Markets Actual Q3 Q4 Q1 Q2 2020
Currency 1.11 1.1 1.1 1.09 1.09 1.08
Stock Market (points) 343.69 338 334 330 326 318
Government Bond 10y (%) -0.34 0.01 0.01 0.02 0.03 0.03
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.40 0.9 0.9 0.8 0.7 0.8
GDP Annual Growth Rate (%) 1.90 3.3 3.4 3.4 3.5 3.4
Unemployment Rate (%) 5.00 4.6 4.5 5.1 4.6 4.6
Inflation Rate (%) 2.90 2.8 2.8 2.3 2.2 2.2
Inflation Rate Mom (%) 0.10 0.1 0.1 0.4 0.1 0.2
Interest Rate (%) 0.00 0 0 0 0 0
Balance of Trade (EUR Million) 204.00 550 -150 600 430 -50
Current Account (EUR Million) -364.40 -20 -480 -480 -480 -250
Current Account to GDP (%) -2.50 -0.9 -0.9 -0.5 -0.5 -0.5
Government Debt to GDP (%) 48.90 47 47 46 46 46
Government Budget (% of GDP) -0.70 -0.2 -0.2 -0.4 -0.4 -0.4
Business Confidence (Index Points) -12.30 -8 -7 -6 -6 -8
Consumer Confidence (Index Points) -4.10 -7.5 -8 -9 -9 -10
Retail Sales MoM (%) 1.60 0.29 0.5 0.5 0.5 0.4
Corporate Tax Rate (%) 21.00 21 21 21 21 21
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.40 0.9 0.9 0.8 0.7 0.8
GDP Annual Growth Rate (%) 1.90 3.3 3.4 3.4 3.5 3.4
GDP (USD Billion) 106.47 111 111 115 115 115
GDP Constant Prices (EUR Million) 20.07 23.06 22.71 20.75 20.77 23.48
Gross Fixed Capital Formation (EUR Billion) 3.91 4.98 5.61 4.04 4.05 5.81
GDP per capita (USD) 20669.90 21000 21000 21500 21500 21500
GDP per capita PPP (USD) 31326.30 31600 31600 31750 31750 31750
GDP From Agriculture (EUR Billion) 0.54 1.14 0.54 0.56 0.56 0.56
GDP From Construction (EUR Million) 887.00 2170 2185 917 918 2259
GDP From Manufacturing (EUR Million) 5264.00 5134 5331 5443 5448 5513
GDP From Public Administration (EUR Billion) 2.42 2.59 2.72 2.5 2.5 2.82
GDP From Services (EUR Million) 3382.00 4032 3383 3497 3500 3498
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 5.00 4.6 4.5 5.1 4.6 4.6
Wages (EUR/Month) 1125.00 1111 1204 1163 1163 1244
Wages in Manufacturing (EUR/Month) 1111.00 1098 1185 1148 1148 1224
Minimum Wages (EUR/Month) 520.00 520 520 560 560 560
Retirement Age Women 62.42 62.42 62.67 63 63 63
Retirement Age Men 62.42 62.42 62.67 63 63 63
Living Wage Family (EUR/Month) 640.00 658 663 663 663 685
Wage Growth (%) 4.60 3.6 3.6 3.6 3.6 3.3
Wages Low Skilled (EUR/Month) 678.00 562 702 702 702 726
Wages High Skilled (EUR/Month) 1250.00 979 1295 1295 1295 1338
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 2.90 2.8 2.8 2.3 2.2 2.2
Inflation Rate Mom (%) 0.10 0.1 0.1 0.4 0.1 0.2
Consumer Price Index CPI (Index Points) 173.80 174 174 176 177 178
Core Consumer Prices (Index Points) 125.30 125 125 126 128 127
Core Inflation Rate (%) 2.50 2.1 2.2 2.2 2.2 2
Producer Prices (Index Points) 109.60 112 111 114 114 116
Producer Prices Change (%) 4.20 3.7 3.9 3.9 3 3.6
CPI Housing Utilities (Index Points) 248.50 247 250 254 254 255
CPI Transportation (Index Points) 129.30 136 128 132 131 131
Food Inflation (%) 4.70 4.4 4 4 4 4.8
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 0.00 0 0 0 0 0
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (EUR Million) 204.00 550 -150 600 430 -50
Current Account (EUR Million) -364.40 -20 -480 -480 -480 -250
Current Account to GDP (%) -2.50 -0.9 -0.9 -0.5 -0.5 -0.5
Imports (EUR Million) 6284.00 6690 6050 6690 6890 6150
Exports (EUR Million) 6488.00 7240 5900 7290 7320 6100
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 48.90 47 47 46 46 46
Government Budget (% of GDP) -0.70 -0.2 -0.2 -0.4 -0.4 -0.4
Government Spending (EUR Billion) 3.47 3.79 4.6 3.58 3.59 4.76
Government Spending to GDP (%) 40.60 40.5 40.5 40.3 40.3 40.3
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 21.00 21 21 21 21 21
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 20.00 20 20 20 20 20
Social Security Rate (%) 48.60 48.6 48.6 48.6 48.6 48.6
Social Security Rate For Companies (%) 35.20 35.2 35.2 35.2 35.2 35.2
Social Security Rate For Employees (%) 13.40 13.4 13.4 13.4 13.4 13.4
Business Actual Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) -12.30 -8 -7 -6 -6 -8
Industrial Production (%) -2.10 1.8 1.7 1.7 1.7 1.6
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Confidence (Index Points) -4.10 -7.5 -8 -9 -9 -10
Retail Sales MoM (%) 1.60 0.29 0.5 0.5 0.5 0.4
Retail Sales YoY (%) -0.40 3.5 3.7 3.7 3.7 3.1
Consumer Spending (EUR Billion) 10.51 11.25 11.36 10.87 10.88 11.74
Bank Lending Rate (%) 2.75 2.87 2.87 2.87 2.87 2.87
Gasoline Prices (USD/Liter) 1.51 1.47 1.43 1.4 1.36 1.36
Housing Actual Q3 Q4 Q1 Q2 2020
Construction Output (%) -3.70 4.4 2.4 2.4 2.4 2.2


This page has economic forecasts for Slovakia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Slovakia economy.