Gross domestic product (GDP), annual growth rate (Bolt) in Slovakia
Slovakia: Gross domestic product (GDP), annual growth rate (Bolt) was 1.67 % change on previous year in 2022. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Slovakia, 1986–2022
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product (gdp), annual growth rate in Slovakia is 1.67 % change on previous year, measured in 2022.
That represents a change of down 44.7% on the previous year and up 26.5% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Slovakia peaked at 10.64 % change on previous year in 2007 and was at its lowest, -15.08 % change on previous year, in 1991.
That places Slovakia 141st out of 166 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate (Bolt) in Slovakia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1986 | 4.17 % change on previous year | — |
| 1987 | 2.42 % change on previous year | -41.8% |
| 1988 | 1.96 % change on previous year | -19.2% |
| 1989 | 1.01 % change on previous year | -48.7% |
| 1990 | -2.49 % change on previous year | -348.1% |
| 1991 | -15.08 % change on previous year | +504.7% |
| 1992 | -6.21 % change on previous year | -58.8% |
| 1993 | 6.89 % change on previous year | -211.0% |
| 1994 | 5.99 % change on previous year | -13.0% |
| 1995 | 7.66 % change on previous year | +27.7% |
| 1996 | 6.51 % change on previous year | -15.0% |
| 1997 | 5.84 % change on previous year | -10.3% |
| 1998 | 3.79 % change on previous year | -35.0% |
| 1999 | -0.4318 % change on previous year | -111.4% |
| 2000 | 1.22 % change on previous year | -382.6% |
| 2001 | 2.88 % change on previous year | +136.1% |
| 2002 | 4.32 % change on previous year | +49.9% |
| 2003 | 5.27 % change on previous year | +22.1% |
| 2004 | 5.12 % change on previous year | -3.0% |
| 2005 | 6.6 % change on previous year | +29.0% |
| 2006 | 8.29 % change on previous year | +25.6% |
| 2007 | 10.64 % change on previous year | +28.3% |
| 2008 | 5.5 % change on previous year | -48.3% |
| 2009 | -5.55 % change on previous year | -200.9% |
| 2010 | 4.95 % change on previous year | -189.3% |
| 2011 | 1.87 % change on previous year | -62.3% |
| 2012 | 1.32 % change on previous year | -29.4% |
| 2013 | 0.6329 % change on previous year | -52.0% |
| 2014 | 2.7 % change on previous year | +326.2% |
| 2015 | 5.17 % change on previous year | +91.6% |
| 2016 | 1.94 % change on previous year | -62.4% |
| 2017 | 2.94 % change on previous year | +51.2% |
| 2018 | 4.03 % change on previous year | +37.2% |
| 2019 | 2.52 % change on previous year | -37.5% |
| 2020 | -3.37 % change on previous year | -234.0% |
| 2021 | 3.01 % change on previous year | -189.3% |
| 2022 | 1.67 % change on previous year | -44.7% |
Slovakia compared with similar countries
- Slovakia's 1.67 % change on previous year is below the median for high income countries, which is 3.67 % change on previous year, 45% of the median. (55 countries reporting)
- Slovakia's 1.67 % change on previous year is below the median for Europe & Central Asia, which is 3.71 % change on previous year, 45% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate (Bolt) 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 |
|---|---|---|---|
| 1991 | -504.7% | -2.49 % change on previous year | -15.08 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.39 % change on previous year | 1.01 % change on previous year | 4.17 % change on previous year | 4 |
| 1990s | 1.25 % change on previous year | -15.08 % change on previous year | 7.66 % change on previous year | 10 |
| 2000s | 4.43 % change on previous year | -5.55 % change on previous year | 10.64 % change on previous year | 10 |
| 2010s | 2.81 % change on previous year | 0.6329 % change on previous year | 5.17 % change on previous year | 10 |
| 2020s | 0.436 % change on previous year | -3.37 % change on previous year | 3.01 % change on previous year | 3 |
Countries ranked near Slovakia
- 138 Turkmenistan 1.79 % change on previous year compare
- 139 Germany 1.79 % change on previous year compare
- 140 Cuba 1.77 % change on previous year compare
- 142 Luxembourg 1.55 % change on previous year compare
- 143 Yemen 1.5 % change on previous year compare
- 144 Morocco 1.14 % change on previous year compare
More economy & growth data for Slovakia
- SDRs holdings, US dollar, annual growth rate 3.49 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 331.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.45 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 242.3 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.32 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0066 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 187.52 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -2.56 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), annual growth rate in Slovakia?
- Gross domestic product (gdp), annual growth rate in Slovakia was 1.67 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Slovakia?
- The highest recorded value was 10.64 % change on previous year in 2007.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Slovakia?
- The lowest recorded value was -15.08 % change on previous year in 1991.
- How does Slovakia rank for gross domestic product (gdp), annual growth rate?
- Slovakia ranks 141st out of 166 countries with data for 2022.
- Is gross domestic product (gdp), annual growth rate rising or falling in Slovakia?
- Over the last ten years it is up 26.5%. The long-run trend across the full record is volatile.
- Where does this Slovakia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.