Average economic size of farms by standard output, farm type and age in Slovakia
Slovakia: Average economic size of farms by standard output, farm type and age was 2.25 billion Euro in 2023. ▲ Rising
Average economic size of farms by standard output, farm type and age in Slovakia, 2005–2023
Source: Eurostat. Measured in Euro.
Analysis
In 2023, average economic size of farms by standard output, farm type and age in Slovakia stood at 2.25 billion Euro. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 13.1% on the previous year and up 24.3% over ten years.
Over the whole period, average economic size of farms by standard output, farm type and age in Slovakia peaked at 2.25 billion Euro in 2023 and was at its lowest, 1.27 billion Euro, in 2007.
Slovakia ranks 30th of 40 countries on this measure, in the middle of the range.
Average economic size of farms by standard output, farm type and age in Slovakia, year by year
| Year | Euro | Change |
|---|---|---|
| 2005 | 1.32 billion Euro | — |
| 2007 | 1.27 billion Euro | -4.0% |
| 2010 | 1.73 billion Euro | +36.5% |
| 2013 | 1.81 billion Euro | +4.7% |
| 2016 | 1.93 billion Euro | +6.6% |
| 2020 | 1.99 billion Euro | +3.2% |
| 2023 | 2.25 billion Euro | +13.1% |
Slovakia compared with similar countries
- Slovakia's 2.25 billion Euro is below the median for Europe & Central Asia, which is 7.96 billion Euro, 28% of the median. (29 countries reporting)
- Slovakia's 2.25 billion Euro is below the median for high income countries, which is 7.66 billion Euro, 29% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.29 billion Euro | 1.27 billion Euro | 1.32 billion Euro | 2 |
| 2010s | 1.82 billion Euro | 1.73 billion Euro | 1.93 billion Euro | 3 |
| 2020s | 2.12 billion Euro | 1.99 billion Euro | 2.25 billion Euro | 2 |
Countries ranked near Slovakia
More economy & growth data for Slovakia
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.86 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.012 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 342.78 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.05 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -59.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0133 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 379.36 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 25.67 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1175 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 3,355 includes gold, current US$ per person (2025)
Frequently asked questions
- What is average economic size of farms by standard output, farm type and age in Slovakia?
- Average economic size of farms by standard output, farm type and age in Slovakia was 2.25 billion Euro in 2023, according to Eurostat.
- What is the highest average economic size of farms by standard output, farm type and age recorded in Slovakia?
- The highest recorded value was 2.25 billion Euro in 2023.
- What is the lowest average economic size of farms by standard output, farm type and age recorded in Slovakia?
- The lowest recorded value was 1.27 billion Euro in 2007.
- How does Slovakia rank for average economic size of farms by standard output, farm type and age?
- Slovakia ranks 30th out of 40 countries with data for 2023.
- Is average economic size of farms by standard output, farm type and age rising or falling in Slovakia?
- Over the last ten years it is up 24.3%. The long-run trend across the full record is rising.
- Where does this Slovakia data come from?
- The figures come from Eurostat, published as part of Average economic size of farms by standard output, farm type and age of farm manager. Statizoid updates them automatically from the source API.
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