Markets Actual Q1 Q2 Q3 Q4 2023
Currency 1.13 1.14 1.13 1.13 1.12 1.11
Stock Market (points) 404.52 397 390 382 375 362
Government Bond 10y (%) 0.16 0.17 0.19 0.21 0.23 0.27

Overview Actual Q1 Q2 Q3 Q4 2023
GDP Growth Rate (%) 0.40 1.2 1.8 1.2 1.2 0.9
GDP Annual Growth Rate (%) 1.30 5.7 5.3 5 5.5 5.5
Unemployment Rate (%) 6.80 7 6.8 6.6 6.5 5.7
Inflation Rate (%) 5.80 5.5 4.8 4.4 4 2.4
Inflation Rate Mom (%) 0.20 0.6 0.6 0.6 -0.1 0
Interest Rate (%) 0.00 0 0 0 0.1 0.25
Balance of Trade (EUR Million) -23.00 -150 -150 -150 -150 -150
Current Account (EUR Million) -117.10 -590 -590 -590 -590 -590
Current Account to GDP (% of GDP) -0.40 -2.1 -2.1 -2.1 -2.1 -2.1
Government Debt to GDP (% of GDP) 60.60 58 58 58 60 60
Government Budget (% of GDP) -6.20 -5 -5 -5 -5 -4.2
Business Confidence (points) -3.30 -9 -0.5 -0.5 0.5 0.5
Consumer Confidence (points) -25.90 -11 -7 -6 -5 -2
Retail Sales MoM (%) -0.70 0.5 0.5 0.5 0.3 0.3
Corporate Tax Rate (%) 21.00 21 21 21 21 21
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q1 Q2 Q3 Q4 2023
GDP Growth Rate (%) 0.40 1.2 1.8 1.2 1.2 0.9
GDP Annual Growth Rate (%) 1.30 5.7 5.3 5 5.5 5.5
GDP (USD Billion) 104.57 104 104 104 107 107
GDP Constant Prices (EUR Million) 23.08 23.22 21.15 23.16 24.24 24.5
Gross Fixed Capital Formation (EUR Billion) 4.52 5.08 3.52 4.34 4.75 5.36
GDP per capita (USD) 17251.65 20500 20500 20500 21100 21100
GDP per capita PPP (USD) 30330.04 32800 32800 32800 33300 33300
GDP From Agriculture (EUR Billion) 0.58 0.39 0.38 0.43 0.61 0.42
GDP From Construction (EUR Million) 1261.00 1640 531 1149 1324 1730
GDP From Manufacturing (EUR Million) 4079.00 4395 4802 4791 4283 4636
GDP From Public Administration (EUR Billion) 3.21 3.28 3 3.05 3.37 3.46
GDP From Services (EUR Million) 4432.00 3241 3531 4117 4654 3420

Labour Actual Q1 Q2 Q3 Q4 2023
Unemployment Rate (%) 6.80 7 6.8 6.6 6.5 5.7
Labour Costs (points) 123.50 140 140 135 127 145
Wages (EUR/Month) 1595.00 1272 1308 1289 1643 1692
Wages in Manufacturing (EUR/Month) 1582.00 1245 1292 1271 1629 1678
Minimum Wages (EUR/Month) 623.00 670 670 670 670 740
Population (Million) 5.46 5.48 5.48 5.48 5.49 5.49
Retirement Age Women 62.67 62.83 62.83 62.83 62.83 62.83
Retirement Age Men 62.67 62.83 62.83 62.83 62.83 62.83
Wage Growth (%) 2.50 3.2 3 3 3 3

Prices Actual Q1 Q2 Q3 Q4 2023
Inflation Rate (%) 5.80 5.5 4.8 4.4 4 2.4
Inflation Rate Mom (%) 0.20 0.6 0.6 0.6 -0.1 0
Consumer Price Index CPI (points) 187.30 189 191 193 195 199
Harmonised Consumer Prices (points) 114.15 116 117 118 119 122
Core Consumer Prices (points) 135.60 134 135 136 138 139
Core Inflation Rate (%) 6.40 4 2.7 1.6 1.4 1
Producer Prices (points) 122.30 120 121 122 122 121
Producer Prices Change (%) 13.90 11.2 9.4 3.5 1.6 1.6
CPI Housing Utilities (points) 266.80 266 271 274 277 284
CPI Transportation (points) 141.00 142 143 144 143 143
Food Inflation (%) 5.80 0.9 0.9 0.9 1.4 1.4

Money Actual Q1 Q2 Q3 Q4 2023
Interest Rate (%) 0.00 0 0 0 0.1 0.25

Trade Actual Q1 Q2 Q3 Q4 2023
Balance of Trade (EUR Million) -23.00 -150 -150 -150 -150 -150
Current Account (EUR Million) -117.10 -590 -590 -590 -590 -590
Current Account to GDP (% of GDP) -0.40 -2.1 -2.1 -2.1 -2.1 -2.1
Imports (EUR Million) 8416.00 6250 6250 6250 6250 6250
Exports (EUR Million) 8393.00 6100 6100 6100 6100 6100

Government Actual Q1 Q2 Q3 Q4 2023
Government Debt to GDP (% of GDP) 60.60 58 58 58 60 60
Government Budget (% of GDP) -6.20 -5 -5 -5 -5 -4.2
Government Budget Value (EUR Million) -7014.10 -913 -913 -913 -913 -913
Government Spending (EUR Billion) 3.85 5.01 3.79 4.26 4.04 5.29
Government Spending to GDP (% of GDP) 48.00 46.3 46.3 46.3 43.2 43.2

Taxes Actual Q1 Q2 Q3 Q4 2023
Corporate Tax Rate (%) 21.00 21 21 21 21 21
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 20.00 20 20 20 20 20
Social Security Rate (%) 48.60 48.6 48.6 48.6 48.6 48.6
Social Security Rate For Companies (%) 35.20 35.2 35.2 35.2 35.2 35.2
Social Security Rate For Employees (%) 13.40 13.4 13.4 13.4 13.4 13.4

Business Actual Q1 Q2 Q3 Q4 2023
Business Confidence (points) -3.30 -9 -0.5 -0.5 0.5 0.5
Industrial Production (%) 4.30 5.5 5.5 5.5 2.2 2.2

Consumer Actual Q1 Q2 Q3 Q4 2023
Consumer Confidence (points) -25.90 -11 -7 -6 -5 -2
Retail Sales MoM (%) -0.70 0.5 0.5 0.5 0.3 0.3
Retail Sales YoY (%) 3.90 2.5 2.3 2.3 2.7 2.7
Consumer Spending (EUR Billion) 12.83 12.79 11.95 12.98 13.48 13.5
Disposable Personal Income (EUR Million) 14938.00 16670 14626 15736 15685 17587
Consumer Credit (EUR Million) 5717.00 6177 6068 6022 6031 6363
Bank Lending Rate (%) 2.24 2.24 2.24 2.24 2.34 2.34
Gasoline Prices (USD/Liter) 1.70 1.62 1.53 1.46 1.38 1.31

Housing Actual Q1 Q2 Q3 Q4 2023
Construction Output (%) 1.00 1.9 1.9 1.9 1.9 1.9


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Slovakia Forecast - was last updated on Friday, January 21, 2022.