Slovakia's current account deficit rose to EUR 101.2 million in May of 2020 from EUR 81.8 million in the same month a year earlier. The primary income gap widened to EUR 181.4 million from EUR 142.9 million in May of 2019 and the secondary income shortfall advanced to EUR 78.9 million from EUR 46.8 million. In addition, the services surplus narrowed to EUR 29.1 million from EUR 129.8 million. On the other hand, the goods account posted a surplus of EUR 130 million, swinging from a EUR 21.9 million gap.
Current Account in Slovakia averaged -187.14 EUR Million from 1997 until 2020, reaching an all time high of 431.50 EUR Million in February of 2013 and a record low of -1470 EUR Million in December of 2005. This page provides - Slovakia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.
Current Account in Slovakia is expected to be -100.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Slovakia to stand at -570.00 in 12 months time. In the long-term, the Slovakia Current Account is projected to trend around -590.00 EUR Million in 2021, according to our econometric models.