Slovakia GDP Annual Growth Rate  1996-2018 | Data | Chart | Calendar

The Slovak economy advanced 4.2 percent year-on-year in the second quarter of 2018, compared to a preliminary estimate of 4.1 percent and above a 3.6 percent growth in the previous period. It was the fastest expansion since the fourth quarter of 2015. Fixed investment rose sharply (20.4 percent from 12.4 percent in Q1) and net external demand contributed positively to growth, as exports climbed 8.0 percent (from 2.4 percent in Q1) and imports advanced at a slower 7.8 percent (from 3.2 percent in Q1). Meanwhile, household consumption (2.2 percent from 3.5 percent) and government spending (2.5 percent from 3.1 percent) increased less. On a seasonally adjusted basis, the GDP expanded 1.1 percent, slightly above a preliminary figure of 1.0 percent and compared to a 1.0 percent advance in the first quarter of 2018. GDP Annual Growth Rate in Slovakia averaged 3.96 percent from 1996 until 2018, 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
2018-06-07 07:00 AM GDP Growth Rate YoY Final 3.6% 3.5% 3.6% 3.6%
2018-08-14 07:00 AM GDP Growth Rate YoY Prel 4.1% 3.6% 3.7% 3.7%
2018-09-07 07:00 AM GDP Growth Rate YoY Final 4.2% 3.6% 4.1% 4.1%
2018-11-14 08:00 AM GDP Growth Rate YoY Prel 4.2% 3.5%
2018-12-05 08:00 AM GDP Growth Rate YoY Final


Slovakia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 1.00 9.00 -7.60 percent [+]
GDP Annual Growth Rate 4.20 3.60 13.50 -6.00 percent [+]
GDP 95.77 89.77 100.95 5.80 USD Billion [+]
GDP Constant Prices 21.34 19.36 21.40 8.56 EUR Million [+]
Gross Fixed Capital Formation 5.00 3.92 5.75 2.24 EUR Billion [+]
GDP per capita 19897.15 19275.09 19897.15 7675.59 USD [+]
GDP per capita PPP 30155.15 29212.38 30155.15 11632.75 USD [+]
GDP From Agriculture 0.66 0.51 1.20 0.20 EUR Billion [+]
GDP From Construction 1284.00 797.00 2078.00 600.00 EUR Million [+]
GDP From Manufacturing 5501.00 5015.00 5501.00 1019.00 EUR Million [+]
GDP From Public Administration 2.39 2.25 2.67 1.35 EUR Billion [+]
GDP From Services 3755.00 3416.00 3884.00 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.20 3.60 13.50 -6.00 1996 - 2018 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
India 8.20 Jun/18
China 6.70 Jun/18
Indonesia 5.27 Jun/18
Turkey 5.20 Jun/18
Australia 3.40 Jun/18
Switzerland 3.40 Jun/18
Netherlands 3.10 Jun/18
United States 2.90 Jun/18
South Korea 2.80 Jun/18
Mexico 2.60 Jun/18
Singapore 2.60 Sep/18
Spain 2.50 Jun/18
Euro Area 2.10 Jun/18
Germany 2.00 Jun/18
Canada 1.90 Jun/18
Russia 1.90 Jun/18
France 1.70 Jun/18
Saudi Arabia 1.61 Jun/18
Italy 1.20 Jun/18
United Kingdom 1.20 Jun/18
Brazil 1.00 Jun/18
Japan 1.00 Jun/18
South Africa 0.40 Jun/18
Argentina -4.20 Jun/18


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