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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Slovakia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-101.20 -666.90 431.50 -1470.00 1997 - 2020 EUR Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-20 11:00 AM Feb €-266M €-328M € 105M
2020-05-22 11:00 AM Mar €-631M €-262.6M € -150M
2020-06-19 11:00 AM Apr €-789M €-671M € -380M
2020-07-20 11:00 AM May €-101.2M €-666.9M € -20M
2020-08-19 11:00 AM Jun €-101.2M € -400M
2020-09-18 09:30 AM Jul
2020-10-19 10:25 AM Aug
2020-11-19 12:00 PM Sep € -100M


News Stream
Slovak Current Account Gap Widens in May
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.
2020-07-20
Slovakia Current Account Gap Widens Sharply in April
Slovakia's current account deficit rose to EUR 788.9 million in April of 2020 from EUR 298.7 million in the same month a year earlier. The goods shortfall widened to EUR 552.1 million from EUR 232 million in April of 2019 and the secondary income account recorded a EUR 106.4 million gap, switching from a EUR 13.9 million surplus. Also, the services surplus narrowed to EUR 15.7 million from EUR 125.2 million while the primary income gap fell to EUR 146.1 million from EUR 205.9 million.
2020-06-19
Slovak Current Account Gap Widens in March
Slovakia's current account deficit rose to EUR 631 million in March of 2020 from EUR 91.5 million in the same month a year earlier. The goods balance swung to a gap of EUR 440.5 million from a surplus of EUR 118.8 million in March of 2019 and the primary income shortfall widened to EUR 184.7 million from EUR 168.1 million. On the other hand, the services surplus advanced to EUR 78.6 million from EUR 57.6 million and the secondary income deficit narrowed to EUR 84.4 million from EUR 99.8 million.
2020-05-22
Slovak Current Account Balance Swings to Deficit
Slovakia's current account balance shifted to a deficit of EUR 266 million in February of 2020 compared to a surplus of EUR 111.2 million in the same month a year earlier. The goods balance swung to a gap of EUR 52.1 million from a surplus of EUR 133.1 million and the primary income account posted a EUR 148 million deficit, compared to a EUR 133.3 million surplus. On the other hand, the secondary income shortfall narrowed to EUR 128.7 million from EUR 213.6 million and the services surplus widened to EUR 62.9 million from EUR 58.5 million.
2020-04-20

Slovakia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).