Slovakia GDP Annual Growth Rate  1998-2016 | Data | Chart | Calendar

The Slovak economy expanded 4.2 percent year-on-year in the fourth quarter of 2015, accelerating from a 3.7 percent increase in the previous period and the highest growth rate in five years, preliminary estimates showed. On a quarterly basis, the GDP grew 1 percent compared to a 0.9 percent increase in the previous two quarters and the highest in six years. GDP Annual Growth Rate in Slovakia averaged 3.70 percent from 1998 until 2015, 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. GDP Annual Growth Rate in Slovakia is reported by the Statistical Office of the Slovak Republic.

Slovakia GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
4.20 3.70 13.50 -6.10 1998 - 2015 percent Quarterly
In Slovakia, the most important industries are engineering, chemical, electrotechnical engineering, wood-processing and food industry. After contracting by 5.3 percent in 2009, growth has returned but has remained sluggish in large part due to continued weakness in external demand. Later in 2014 the country was growing at 2.4 percent, as corruption and slow dispute resolution remain key factors constraining economic growth. 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-11-13 08:00 AM Q3 3.6% 3.4% 3.3% 3.4%
2015-12-04 08:00 AM Q3 3.7% 3.4% 3.6% 3.6%
2016-02-12 08:00 AM Q4 4.2% 3.7% 3.9% 3.9%
2016-03-08 08:00 AM Q4 3.7%
2016-05-13 07:00 AM Q1 3.86%
2016-06-06 07:00 AM Q1

Slovakia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 0.90 9.00 -7.60 percent [+]
GDP Annual Growth Rate 4.20 3.70 13.50 -6.10 percent [+]
GDP 99.79 97.71 99.83 5.80 USD Billion [+]
GDP Constant Prices 18993.10 18705.30 18993.10 9847.00 EUR Million [+]
Gross Fixed Capital Formation 4.76 4.11 4.83 2.24 EUR Billion [+]
GDP per capita 15726.85 15371.31 15726.85 6781.46 USD [+]
GDP per capita PPP 26354.70 25758.90 26354.70 11364.22 USD [+]
GDP From Agriculture 1.15 0.54 1.15 0.20 EUR Billion [+]
GDP From Construction 1932.00 1256.00 2078.00 600.00 EUR Million [+]
GDP From Manufacturing 3927.00 3663.00 3927.00 1017.00 EUR Million [+]
GDP From Public Administration 2.16 2.30 2.62 1.35 EUR Billion [+]
GDP From Services 3860.00 3739.00 3860.00 1820.00 EUR Million [+]




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