Slovakia Q3 GDP Growth Beats Forecasts

Slovakia’s economy expanded by 1% year-on-year in the fourth quarter of 2025, accelerating from a 0.9% rise in the previous quarter and exceeding market expectations of 0.8%, according to preliminary estimates. This marked the strongest annual growth since the fourth quarter of 2024, supported primarily by significant growth in investment activity, particularly in the general government sector, along with a positive contribution from net foreign trade. On a seasonally adjusted quarterly basis, the economy grew by 0.2%, moderating from a 0.3% increase in the third quarter.

Slovakia’s economy expanded by 0.9% year-on-year in the third quarter of 2025, matching initial estimates and up from a 0.6% increase in the previous quarter. This was the fastest pace since the fourth quarter of 2024, supported by solid gains in manufacturing (2.7%), industry (2.1%), financial and insurance activities (1.5%), and information and communication (2%). On the expenditure side, gross fixed capital formation rose (4.5% vs 3.9%), while consumer spending (0.4% vs 2%) and government spending (1.6% vs 1.9%) both declined. At the same time, net trade contributed negatively to the GDP, as exports slowed to 1.3% from 3.8% in the previous quarter, and imports moderated to 0.2% from 2.8%. On a seasonally adjusted quarterly basis, the economy grew 0.3% in Q3, in line with initial estimates of 0.3% in the prior period.

Slovakia’s economy expanded 0.9% year-on-year in the third quarter of 2025, surpassing market expectations of 0.7% and following a downwardly revised 0.5% growth in the previous three-month period, preliminary estimates showed. This marked the highest growth rate this year, mainly supported by a favorable foreign trade balance, along with stronger domestic demand, particularly as investment activity increased. On a seasonally adjusted quarterly basis, the economy advanced 0.3%, following a 0.2% growth in the previous quarter.