Public Debt in Slovakia

Slovakia Public Debt | Economic News & Forecasts

Slovakia - Public Debt

GDP growth slowed considerably in Q3. The industrial and external sectors were both affected by ongoing supply constraints—in particular regarding semiconductors for the country’s hugely important auto industry—with growth in industrial production and exports averaging markedly lower compared to Q2. Private consumption likely remained more robust amid a lower Covid-19 case count and lower unemployment, but spending could have been dampened to an extent by rising price pressures. Heading into Q4, Covid-19 infections have surged amid a low vaccination rate, forcing fresh restrictions in October. Further curbs on unvaccinated citizens were implemented in November, likely denting activity further in the near term. On the flipside, the move should boost the country’s flagging vaccination rate and thus limit disruption from the virus further ahead.

Slovakia - Public Debt Data

2015   2016   2017   2018   2019  
Public Debt (% of GDP)51.9  52.0  51.3  49.4  48.0  

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Slovakia Facts

Value Change Date
Bond Yield0.13-4.12 %Dec 31
Exchange Rate1.120.65 %Dec 31

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