Current Account in Slovakia

Slovakia Current Account | Economic News & Forecasts

Slovakia - Current Account

Growth marginally picked up in the first quarter, on the back of buoyant external sector. Domestically, lackluster expenditure weighed on growth, however: Household spending growth fell to an almost five-year low, amid higher inflation and downbeat consumer sentiment, while fixed investment lost stride owing to completed projects in the auto sector. Turning to Q2, tailwinds to growth appear to have softened. In April, a tepid rebound in retail sales and lingering pessimism among households hints that consumption remained frail, while slower construction activity points to cooling capital investment. On the supply-side, industrial production posted solid gains in April, although a downward trend in new orders since the start of the year could take its toll ahead. Meanwhile, the trade balance posted the first deficit of the year in April amid surprisingly slow merchandise export growth.

Slovakia - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)1.9  1.0  -1.7  -2.1  -2.1  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Slovakia Current Account Chart

Slovakia Current Account
Note: Current account balance as % of GDP.
Source: Bank of Slovakia.

Slovakia Facts

Bond Yield0.0-4.12 %Jul 11
Exchange Rate1.130.65 %Jul 11
Stock Market3430.0 %Jul 11

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form