Macro-economic Data

Having successfully got over the recent financial crisis, Slovakia is now picking up on its excellent macroeconomic performance of the pre-2008 period, currently ranking among Europe’s leaders in economic growth.

Positive developments are also expected in the years to come, especially with the increasing international and domestic demand and the recent growth in the automotive industry.

Macroeconomic Data


2010 2011 2012 2013 2014 2015 2016 2017
GDP in billions (€) 65.91 68.97 71.10 72.13 74.66 76.52 79.20 81.18
Actual GDP growth in % 4.00 3.30 3.40 0.90 2.40 3.60 3.60 3.10
Inflation (HICP) in % 0.70 3.90 3.60 1.50 0.10 -0.30 1.60 1.20
Unemployment rate in % 12.50 13.20 14.00 14.20 13.10 10.60 12.20 7.35
Export in billions (€) 48.27 56.40 68.30 64.40 64.80 67.90 70.10

Source: National Bank of Slovakia: Expected economic development in 2017, Statistical Office of the Slovak Republic, euroekonom.sk

 

 

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Slovakias rating


Country Standard & Poor's Moody's Fitch
Slovakia A+ Stable A2 Stable A+ Stable
Hungary BBB- Stable Baa3 Stable BBB- Stable
Poland BBB+ Stable A2 Negative A- Stable
Czech Republic AA- Stable A1 Stable A1+ Stable

Source: KPMG, Investment in Slovakia 2017