deficit in the same year was 6.4 billion USD.
Based on the number of inhabitants, this is a debt of 13,493 USD per person. For comparison, the average debt per person in the same year in the European Union was 35,341 USD.
Back to overview: Slovakia
Gross debt of the last 21 years in billion USD
This is how much debt Slovakia can afford
In accordance with the Maastricht Treaty, government debt in Slovakia is aggregated for the federal, state and local governments as well as state institutions, and therefore includes the debt of all public budgets. As it is gross debt, the government's assets are not deducted. According to the EU convergence criteria, each EU country must meet certain requirements. For the debt budget, these two conditions in particular are decisive:- Consolidated gross debt may not exceed 60% of gross domestic product (GDP).
- The budget deficit, i.e. new annual debt, may not exceed 3% of GDP.
At the end of 2021, the debt of all EU countries averaged 92 percent.
Year | Slovakia total | % of GDP | per capita | EU per capita |
---|---|---|---|---|
2000 | 14.75 bn USD | 50.45% | 2,738 USD | 10,328 USD |
2001 | 15.73 bn USD | 51.11% | 2,925 USD | 10,404 USD |
2002 | 15.99 bn USD | 45.30% | 2,974 USD | 11,368 USD |
2003 | 20.29 bn USD | 43.24% | 3,776 USD | 14,148 USD |
2004 | 23.96 bn USD | 41.72% | 4,460 USD | 16,162 USD |
2005 | 21.81 bn USD | 34.73% | 4,060 USD | 16,918 USD |
2006 | 22.24 bn USD | 31.43% | 4,139 USD | 17,549 USD |
2007 | 26.27 bn USD | 30.35% | 4,887 USD | 19,574 USD |
2008 | 28.85 bn USD | 28.60% | 5,363 USD | 22,721 USD |
2009 | 32.51 bn USD | 36.36% | 6,035 USD | 23,701 USD |
2010 | 37.03 bn USD | 40.78% | 6,868 USD | 25,145 USD |
2011 | 43.12 bn USD | 43.34% | 7,988 USD | 28,417 USD |
2012 | 48.95 bn USD | 51.93% | 9,052 USD | 27,784 USD |
2013 | 54.11 bn USD | 54.90% | 9,996 USD | 30,021 USD |
2014 | 54.26 bn USD | 53.68% | 10,014 USD | 30,832 USD |
2015 | 46.09 bn USD | 51.84% | 8,497 USD | 26,170 USD |
2016 | 47.17 bn USD | 52.44% | 8,685 USD | 26,655 USD |
2017 | 49.36 bn USD | 51.60% | 9,074 USD | 27,535 USD |
2018 | 52.68 bn USD | 49.63% | 9,671 USD | 29,172 USD |
2019 | 50.90 bn USD | 48.14% | 9,332 USD | 27,927 USD |
2020 | 63.75 bn USD | 59.74% | 11,677 USD | 32,227 USD |
2021 | 73.50 bn USD | 63.07% | 13,493 USD | 35,341 USD |
Comparison of gross debt per capita with the European Union in U.S. dollars
Budget deficit in Slovakia

The budget deficit in Slovakia in the period between 1998 and 2022 varied between 926.00 million euros and 7.29 billion euros. In 2022, Slovakia reached a balance of -2 billion euros.
In ratio to population, this equals a new indebtedness of 432 euros per capita in Slovakia in 2022. For comparison, the average debt per capita in the European Union in the same year was 1,254 euros.
Budget deficit of the past 24 years
Year | Slovakia total | % of GDP | per capita | EU per capita |
---|---|---|---|---|
1998 | -1,182.30 M USD | -3.96% | -219 USD | -398 USD |
1999 | -1,518.66 M USD | -4.99% | -281 USD | -204 USD |
2000 | -2,497.78 M USD | -8.54% | -464 USD | 112 USD |
2001 | -1,374.21 M USD | -4.46% | -255 USD | -299 USD |
2002 | -2,017.91 M USD | -5.72% | -375 USD | -565 USD |
2003 | -926.00 M USD | -1.97% | -172 USD | -840 USD |
2004 | -996.49 M USD | -1.73% | -185 USD | -920 USD |
2005 | -1,411.43 M USD | -2.25% | -263 USD | -822 USD |
2006 | -2,053.41 M USD | -2.90% | -382 USD | -568 USD |
2007 | -1,502.07 M USD | -1.74% | -279 USD | -360 USD |
2008 | -2,453.15 M USD | -2.43% | -456 USD | -1,085 USD |
2009 | -7,285.60 M USD | -8.15% | -1,353 USD | -2,021 USD |
2010 | -6,812.37 M USD | -7.50% | -1,264 USD | -1,970 USD |
2011 | -4,300.31 M USD | -4.32% | -797 USD | -1,463 USD |
2012 | -4,117.91 M USD | -4.37% | -762 USD | -1,220 USD |
2013 | -2,847.18 M USD | -2.89% | -526 USD | -1,027 USD |
2014 | -3,148.68 M USD | -3.11% | -581 USD | -851 USD |
2015 | -2,369.23 M USD | -2.67% | -437 USD | -574 USD |
2016 | -2,315.75 M USD | -2.57% | -426 USD | -421 USD |
2017 | -937.09 M USD | -0.98% | -172 USD | -263 USD |
2018 | -1,073.06 M USD | -1.01% | -197 USD | -134 USD |
2019 | -1,276.01 M USD | -1.21% | -234 USD | -191 USD |
2020 | -5,710.31 M USD | -5.35% | -1,046 USD | -2,317 USD |
2021 | -6,443.47 M USD | -5.53% | -1,183 USD | -1,852 USD |
2022 | -2,352.19 M USD | -432 USD | -1,254 USD |
(negative numbers = deficit)