
Small Is Beautiful
Encouraged by government stimulus programs, banks are finding new ways to finance SMEs. Once the economy recovers, will the surge of interest recede?
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.
FRONTIER MARKETS REPORT | SLOVAKIA
Slovakia has moved resolutely to compete with other former Soviet-bloc nations for foreign direct investment.
USD 1.8 billion (2016)
International Monetary Fund (IMF), data retrieved January 2017
USD 94.8 billion (2017, estimate)
Intl$ 178.4 billion (2017, 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
USD 17,475.7 (2017, estimate)
1980 | 1990 | 2000 | 2010 | 2017* |
N/A | N/A | 0.14% | 0.15% | 0.1% |
*Estimate
(2016 estimate)
0.9% (2014)
OECD, data retrieved January 2017
2013 | 2014 | 2015 | 2016* | 2017* |
1.5% | -0.1% | -0.3% | -0.2% | 1.1% |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
14.2% | 13.2% | 11.5% | 9.9% | 8.8% |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
55% | 53.9% | 52.9% | 52.8% | 53% |
*Estimate
2013 | 2014 | 2015 | 2016* | 2017* |
-2.7% | -2.7% | -3% | -2.3% | -2.2% |
*Estimate
Standard & Poor's: A+
Moody's: A2
Standard & Poor's / Moody's (Updated January 2017)
2013 | 2014 | 2015 |
USD 4.8 billion | N/A | N/A |
-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)
2013 | 2014 | 2015 |
USD -604 million | USD -331 million | USD 803 million |
2013 | 2014 | 2015 |
USD -313 million | USD -123 million | USD -183 million |
2012 | 2013 | 2014 | 2015 |
USD -29.6 million | N/A | USD -14.0 million | N/A |
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.)
Slovak (official) 78.6%, Hungarian 9.4%, Roma 2.3%, Ruthenian 1%, other or unspecified 8.8% (2011 est.)
1990 | 2000 | 2010 | 2016* | 2021* |
N/A | 5.377 million | 5.422 million | 5.422 million | 5.425 million |
*Estimate
1960 | 1980 | 2000 | 2015 |
34% | 52% | 56% | 54% |
0.2% (2012)
26.1 (2012)
(0=perfect equality, 100=absolute inequality)
Political Rights: 1
Civil Liberties: 1 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 15.88% Mobile 122.31% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)