Slovakia GDP Annual Growth Rate

Last Release

Jun 30, 2025

Actual

0.4

Units In

0.9

Frequency

Quarterly

Next Release

Sep 05, 2025

Time to Release

21 Days 6 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 0.4% year-on-year in the second quarter or 2024, below market forecasts of a 1% expansion and easing from a 0.9% rise in the previous period, preliminary estimates showed. While this marked the ninth consecutive quarter of expansion, it was the slowest in the sequence, weighed down by weaker domestic demand, particularly household spending and investments. On a seasonally adjusted quarterly basis, GDP rose by 0.1% from 0.2% growth in the preceding period, the weakest pace since the third quarter of 2022.