Slovakia GDP Annual Growth Rate  1998-2017 | Data | Chart | Calendar

The Slovak economy expanded 3 percent year-on-year in the fourth quarter of 2016, the same pace as in the previous period and slightly below a preliminary estimate of 3.1 percent growth. Household consumption advanced further by 3.3 percent (2.5 percent in Q3) and foreign demand contributed positively, as exports rose 6.3 percent (4.5 percent in Q3) and imports went up at a slower 4.5 percent (0.8 percent in Q3). Meanwhile, fixed investment fell sharply by 15 percent (-17 percent in Q3), and government spending declined 1 percent (2.1 percent in Q3). On a seasonally adjusted quarterly basis, the GDP advanced 0.8 percent. In 2016 as a whole, the economy grew 3.3 percent after expanding by 3.8 percent in 2015. GDP Annual Growth Rate in Slovakia averaged 3.68 percent from 1998 until 2016, reaching an all time high of 13.50 percent in the fourth quarter of 2007 and a record low of -6.10 percent in the second quarter of 2009.

Slovakia GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-06 08:00 AM Q3 3.0% 3.8% 3% 3%
2017-02-14 08:00 AM Q4 3.1% 3.0% 3.1% 3.6%
2017-03-07 08:00 AM Q4 3% 3.0% 3.1% 3.1%
2017-05-12 07:00 AM Q1 3% 3.2%
2017-06-07 07:00 AM Q1 3% 3.2%
2017-08-11 07:00 AM Q2 3.4%




Slovakia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.70 9.00 -7.60 percent [+]
GDP Annual Growth Rate 3.00 3.00 13.50 -6.10 percent [+]
GDP 87.26 100.76 100.76 5.80 USD Billion [+]
GDP Constant Prices 19934.75 19807.53 19934.75 9847.00 EUR Million [+]
Gross Fixed Capital Formation 4.75 4.04 5.63 2.24 EUR Billion [+]
GDP per capita 18643.15 17973.16 18643.15 7676.04 USD [+]
GDP per capita PPP 28254.26 27237.62 28254.26 11632.75 USD [+]
GDP From Agriculture 0.59 1.22 1.22 0.20 EUR Billion [+]
GDP From Construction 1785.00 1738.00 2162.00 600.00 EUR Million [+]
GDP From Manufacturing 4469.00 4576.00 4671.00 1017.00 EUR Million [+]
GDP From Public Administration 2.39 2.21 2.62 1.35 EUR Billion [+]
GDP From Services 3314.00 3867.00 3867.00 1820.00 EUR Million [+]


Slovakia GDP Annual Growth Rate Notes

In Slovakia, the most important industries are engineering, chemical, electrotechnical engineering, wood-processing and food industry. On the expenditure side, household consumption is the main component of GDP and accounts for 57 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (19 percent). Exports of goods and services account for 92 percent of GDP while imports account for 88 percent, adding 4 percent of total GDP. This page provides - Slovakia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 13.50 -6.10 1998 - 2016 percent Quarterly
NSA



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