Indicators of economy in Slovakia

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Slovakia, on the other hand, reached USD 21,392 per capita, or 116.53 billion USD for the whole country. Slovakia is therefore currently ranked 59 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then Slovakia ranks 48th in the list of the richest countries.

Inflation in Slovakia in 2021 was around 3.15%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 23.3 percent lower.
The index for perceived corruption in the public sector is 52, which is rather mediocre by global standards.


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