Slovakia Current Account Deficit Narrows Sharply

Slovakia's current account deficit narrowed to EUR 337.5 million in November 2025, from EUR 387.6 million in the same month of the previous year. The goods account recorded a surplus of EUR 73 million, shifting from a deficit of EUR 10.7 million in November 2024. At the same time, the services account surplus increased to EUR 28.3 million from EUR 11.7 million a year earlier. Meanwhile, the primary income deficit widened to EUR 350.5 million from EUR 341.9 million, and the secondary income shortfall rose to EUR 88.3 million from EUR 46.6 million.

Slovakia's current account deficit narrowed sharply to EUR 197.3 million in October 2025, from EUR 580.5 million in the same month of the previous year. The goods account recorded a surplus of EUR 179.5 million, shifting from a deficit of EUR 64.8 million in October 2024. Moreover, the services account surplus widened significantly to EUR 27.0 million from EUR 11.5 million a year earlier. The primary income deficit shrank notably to EUR 324.9 million from EUR 430.6 million, while the secondary income shortfall narrowed to EUR 78.9 million from EUR 96.6 million.

Slovakia recorded a current account surplus of EUR 106 million in September 2025, shifting from a EUR 567.3 million deficit in the same month a year earlier. This marked the country’s first current account surplus since August 2023, as the goods account swung to a EUR 388.7 million surplus from a EUR 126.8 million deficit in September 2024, while the services surplus nearly doubled to EUR 148.9 million from EUR 82.7 million. In addition, the primary income deficit narrowed to EUR 361.8 million from EUR 444.1 million, and the secondary income shortfall also decreased to EUR 69.7 million from EUR 79.1 million.