Slovakia’s current account deficit narrowed to EUR 186.3 million in December 2020, from EUR 251.3 million in the previous year. The goods balance switched to a EUR 23 million surplus from a EUR 159.3 million deficit in the previous year, while the primary income gap narrowed to EUR 146.6 million from EUR 220.7 million. On the other hand, the services surplus shrank to EUR 15.2 million from EUR 48.4 million, and the secondary income balance slipped to a EUR 77.9 million deficit from a EUR 80.3 million surplus. Considering full 2020, the current deficit narrowed to EUR 306.6 million, from EUR 2547.2 million in the previous year. source: National Bank of Slovakia

Current Account in Slovakia averaged -176.07 EUR Million from 1997 until 2020, reaching an all time high of 431.50 EUR Million in February of 2013 and a record low of -1470 EUR Million in December of 2005. This page provides - Slovakia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Current Account in Slovakia is expected to be -570.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Slovakia to stand at -590.00 in 12 months time. In the long-term, the Slovakia Current Account is projected to trend around -590.00 EUR Million in 2022, according to our econometric models.

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Slovakia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-186.30 228.60 431.50 -1470.00 1997 - 2020 EUR Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-19 12:00 PM Sep €429M €183M € -100M
2020-12-18 10:30 AM Oct €275M €299M €370M
2021-01-22 10:00 AM Nov €-107M €275M €190M
2021-02-22 12:30 PM Dec €-186M € -107M
2021-03-19 12:30 PM Jan €-186M
2021-04-20 11:00 AM Feb
2021-05-21 11:00 AM Mar
2021-06-18 11:00 AM Apr


News Stream
Slovakia Current Account Gap Narrows in December
Slovakia’s current account deficit narrowed to EUR 186.3 million in December 2020, from EUR 251.3 million in the previous year. The goods balance switched to a EUR 23 million surplus from a EUR 159.3 million deficit in the previous year, while the primary income gap narrowed to EUR 146.6 million from EUR 220.7 million. On the other hand, the services surplus shrank to EUR 15.2 million from EUR 48.4 million, and the secondary income balance slipped to a EUR 77.9 million deficit from a EUR 80.3 million surplus. Considering full 2020, the current deficit narrowed to EUR 306.6 million, from EUR 2547.2 million in the previous year.
2021-02-22
Slovakia Current Account Deficit at EUR 106.5M
Slovakia’s current account deficit tightened to EUR 106.5 million in November 2020, from EUR 236.53 million in the previous year, as the primary income gap decreased to EUR 87.99 million from EUR 153.36 million, while goods rebounded to EUR 59.81 million surplus from a EUR 80.81 million deficit. Furthermore, the services surplus stood EUR 45.20 million, close to its previous surplus of EUR 48 million. On the down side, the secondary income deficit plunged to EUR 123.51 million from EUR 50.16 million in 2019. Month over month, the current deficit balance fell 136.6% after having decreased by 7.79% in October.
2021-01-22
Slovak Current Account Balance Swings to Surplus
Slovakia posted a EUR 429.1 million surplus in September of 2020, compared to a EUR 164.3 million deficit in the same month last year, as the goods account switched to a EUR 372.4 million surplus from a EUR 90.7 million gap. Also, the services surplus widened to EUR 152.2 million from EUR 148.8 million, the primary income deficit narrowed to EUR 90 million from EUR 204.5 million and the secondary income gap was down to EUR 5.5 million from EUR 17.9 million.
2020-11-19
Slovak Current Account Gap Shrinks in August
Slovakia's current account deficit narrowed to EUR 93.2 million in August of 2020 from EUR 433.2 million in the corresponding month of the previous year. The secondary income shortfall went down to EUR 111.3 million from EUR 113.4 million a year earlier and the goods account posted a EUR 53.5 million surplus, compared to a EUR 326.3 million deficit in August 2019. On the other hand, the primary income gap widened to EUR 150.6 million from EUR 131.7 million and the services surplus shrank to EUR 115.2 million from EUR 138.2 million.
2020-10-20

Slovakia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).