Global news and insight for corporate financial professionals
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Slovak Republic economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Slovak Republic best banks and safest banks are also available.
Unemployment is simple enough to understand: it is an economic condition in which individuals seeking jobs remain un-hired. Yet measuring how many people are unemployed at any given moment in any given country is rather complex.
USD 5.2 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
USD 106.6 billion (2018, estimate)
IMF - World Economic Outlook, October 2019
Intl$ 191.2 billion (2018, estimate)
| 2014 | 2015 | 2016 | 2017* | 2018* |
| 2.8% | 4.2% | 3.1% | 3.2% | 4.1% |
*Estimate
2006 2007 2008 2009 2010 2011 2012 8.5% 10.8% 5.7% -5.5% 5.1% 2.8% 1.5% 2013 2014 2015 2016* 2017* 1.4% 2.5% 3.6% 3.4% 3.3%
*Estimate
(2016 estimate)
0.9% (2017)
| 2014 | 2015 | 2016 | 2017* | 2018* |
| -0.3% | -0.5% | 1.4% | 2.5% | 2.6% |
*Estimate
| 2014 | 2015 | 2016 | 2017* | 2018* |
| 11.5% | 9.7% | 8.1% | 6.0% | 6.6% |
*Estimate
| 2014 | 2015 | 2016 | 2017* | 2018* |
| 52.2% | 51.8% | 51.0% | 48.9% | 48.4% |
*Estimate
| 2014 | 2015 | 2016 | 2017* | 2018* |
| -2.6% | -2.2% | -0.8% | -0.7% | -0.8% |
*Estimate
Standard & Poor's: A+
Moody's: A2
Standard & Poor's / Moody's (Updated January 2017)
-0.6% (2017 estimate)
93.5% (2015)
0.5% (2015)
0.2% (2015)
Vehicles and related parts 27%, machinery and electrical equipment 20%, nuclear reactors and furnaces 12%, iron and steel 4%, mineral oils and fuels 5% (2015 estimate)
Machinery and electrical equipment 20%, vehicles and related parts 14%, nuclear reactors and furnaces 12%, fuel and mineral oils 9% (2015 estimate)
Germany 22.7%, Czech Republic 12.5%, Poland 8.5%, Austria 5.7%, Hungary 5.7%, France 5.6%, UK 5.5%, Italy 4.5% (2015)
Germany 19.4%, Czech Republic 17.4%, Austria 9.1%, Hungary 6.3%, Poland 6.3%, South Korea 5.5%, Russia 5.2%, China 4.1% (2015)
| 2016 | 2017 | 2018 |
| USD 951.3 billion | USD 1,231.0 billion | USD 865.3 billion |
| 2016 | 2017 | 2018 |
| USD 951.3 billion | USD 1,231.0 billion | USD 865.3 billion |
| 2016 | 2017 | 2018 |
| USD 951.3 billion | USD 1,231.0 billion | USD 865.3 billion |
N/A
(for a monthly update on M&A; click here )
N/A
(for a monthly update on M&A; click here )
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 33 out of 190 countries (2017)
Subcategories:
Starting a business: 68 out of 190 countries
Enforcing Contracts: 82 out of 190 countries
Registering Property: 7 out of 190 countries
Getting Credit: 44 out of 190 countries
Protecting Minority Investors: 87 out of 190 countries
Trading Across Borders: 1 out of 190 countries
Paying Taxes: 56 out of 190 countries
Dealing with Construction Permits: 103 out of 190 countries
Getting Electricity: 53 out of 190 countries
Resolving Insolvency: 35 out of 190 countries
65 out of 138 countries
(2016-2017)
Ranking: 56 / Score: 66.55 (Moderately free) (2016)
(100=totally free 0=totally repressed)
Slovak (official) 78.6%, Hungarian 9.4%, Roma 2.3%, Ruthenian 1%, other or unspecified 8.8% (2011 est.)
Roman Catholic 62%, Protestant 8.2%, Greek Catholic 3.8%, other or unspecified 12.5%, none 13.4% (2011 est.)
| 1990 | 2000 | 2010 | 2015 | 2020* |
| N/A | 5.4 million | 5.39 million | 5.42 million | 5.46 million |
*Estimate
| 1960 | 1980 | 2000 | 2018 |
| 33.5% | 51.6% | 56.2% | 53.7% |
1% (last available estimate, 2015)
26.5 (last available estimate, 2015)
(0=perfect equality, 100=absolute inequality)
Political Rights: 1
Civil Liberties: 1 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 13.3% Mobile: 132.8% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)