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

The Slovak economy expanded 3.0 percent year-on-year in the third quarter of 2016, slowing from an upwardly revised 3.8 percent growth in the previous period and in line with preliminary estimates. Growth was mainly driven by household consumption (+2.5 percent compared to +3.1 percent in Q2) and government spending (+2.1 percent from +2.5 percent in Q2) while investment contracted strongly (-17.0 percent from -1.1 percent in Q2). Exports rose at a slower pace of 4.5 percent (+7.8 percent in Q2) and imports increased 0.8 percent (+5.9 percent in Q2). On a seasonally adjusted quarterly basis, the GDP advanced 0.7 percent after increasing by 0.9 percent in the previous period, also in line with flash figures. GDP Annual Growth Rate in Slovakia averaged 3.69 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)
2016-09-06 07:00 AM Q2 3.7% 3.4% 3.7% 3.7%
2016-11-15 08:00 AM Q3 3% 3.7% 3.3% 3.2%
2016-12-06 08:00 AM Q3 3.0% 3.8% 3% 3%
2017-02-14 08:00 AM Q4 3.0% 3.6%
2017-03-07 08:00 AM Q4 3.0% 3.6%
2017-05-12 07:00 AM Q1 2.93%




Slovakia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.70 0.90 9.00 -7.60 percent [+]
GDP Annual Growth Rate 3.00 3.80 13.50 -6.10 percent [+]
GDP 87.26 100.76 100.76 5.80 USD Billion [+]
GDP Constant Prices 19807.53 19556.01 19807.53 9847.00 EUR Million [+]
Gross Fixed Capital Formation 4.04 4.11 5.63 2.24 EUR Billion [+]
GDP per capita 18507.83 17883.37 18507.83 7676.15 USD [+]
GDP per capita PPP 27394.20 26469.90 27394.20 11361.78 USD [+]
GDP From Agriculture 1.22 0.67 1.22 0.20 EUR Billion [+]
GDP From Construction 1738.00 1293.00 2162.00 600.00 EUR Million [+]
GDP From Manufacturing 4576.00 4671.00 4671.00 1017.00 EUR Million [+]
GDP From Public Administration 2.21 2.12 2.62 1.35 EUR Billion [+]
GDP From Services 3867.00 3829.00 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.80 13.50 -6.10 1998 - 2016 percent Quarterly



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