Slovakia’s economy grew by 0.9% year-on-year in the first quarter of 2026, matching initial estimates and easing from a one-year high of 1.0% in the previous quarter. Industry (-0.7%) exerted the largest drag on growth, mainly due to weaker manufacturing output in electrical equipment, coke and refined petroleum products, and rubber and plastic products. Contractions in financial and insurance activities (-7.3%) and arts, entertainment and recreation (-1.9%) also weighed on the economy. On the expenditure side, growth was supported by a rebound in household consumption (1.1% vs -1.2%), while government spending fell (-0.4% vs 0.3%). Gross fixed capital formation declined 6.4%, while net exports contributed positively as exports (-0.1%) fell less than imports (-1.3%), shifting the trade balance into surplus from a deficit in the previous quarter. On a seasonally adjusted quarterly basis, the economy expanded 0.2%, matching the pace recorded in the previous quarter. source: Statistical Office of the Slovak Republic

The Gross Domestic Product (GDP) in Slovakia expanded 0.90 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Slovakia averaged 3.28 percent from 1996 until 2026, reaching an all time high of 13.60 percent in the fourth quarter of 2007 and a record low of -8.90 percent in the second quarter of 2020. This page provides - Slovakia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

The Gross Domestic Product (GDP) in Slovakia expanded 0.90 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Slovakia is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia GDP Annual Growth Rate is projected to trend around 1.40 percent in 2027 and 1.60 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-13 07:00 AM
YoY Prel
Q1 0.9% 1% 0.9% 1.1%
2026-06-05 07:00 AM
YoY Final
Q1 0.9% 1% 0.9% 0.9%
2026-08-14 07:00 AM
YoY Prel
Q2 0.9% 0.8%


Related Last Previous Unit Reference
Full Year GDP Growth 0.80 1.90 percent Dec 2025
GDP Growth Rate YoY 0.90 1.00 percent Mar 2026
GDP Constant Prices 24.35 27.32 EUR Billion Mar 2026
GDP from Agriculture 0.25 0.27 EUR Billion Mar 2026
GDP from Construction 0.89 2.49 EUR Billion Mar 2026
GDP from Manufacturing 4.30 3.97 EUR Billion Mar 2026
GDP from Public Administration 3.89 4.09 EUR Billion Mar 2026
GDP from Services 4.79 4.52 EUR Million Mar 2026
GDP Growth Rate 0.20 0.20 percent Mar 2026
Gross Fixed Capital Formation 3.85 6.88 EUR Billion Mar 2026


Slovakia GDP Annual Growth Rate
In Slovakia, the most important industries are engineering, chemical, electrotechnical engineering, wood-processing and food industry. On the expenditure side, household consumption is the main component of GDP and accounts for 57 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (19 percent). Exports of goods and services account for 92 percent of GDP while imports account for 88 percent, adding 4 percent of total GDP.
Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.00 13.60 -8.90 1996 - 2026 percent Quarterly
NSA

News Stream
Slovakia GDP Growth Confirmed at 0.9%
Slovakia’s economy grew by 0.9% year-on-year in the first quarter of 2026, matching initial estimates and easing from a one-year high of 1.0% in the previous quarter. Industry (-0.7%) exerted the largest drag on growth, mainly due to weaker manufacturing output in electrical equipment, coke and refined petroleum products, and rubber and plastic products. Contractions in financial and insurance activities (-7.3%) and arts, entertainment and recreation (-1.9%) also weighed on the economy. On the expenditure side, growth was supported by a rebound in household consumption (1.1% vs -1.2%), while government spending fell (-0.4% vs 0.3%). Gross fixed capital formation declined 6.4%, while net exports contributed positively as exports (-0.1%) fell less than imports (-1.3%), shifting the trade balance into surplus from a deficit in the previous quarter. On a seasonally adjusted quarterly basis, the economy expanded 0.2%, matching the pace recorded in the previous quarter.
2026-06-05
Slovakia Q1 GDP Growth Matches Forecasts
Slovakia’s economy expanded 0.9% year-on-year in the first quarter of 2026, matching market expectations and easing slightly from a one-year high of 1.0% in the previous three-month period, preliminary estimates showed. Weaker investment activity weighed on overall expansion, although economic activity remained supported by strong household final consumption expenditure and a positive foreign trade balance. On a seasonally adjusted quarterly basis, the economy grew 0.2% in Q1 2026, maintaining the pace recorded in the previous quarter.
2026-05-13
Slovakia GDP Growth Confirmed at 1%
Slovakia’s economy grew by 1% year-on-year in the fourth quarter of 2025, matching initial estimates and following 0.9% in the previous quarter. This marked the sharpest expansion since Q4 2024, as growth in industry (0.8%) provided the largest support, primarily driven by higher output in the manufacture of metals, machinery and equipment, and textiles and leather. Growth was also recorded in information and communication (2.3%), public administration (0.4%), and professional, scientific and technical activities with administrative services (0.5%). On the expenditure side, public consumption (0.3%) grew modestly, while household spending (-1.2%) fell. Investment activity climbed 6.1%, while net exports contributed positively, with exports rising 3.6% and imports up 2.7%. On a seasonally adjusted quarterly basis, the economy grew 0.3%, revising higher from initial estimates of 0.2% and matching the pace in the prior period. For the full year 2025, the economy advanced 0.8%.
2026-03-06