Gross Capital Formation (As % of GDP) fell to 23.3% in Slovakia in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Slovakia | January 1, 2020
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Gross capital formation as a share of GDP reached 23.3 % in 2019 in Slovakia, according to the National Statistical Office. This is 0.622 % less than in the previous year.

Historically, gross capital formation as a share of GDP in Slovakia reached an all time high of 23.5 % in 2018 and an all time low of 0.209 % in 2012. When compared to Slovakia's main peers, gross capital formation as a share of GDP in Austria amounted to 26.0 %, 26.6 % in Czech Republic, 23.3 % in Hungary and 22.1 % in Poland in 2019.

Slovakia has been ranked 77th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 23 places above the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.

Gross Capital Formation (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Austria % 0.251% 25.6% 26.0% 25.8% 25.8%
Czech Republic % 0.259% 26.5% 26.6% 26.7% 26.7%
Germany % 0.201% 20.4% 20.8% 21.1% 21.3%
Hungary % 0.227% 23.3% 23.3% 23.4% 24.0%
Italy % 0.176% 18.1% 18.4% 18.3% 18.2%
Poland % 0.197% 21.5% 22.1% 22.0% 21.9%
Russia % 0.242% 21.2% 22.6% 23.0% 23.1%
Slovakia % 0.225% 23.5% 23.3% 23.5% 24.2%
Switzerland % 0.235% 24.0% 23.9% 23.9% 23.9%
Ukraine % 0.207% 18.8% 19.2% 20.1% 21.1%