The economy of the Slovak Republic expanded by 2.1% in 2024, the fastest in three years, up from a 1.6% growth in 2023. Full Year GDP Growth in Slovakia averaged 3.44 percent from 1996 until 2024, reaching an all time high of 10.80 percent in 2007 and a record low of -5.50 percent in 2009. source: Statistical Office of the Slovak Republic

Full Year GDP Growth in Slovakia is expected to reach 1.50 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Full Year GDP Growth is projected to trend around 1.40 percent in 2026 and 1.60 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 2.10 1.60 percent Dec 2024
GDP 141.78 133.90 USD Billion Dec 2024
GDP Growth Rate YoY 0.60 0.90 percent Jun 2025
GDP Constant Prices 26.28 24.20 EUR Billion Jun 2025
GDP from Agriculture 0.48 0.33 EUR Billion Jun 2025
GDP from Construction 1.69 0.93 EUR Billion Jun 2025
GDP from Manufacturing 3.81 4.37 EUR Billion Jun 2025
GDP from Public Administration 4.02 3.85 EUR Billion Jun 2025
GDP from Services 5.09 4.64 EUR Million Jun 2025
GDP Growth Rate 0.20 0.20 percent Jun 2025
Gross Fixed Capital Formation 4.12 6.48 EUR Billion Mar 2025



Slovakia Full Year GDP Growth
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.
Actual Previous Highest Lowest Dates Unit Frequency
2.10 1.60 10.80 -5.50 1996 - 2024 percent Yearly
Constant prices