Slovakia's current account deficit widened to EUR 364.4 million in June 2019 from EUR 276.7 million in the same month last year, as the primary income gap increased to EUR 230 million from EUR 205.2 million while the goods surplus fell sharply to EUR 33 million from EUR 218.7 million. Meanwhile, the secondary income deficit declined to EUR 289.6 million from EUR 372.7 million a year ago and the services surplus rose to EUR 122.3 million from EUR 82.5 million. Current Account in Slovakia averaged -177.77 EUR Million from 1997 until 2019, 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.

Current Account in Slovakia is expected to be -20.00 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 -480.00 in 12 months time. In the long-term, the Slovakia Current Account is projected to trend around -250.00 EUR Million in 2020, according to our econometric models.

Slovakia Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-28 11:00 AM Current Account Mar €-43.7M €-111M € 400M
2019-06-19 11:00 AM Current Account Apr €-336.5M €-39.7M € -100M
2019-07-19 11:00 AM Current Account May €-127M €-311.1M € -50M
2019-08-19 11:00 AM Current Account Jun €-364.4M €-27.1M € -250M
2019-09-19 11:00 AM Current Account Jul €-364.4M €-320M
2019-10-18 11:00 AM Current Account Aug
2019-11-19 12:00 PM Current Account Sep € -20M


Slovakia Trade Last Previous Highest Lowest Unit
Balance of Trade -110.60 284.70 609.00 -865.00 EUR Million [+]
Current Account -364.40 -27.10 431.50 -1470.00 EUR Million [+]
Current Account to GDP -2.50 -2.00 4.30 -10.60 percent [+]
Imports 5971.00 6204.50 7609.00 287.00 EUR Million [+]
Exports 5860.50 6489.20 7759.00 312.00 EUR Million [+]
External Debt 100.40 102.23 102.91 35.63 EUR Billion [+]
Terms of Trade 99.97 100.05 127.54 75.55 Index Points [+]
Capital Flows 851.60 -404.60 3824.10 -3006.10 EUR Million [+]
Foreign Direct Investment 330.40 -102.30 2101.80 -1435.60 EUR Million [+]
Gold Reserves 31.69 31.70 40.12 31.69 Tonnes [+]
Terrorism Index 0.12 0.23 0.50 0.00 [+]
Weapons Sales 12.00 22.00 173.00 1.00 USD Million [+]
Crude Oil Production 0.20 0.20 1.60 0.20 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). This page provides - Slovakia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Current Account - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-364.40 -27.10 431.50 -1470.00 1997 - 2019 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -3849.43 Mar/19
Australia 5853.00 Jun/19
Brazil -9034.90 Jul/19
Canada -6380.00 Jun/19
China 570.00 Jun/19
Euro Area 23.09 Jun/19
France 173.00 Jul/19
Germany 22100.00 Jul/19
India -4600.00 Mar/19
Indonesia -8442.80 Jun/19
Italy 5046.60 Jun/19
Japan 1999.92 Jul/19
Mexico 5142.70 Jun/19
Netherlands 18079.00 Mar/19
Russia 12100.00 Jun/19
Saudi Arabia 11518.00 Mar/19
Singapore 21497.50 Jun/19
South Africa -204100.00 Jun/19
South Korea 6949.40 Jul/19
Spain 2050.00 Jun/19
Switzerland 17215.95 Mar/19
Turkey 1158.00 Jul/19
United Kingdom -30045.00 Mar/19
United States -130400.00 Mar/19


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