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Indicators of economy in Slovakia

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.429 US Dollar per capita. In contrast, the GDP in Slovakia reached 19.266 US dollars per inhabitant, or 105.08 bn US Dollar in the whole country. Slovakia is therefore currently ranked 61 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Slovakia is in the list of the world's richest countries in place 44.

Inflation in Slovakia was in 2019 at around 2.66%. For the the EU, the average of the same was year at 1.63%.

Compared to Germany, the prices for convenience goods are approximately 19.53% lower.
The Corruption Perceptions Index for the public sector counts 49 and is compared to other countries bad.


Back to overview: Slovakia

Unemployment rates in percent 1991 - 2020

Economic performance 2019

 Slovakia
Total
Slovakia
per capita
EU
Total
EU
per capita
GDP105.08 bn USD19,266.28 USD15,626.45 tn USD30,381.17 USD
Gross national product104.78 bn USD19,211.13 USD16,026.52 tn USD31,158.99 USD


Slovakia ranked 44th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea.

Development of the Gross domestic product in billion US Dollar 1990 - 2019


Household debt and deficits 2019


 Slovakia
Total
Slovakia
per capita
EU
Total
EU
per capita
Gross debt50.92 bn USD9,336.33 USD14,618.72 tn USD28,421.93 USD
Budget deficit1.42 bn USD260.43 USD148.52 bn USD288.76 USD


Im- and Exports 2019

 Slovakia
Total
Slovakia
per capita
EU
Total
EU
per capita
Imports96.75 bn USD17,739.52 USD8,073.39 bn USD15,696.41 USD
Exports97.04 bn USD17,792.19 USD8,622.21 bn USD16,763.44 USD


Development of imports and exports in billion US dollars 1993 - 2019

Exports
Imports



Slovakia: AirportsLargest airports and airlines in SlovakiaThe 2 biggest airports and 3 airlines in Slovakia with further information and data (M. R. Štefánik and Košice)
Slovakia: Public HolidaysPublic holidays in Slovakia 2021-2025Statutory and inofficial holidays in Slovakia for 2021 to 2025
Pariah StatesList of the 11 current Pariah States11 countries, which suffer from the sanctions of the international community because of their mostly autocratic government.