Markets Actual Q3 Q4 Q1 Q2 2023
Currency 1.04 1.03 1.02 1.01 1.01 0.99
Stock Market (points) 370.07 354 346 338 338 324
Government Bond 10y (%) 2.28 2.95 3.25 3.57 3.57 4.32

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Growth Rate (%) 0.40 1.2 1.3 1 0.7 0.4
GDP Annual Growth Rate (%) 3.10 1.8 3 3.5 4.5 2.5
Unemployment Rate (%) 6.40 6.6 6.5 6.4 6.4 5.7
Inflation Rate (%) 12.60 9.8 8.4 7.2 6.2 5
Inflation Rate Mom (%) 1.60 0.4 0.05 -0.1 -0.1 0.02
Interest Rate (%) 0.00 0.75 1.25 1.5 1.75 1.75
Balance of Trade (EUR Million) -503.00 -150 -150 -150 -150 -150
Current Account (EUR Million) -788.40 -600 -650 -700 -700 -400
Current Account to GDP (% of GDP) -0.40 -2.1 -2.1 -2.5 -2.5 -2.5
Government Debt to GDP (% of GDP) 63.10 63 63 60 60 60
Government Budget (% of GDP) -6.20 -3.7 -3.7 -2.8 -2.8 -2.8
Business Confidence (points) -1.30 -6 -4 -1 -1 0.5
Consumer Confidence (points) -27.80 -20 -18 -12 -12 -12
Retail Sales MoM (%) -1.50 -1.5 0.3 0.3 0.3 0.3
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 2023
GDP Growth Rate (%) 0.40 1.2 1.3 1 0.7 0.4
GDP Annual Growth Rate (%) 3.10 1.8 3 3.5 4.5 2.5
GDP (USD Billion) 104.57 104 107 107 107 107
GDP Constant Prices (EUR Million) 20.64 22.15 23.5 23.59 21.36 24.18
Gross Fixed Capital Formation (EUR Billion) 3.55 4.15 4.61 5.46 3.67 5.6
GDP per capita (USD) 17251.65 20500 21100 21100 21100 21100
GDP per capita PPP (USD) 30330.04 32800 33300 33300 33300 33300
Full Year GDP Growth (%) 3.00 4.8 4.8 5 5 5
GDP From Agriculture (EUR Billion) 0.29 0.41 0.59 0.32 0.29 0.32
GDP From Construction (EUR Million) 513.00 1099 1284 1683 531 1725
GDP From Manufacturing (EUR Million) 4754.00 4582 4152 4404 4920 4514
GDP From Public Administration (EUR Billion) 2.88 2.91 3.26 3.28 2.98 3.36
GDP From Services (EUR Million) 3842.00 3937 4512 3603 3976 3693

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 6.40 6.6 6.5 6.4 6.4 5.7
Labour Costs (points) 143.79 135 127 147 148 152
Wages (EUR/Month) 1333.00 1308 1289 1432 1382 1475
Wages in Manufacturing (EUR/Month) 1316.00 1292 1271 1412 1355 1454
Minimum Wages (EUR/Month) 646.00 670 670 670 670 740
Population (Million) 5.46 5.48 5.49 5.49 5.49 5.49
Retirement Age Women 62.67 62.83 62.83 62.83 62.83 62.83
Retirement Age Men 62.67 62.83 62.83 62.83 62.83 62.83
Wage Growth (%) -1.40 3 3 3 3 3

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 12.60 9.8 8.4 7.2 6.2 5
Inflation Rate Mom (%) 1.60 0.4 0.05 -0.1 -0.1 0.02
Consumer Price Index CPI (points) 203.50 204 203 203 212 213
Harmonised Consumer Prices (points) 123.82 125 124 124 129 130
Core Consumer Prices (points) 146.70 135 136 138 144 139
Core Inflation Rate (%) 12.10 1.6 1.4 1.4 1.4 1
Producer Prices (points) 145.10 159 145 156 157 151
Producer Prices Change (%) 48.70 35 18 12 8 4
Food Inflation (%) 16.00 0.9 1.4 1.4 1.4 1.4
CPI Housing Utilities (points) 295.20 289 288 289 309 304
CPI Transportation (points) 161.20 163 163 163 163 163

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 0.00 0.75 1.25 1.5 1.75 1.75

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (EUR Million) -503.00 -150 -150 -150 -150 -150
Current Account (EUR Million) -788.40 -600 -650 -700 -700 -400
Current Account to GDP (% of GDP) -0.40 -2.1 -2.1 -2.5 -2.5 -2.5
Imports (EUR Million) 8186.00 6250 6250 6250 6250 6250
Exports (EUR Million) 7683.00 6100 6100 6100 6100 6100

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 63.10 63 63 60 60 60
Government Budget (% of GDP) -6.20 -3.7 -3.7 -2.8 -2.8 -2.8
Government Budget Value (EUR Million) -1545.10 -913 -913 -913 -913 -913
Government Spending (EUR Billion) 3.56 4.08 3.92 5.11 3.68 5.24
Government Spending to GDP (% of GDP) 48.00 46.3 43.2 43.2 43.2 43.2

Taxes Actual Q3 Q4 Q1 Q2 2023
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 2023
Business Confidence (points) -1.30 -6 -4 -1 -1 0.5
Industrial Production (%) -9.60 5.5 2.2 2.2 2.2 2.2

Consumer Actual Q3 Q4 Q1 Q2 2023
Consumer Confidence (points) -27.80 -20 -18 -12 -12 -12
Retail Sales MoM (%) -1.50 -1.5 0.3 0.3 0.3 0.3
Retail Sales YoY (%) 9.50 2.3 2.7 2.7 2.7 2.7
Consumer Spending (EUR Billion) 12.30 12.41 13.07 13.17 12.73 13.5
Disposable Personal Income (EUR Million) 15459.00 15049 15207 17020 16000 17445
Gasoline Prices (USD/Liter) 2.01 2.14 2.22 2.3 2.3 2.3
Consumer Credit (EUR Million) 5797.00 5838 5852 5969 6058 5999
Bank Lending Rate (%) 2.76 2.76 3.51 4.01 4.26 4.26

Housing Actual Q3 Q4 Q1 Q2 2023
Construction Output (%) -2.70 1.9 1.9 1.9 1.9 1.9


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Slovakia Forecast - was last updated on Saturday, July 2, 2022.