Slovakia GDP Annual Growth Rate  1996-2017 | Data | Chart | Calendar

The Slovakian economy expanded 3.3 percent year-on-year in the second quarter of 2017, in line with the preliminary estimate and above 3.1 percent in the previous period. It is the fastest growth rate since in a year, mainly driven by household spending (3.6 percent compared to 3.4 percent in Q1). On the other hand, public expenditure shrank 0.1 percent (-0.7 percent in Q1) and gross fixed capital formation declined 6.7 percent (+0.9 percent in Q1). Exports rose a meager 0.2 percent (+8.6 percent in Q1) while imports declined 0.2 percent (+8.3 percent in Q1). On a quarterly basis, the economy advanced 0.8 percent. GDP Annual Growth Rate in Slovakia averaged 3.96 percent from 1996 until 2017, reaching an all time high of 13.50 percent in the fourth quarter of 2007 and a record low of -6 percent in the second quarter of 2009.

Slovakia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-07 07:00 AM GDP Growth Rate YoY Final 3.1% 3% 3.1% 3.1%
2017-08-16 07:00 AM GDP Growth Rate YoY Prel 3.3% 3.1% 3.1% 3.2%
2017-09-05 07:00 AM GDP Growth Rate YoY Final 3.3% 3.1% 3.3% 3.3%
2017-11-15 08:00 AM GDP Growth Rate YoY Prel 3.3% 3.2%
2017-12-06 08:00 AM GDP Growth Rate YoY Final 3.3% 3.2%


Slovakia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.80 9.00 -7.60 percent [+]
GDP Annual Growth Rate 3.30 3.10 13.50 -6.00 percent [+]
GDP 89.55 87.27 100.76 5.80 USD Billion [+]
GDP Constant Prices 20260.62 20087.98 20260.62 9847.00 EUR Million [+]
Gross Fixed Capital Formation 3.92 3.30 5.59 2.24 EUR Billion [+]
GDP per capita 19237.95 18642.89 19237.95 7675.59 USD [+]
GDP per capita PPP 29156.09 28254.26 29156.09 11632.75 USD [+]
GDP From Agriculture 0.61 0.51 1.22 0.20 EUR Billion [+]
GDP From Construction 1176.00 673.00 2162.00 600.00 EUR Million [+]
GDP From Manufacturing 5215.00 4883.00 5215.00 1019.00 EUR Million [+]
GDP From Public Administration 2.13 1.98 2.67 1.35 EUR Billion [+]
GDP From Services 3804.00 3449.00 3867.00 1820.00 EUR Million [+]


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. This page provides - Slovakia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.10 13.50 -6.00 1996 - 2017 percent Quarterly
NSA




gdp annual growth rate by Country

Last
China 6.90 Jun/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
United Kingdom 1.70 Jun/17
Italy 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17