Slovakia current account deficit widened slightly to EUR 443.4 million in the last three months of 2018 from EUR 442.8 million a year earlier. The goods gap went up to EUR 293.5 million from EUR 255.2 million and the services surplus narrowed to EUR 13.9 million from EUR 45.7 million. On the other hand, the primary income gap fell to EUR 171.1 million from EUR 204.6 million and the secondary income account switched to a EUR 7.3 million surplus from a EUR 28.8 million deficit. Considering full 2018, the country recorded a EUR 2254.8 million current account deficit, much wider than a EUR 1689.8 million gap in 2017. Current Account in Slovakia averaged -179.71 EUR Million from 1997 until 2018, 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 400.00 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
2018-11-19 12:00 PM Current Account €111M €-506M € 15M
2018-12-18 01:30 PM Current Account €-204M €26M € 20M
2019-01-18 11:50 AM Current Account €-416.5M €-163.4M € -15M
2019-02-22 12:10 PM Current Account €-443.4M €-401.4M € -300M
2019-03-22 12:00 PM Current Account €-443.4M € -360M
2019-04-19 11:00 AM Current Account
2019-05-20 11:00 AM Current Account € 400M


Slovakia Trade Last Previous Highest Lowest Unit
Balance of Trade 175.00 -110.00 609.00 -865.00 EUR Million [+]
Current Account -443.40 -401.40 431.50 -1470.00 EUR Million [+]
Current Account to GDP -2.00 -2.20 4.30 -10.60 percent [+]
Imports 6578.00 5827.00 7609.00 287.00 EUR Million [+]
Exports 6753.00 5718.00 7759.00 312.00 EUR Million [+]
External Debt 102.91 99.96 102.91 35.63 EUR Billion [+]
Terms of Trade 99.99 101.30 127.54 75.55 Index Points [+]
Capital Flows 790.10 504.10 3824.10 -3006.10 EUR Million [+]
Foreign Direct Investment 1542.30 474.90 2101.80 -1023.20 EUR Million [+]
Gold Reserves 31.70 31.70 40.12 31.69 Tonnes [+]
Terrorism Index 0.12 0.23 0.50 0.00 [+]
Weapons Sales 22.00 18.00 173.00 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-443.40 -401.40 431.50 -1470.00 1997 - 2018 EUR Million Monthly
Current Prices, NSA




Country Last Previous
Argentina -7591.00 Sep/18
Australia -7203.00 Dec/18
Brazil -6548.40 Jan/19
Canada -15483.00 Dec/18
China 546.00 Dec/18
Euro Area 32.99 Dec/18
France 898.00 Jan/19
Germany 18328.50 Jan/19
India -19100.00 Sep/18
Indonesia -9148.00 Dec/18
Italy 4211.00 Dec/18
Japan 600.40 Jan/19
Mexico -3424.00 Dec/18
Netherlands 20484.80 Sep/18
Russia 38800.00 Dec/18
Saudi Arabia 29583.00 Sep/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 2772.30 Jan/19
Spain 4670.00 Dec/18
Switzerland 14596.00 Sep/18
Turkey -813.00 Jan/19
United Kingdom -26522.00 Sep/18
United States -124817.00 Sep/18


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