Industrial Production in Slovakia
The Slovak economy recorded an average industrial production growth rate of 0.3% in the decade to 2024. In 2024, industrial production growth was 0.1%. For more industry information, visit our dedicated page.
Slovakia Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Slovakia from 2014 to 2025.
Source: Macrobond.
Slovakia Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 11.2 | -4.4 | 4.0 | 0.0 | -3.0 |
Industrial production shrinks more slowly in March
Latest reading: Industrial production was down 1.0% in annual terms in March, following a 2.9% fall in the prior month. Relative to the previous month's figures, readings in March improved for manufacturing (-1.6% on a year-on-year basis vs -3.0% in February), mining and quarrying (-6.2% vs -7.0% in February) and electricity, gas, steam and air conditioning supply (+5.7% vs -1.9% in February).
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Slovak industry projections for the next ten years from a panel of 10 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Slovak industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Slovak industry projections.
Want to get access to the full dataset of Slovak industry forecasts? Send an email to info@focus-economics.com.
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