Retail Sales in Slovakia
In Slovakia, the average retail sales growth was 2.0% in the decade to 2022, higher than the Euro Area average of 1.6%. In 2022, the retail sales growth was notable at 4.2%.
Slovakia Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Slovakia from 2014 to 2024.
Source: Macrobond.
Slovakia Retail Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | 1.5 | 2.1 | 5.6 | -5.4 | 4.5 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Slovak retail projections for the next ten years from a panel of 5 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 retail forecast available for Slovak retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Slovak retail projections.
Want to get access to the full dataset of Slovak retail forecasts? Send an email to info@focus-economics.com.