Expense in Slovakia
Slovakia: Expense was 39.8% in 2022. ▼ Falling
Expense in Slovakia, 1995–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Slovakia recorded 39.8% for expense in 2022.
Compared with earlier readings it is down 6.2% on the previous year and up 1.6% over ten years.
Over the whole period, expense in Slovakia peaked at 52.2% in 2000 and was at its lowest, 34.8%, in 2008.
Slovakia ranks 19th of 157 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Expense in Slovakia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 45.3% | — |
| 1996 | 51.6% | +13.9% |
| 1997 | 44.8% | -13.2% |
| 1998 | 43.6% | -2.8% |
| 1999 | 46.9% | +7.6% |
| 2000 | 52.2% | +11.3% |
| 2001 | 43.8% | -16.0% |
| 2002 | 44.2% | +0.9% |
| 2003 | 39.7% | -10.2% |
| 2004 | 37.3% | -6.1% |
| 2005 | 38.6% | +3.4% |
| 2006 | 37.0% | -4.1% |
| 2007 | 34.9% | -5.7% |
| 2008 | 34.8% | -0.0% |
| 2009 | 41.9% | +20.4% |
| 2010 | 39.5% | -5.8% |
| 2011 | 39.1% | -1.2% |
| 2012 | 39.1% | +0.2% |
| 2013 | 40.0% | +2.3% |
| 2014 | 40.0% | +0.1% |
| 2015 | 40.7% | +1.6% |
| 2016 | 40.3% | -0.9% |
| 2017 | 37.0% | -8.1% |
| 2018 | 37.1% | +0.2% |
| 2019 | 38.1% | +2.6% |
| 2020 | 42.1% | +10.5% |
| 2021 | 42.4% | +0.7% |
| 2022 | 39.8% | -6.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.4% | 43.6% | 51.6% | 5 |
| 2000s | 40.4% | 34.8% | 52.2% | 10 |
| 2010s | 39.1% | 37.0% | 40.7% | 10 |
| 2020s | 41.4% | 39.8% | 42.4% | 3 |
Countries ranked near Slovakia
- 16 San Marino 40.5% compare
- 17 Lesotho 40.2% compare
- 18 Netherlands 40.0% compare
- 20 Belgium 39.7% compare
- 21 Afghanistan 39.2% compare
- 22 Poland 39.1% compare
More economy & growth data for Slovakia
- Industry (including construction), value added (constant 2015 US$) 0.9412 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1752 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 5,000 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.9411 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.1744 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 4,979 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 9.37 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5981 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 17,071 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 4.76 % change on previous year (2025)
Frequently asked questions
- What is expense in Slovakia?
- Expense in Slovakia was 39.8% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Slovakia?
- The highest recorded value was 52.2% in 2000.
- What is the lowest expense recorded in Slovakia?
- The lowest recorded value was 34.8% in 2008.
- How does Slovakia rank for expense?
- Slovakia ranks 19th out of 157 countries with data for 2022.
- Is expense rising or falling in Slovakia?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is falling.
- Where does this Slovakia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.