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GDP Growth in Slovakia

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

Slovakia's GDP growth amounted to 2.40 % in 2019 according to the the National Statistical Office. This is 1.5 % less than in the previous year (3.90 %).

Historically, GDP growth in Slovakia reached an all time high of 10.8 % in 2007 and an all time low of -5.46 % in 2009. When compared to Slovakia's main peers, GDP growth in Austria amounted to 1.60 %, 2.34 % in Czech Republic, 4.93 % in Hungary and 4.15 % in Poland in 2019.

Slovakia has been ranked 87th within the group of 174 countries we follow in terms of GDP growth, 68 places above the position seen 10 years ago.

Annual percentage growth rate of the whole economy at market prices based on a constant local currency.

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