Slovakia GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

0.4

Units In

0.9

Frequency

Quarterly

Next Release

Dec 05, 2025

Time to Release

2 Months 28 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
13.6 Dec 2007	-10.9 Jun 2020	3.27 %	1996-2025	Statistical Office of the Slovak Republic

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.

Latest Updates

Slovakia’s economy grew by 0.6% year-on-year in the second quarter of 2025, revising higher from initial estimates of 0.4%, but slowing from 0.9% in the previous quarter. This marks the weakest pace since Q1 2023, as contractions in real estate (-4.5%), construction (-1.8%), and information and communication (-1.1%) weighed on overall performance. On the expenditure side, domestic consumption supported growth, with household spending accelerating (2% vs 0.5% in Q1) and public sector consumption rising 2.2%. Investment activity also recovered, as gross fixed capital formation increased 4.2% for the first time in a year, while net exports contributed positively, with exports up 3% and imports 2.9%, bringing the trade balance into surplus for the first time in a year. On a seasonally adjusted quarterly basis, the economy grew 0.2%, revising higher from initial estimates of a 0.1% expansion, matching the same pace as in the prior period.