Slovakia: economy

What is the GDP growth rate in Slovakia?

Slovakia's GDP was 0.9% higher in the second quarter of 2026 than a year earlier, and 0.2% higher than in the first quarter, according to Eurostat's quarterly national accounts, which use data from the Statistical Office of the Slovak Republic. Growth on a year earlier was 0.9% in the first quarter of 2026 too, and between 0.7% and 0.9% in each quarter of 2025.

The figures are in real terms, adjusted for price changes and for seasonal and calendar effects. Quarter-on-quarter growth of 0.2% has been recorded in each of the last three quarters. First estimates are revised as more data comes in, and the Statistical Office publishes the national release on its own site.

Official sources: Eurostat: Quarterly GDP and main components (namq_10_gdp)

What is the inflation rate in Slovakia?

Consumer prices in Slovakia were 3.1% higher in September 2026 than a year earlier, measured by the harmonised index of consumer prices (HICP), according to Eurostat. The rate was 3.1% in August as well, down from 4.3% in January 2026 and 4.6% in September 2025. For the euro area, Eurostat shows 3.8% in September 2026.

The HICP is calculated the same way in every EU country, so it allows comparison with other member states. The Statistical Office of the Slovak Republic also publishes a national consumer price index, which covers a slightly different basket and can give a different rate. Energy prices rose much faster than food over the past year.

Official sources: Eurostat: HICP monthly rates of change (prc_hicp_minr)

What is the interest rate in Slovakia?

Slovakia uses the euro, so its policy rates are set by the European Central Bank. The ECB deposit facility rate has been 2.50% since 16 September 2026, the main refinancing rate 2.65% and the marginal lending rate 2.90%, according to the ECB's table of key interest rates. The rates were raised by 0.25 points in June 2026 and again in September.

The deposit facility rate is the one the ECB uses to steer policy. The National Bank of Slovakia is part of the Eurosystem, and its governor sits on the ECB Governing Council.

Official sources: ECB: Key ECB interest rates

What is Slovakia's GDP per capita?

Slovakia's GDP per person was EUR 25,060 in 2025 at current prices, up from EUR 23,850 in 2024, according to Eurostat's national accounts per capita. Measured in purchasing power standards, which adjust for price differences between countries, Slovakia's GDP per person was 75% of the EU average in 2024, according to Eurostat's price level and volume indices, up from 71% in 2022.

The purchasing power measure is the better guide for comparing living standards between countries, because prices in Slovakia are lower than the EU average. GDP per person measures output, not household income.

Official sources: Eurostat: GDP per capita (nama_10_pc) · Eurostat: Purchasing power parities (prc_ppp_ind)

What is Slovakia's economic growth rate?

The World Bank puts real GDP growth in Slovakia at 0.8% in 2025. The peak was 10.8% in 2007 and the low -5.5% in 2009. Across Europe & Central Asia the middle value was 2.1%, and Slovakia placed 41st highest of 49. World rank, highest first: 158th of 180.

What is Slovakia's GDP per person?

According to the World Bank, GDP per person in Slovakia was $28,544 in 2025. That is the highest since at least 2005. Europe & Central Asia median: $28,420; Slovakia is 24th highest of 49. Of 180 countries with 2025 data, 39th highest.

What is Slovakia's GDP per person adjusted for prices?

$49,309 in international dollars: that is GDP per person at purchasing power parity in Slovakia for 2025, according to the World Bank. That is the highest since at least 2005. Europe & Central Asia median: $50,946 in international dollars; Slovakia is 29th highest of 49. Of 179 countries with 2025 data, 44th highest.

How much does Slovakia export?

According to the World Bank, exports of goods and services in Slovakia was 85.1% of GDP in 2025. The peak was 99.1% of GDP in 2022 and the low 68.1% of GDP in 2009. Europe & Central Asia median: 47.7% of GDP; Slovakia is 4th highest of 46. Worldwide: 8th of 133.

Does Slovakia have a current account surplus or deficit?

In 2025, the current account balance in Slovakia was -3.6% of GDP, according to the IMF (a deficit). The peak was 2.9% of GDP in 2013 and the low -10.5% of GDP in 2005. It is 32nd highest of 47 in Europe & Central Asia, where the median is -0.3% of GDP. Of 132 countries with 2025 data, 91st highest.

What is FDI in Slovakia?

1.3% of GDP: that is net inflows of foreign direct investment in Slovakia for 2025, according to the IMF. The peak was 10.0% of GDP in 2006 and the low -1.1% of GDP in 2020. Across Europe & Central Asia the middle value was 1.9% of GDP, and Slovakia placed 30th highest of 49. Worldwide: 114th of 179.