Current account balance as a share of GDP in Slovakia
Slovakia: Current account balance as a share of GDP was -4.6% in 2024. ◆ Volatile
Current account balance as a share of GDP in Slovakia, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share of gdp in Slovakia is -4.6%, measured in 2024.
That represents a change of down 52.6% on the previous year and down 359.0% over ten years.
Over the whole period, current account balance as a share of gdp in Slovakia peaked at 2.9% in 2013 and was at its lowest, -9.6%, in 2022.
Slovakia ranks 139th of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a share of GDP in Slovakia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -2.4% | — |
| 2001 | -5.7% | +138.2% |
| 2002 | -5.5% | -2.1% |
| 2003 | -0.6% | -89.2% |
| 2004 | -7.6% | +1170.0% |
| 2005 | -8.2% | +7.5% |
| 2006 | -7.7% | -5.9% |
| 2007 | -5.3% | -30.6% |
| 2008 | -6.2% | +16.3% |
| 2009 | -3.4% | -45.7% |
| 2010 | -4.6% | +36.7% |
| 2011 | -4.9% | +6.5% |
| 2012 | 0.9% | -119.1% |
| 2013 | 2.9% | +209.6% |
| 2014 | 1.8% | -38.8% |
| 2015 | -2.0% | -215.2% |
| 2016 | -1.4% | -30.7% |
| 2017 | -1.7% | +21.1% |
| 2018 | -1.6% | -7.6% |
| 2019 | -3.5% | +120.8% |
| 2020 | -0.4% | -87.5% |
| 2021 | -4.8% | +988.6% |
| 2022 | -9.6% | +100.6% |
| 2023 | -3.0% | -68.6% |
| 2024 | -4.6% | +52.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.3% | -8.2% | -0.6% | 10 |
| 2010s | -1.4% | -4.9% | 2.9% | 10 |
| 2020s | -4.5% | -9.6% | -0.4% | 5 |
Countries ranked near Slovakia
- 136 Honduras -4.5% compare
- 137 Serbia -4.6% compare
- 138 Armenia -4.6% compare
- 140 New Zealand -4.7% compare
- 141 Uzbekistan -5.0% compare
- 142 Burkina Faso -5.1% compare
More economy & growth data for Slovakia
- Gross capital formation (constant 2015 US$), annual growth rate 1.06 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1415 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 4,038 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 9.03 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.8525 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 24,333 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 4.44 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.7544 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 21,534 current LCU per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.71 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Slovakia?
- Current account balance as a share of gdp in Slovakia was -4.6% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Slovakia?
- The highest recorded value was 2.9% in 2013.
- What is the lowest current account balance as a share of gdp recorded in Slovakia?
- The lowest recorded value was -9.6% in 2022.
- How does Slovakia rank for current account balance as a share of gdp?
- Slovakia ranks 139th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Slovakia?
- Over the last ten years it is down 359.0%. The long-run trend across the full record is volatile.
- Where does this Slovakia data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).