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||1998 - 2015
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. Content for - Slovakia GDP Annual Growth Rate - was last refreshed on Friday, November 27, 2015.