Slovakia’s current account deficit narrowed to EUR 186.3 million in December 2020, from EUR 251.3 million in the previous year. The goods balance switched to a EUR 23 million surplus from a EUR 159.3 million deficit in the previous year, while the primary income gap narrowed to EUR 146.6 million from EUR 220.7 million. On the other hand, the services surplus shrank to EUR 15.2 million from EUR 48.4 million, and the secondary income balance slipped to a EUR 77.9 million deficit from a EUR 80.3 million surplus. Considering full 2020, the current deficit narrowed to EUR 306.6 million, from EUR 2547.2 million in the previous year. source: National Bank of Slovakia
Current Account in Slovakia averaged -176.07 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 March of 2021.
Current Account in Slovakia is expected to be -570.00 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 -590.00 in 12 months time. In the long-term, the Slovakia Current Account is projected to trend around -590.00 EUR Million in 2022, according to our econometric models.