External balance on goods and services as a percent of GDP in Slovakia
Slovakia: External balance on goods and services as a percent of GDP was -0.2% in 2025. ◆ Volatile
External balance on goods and services as a percent of GDP in Slovakia, 1990–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services as a percent of gdp in Slovakia is -0.2%, measured in 2025.
Compared with earlier readings it is up 37.7% on the previous year and down 107.8% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Slovakia peaked at 4.9% in 2013 and was at its lowest, -13.0%, in 1996.
That places Slovakia 79th out of 191 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Slovakia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | -9.4% | — |
| 1991 | -4.5% | -51.5% |
| 1992 | -6.4% | +40.4% |
| 1993 | -7.1% | +11.2% |
| 1994 | 2.3% | -133.0% |
| 1995 | -0.6% | -125.5% |
| 1996 | -13.0% | +2079.5% |
| 1997 | -10.2% | -21.3% |
| 1998 | -10.9% | +6.6% |
| 1999 | -4.7% | -56.8% |
| 2000 | -2.3% | -50.7% |
| 2001 | -7.4% | +218.2% |
| 2002 | -6.4% | -13.6% |
| 2003 | -0.4% | -93.0% |
| 2004 | -1.5% | +243.1% |
| 2005 | -3.4% | +124.7% |
| 2006 | -2.4% | -29.4% |
| 2007 | 0.2% | -107.2% |
| 2008 | -2.1% | -1278.2% |
| 2009 | -0.5% | -74.6% |
| 2010 | -0.9% | +81.2% |
| 2011 | 0.1% | -109.3% |
| 2012 | 4.8% | +5408.2% |
| 2013 | 4.9% | +0.1% |
| 2014 | 4.1% | -15.1% |
| 2015 | 2.0% | -52.4% |
| 2016 | 1.9% | -4.9% |
| 2017 | 1.3% | -32.5% |
| 2018 | 1.1% | -11.1% |
| 2019 | -0.0% | -103.1% |
| 2020 | 1.1% | -3185.5% |
| 2021 | -0.5% | -142.9% |
| 2022 | -5.9% | +1199.2% |
| 2023 | 1.6% | -127.0% |
| 2024 | -0.2% | -115.4% |
| 2025 | -0.2% | -37.7% |
Slovakia compared with similar countries
- Slovakia's -0.2% is below the median for high income countries, which is 2.2%. (72 countries reporting)
- Slovakia's -0.2% is below the median for Europe & Central Asia, which is 0.8%. (51 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services as a percent of GDP in Slovakia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +5408.2% | 0.1% | 4.8% |
| 2020 | +3185.5% | -0.0% | 1.1% |
| 1996 | -2079.5% | -0.6% | -13.0% |
| 2008 | -1278.2% | 0.2% | -2.1% |
| 2022 | -1199.2% | -0.5% | -5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -6.5% | -13.0% | 2.3% | 10 |
| 2000s | -2.6% | -7.4% | 0.2% | 10 |
| 2010s | 1.9% | -0.9% | 4.9% | 10 |
| 2020s | -0.7% | -5.9% | 1.6% | 6 |
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 external balance on goods and services as a percent of gdp in Slovakia?
- External balance on goods and services as a percent of gdp in Slovakia was -0.2% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Slovakia?
- The highest recorded value was 4.9% in 2013.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Slovakia?
- The lowest recorded value was -13.0% in 1996.
- How does Slovakia rank for external balance on goods and services as a percent of gdp?
- Slovakia ranks 79th out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Slovakia?
- Over the last ten years it is down 107.8%. The long-run trend across the full record is volatile.
- Where does this Slovakia data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.