Gross domestic product (GDP), annual growth rate in Slovakia
Slovakia: Gross domestic product (GDP), annual growth rate was 1.96 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Slovakia, 1991–2023
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 1.96 % change on previous year, measured in 2023.
The figure is up 326.8% on the previous year and up 140.4% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Slovakia peaked at 13.03 % change on previous year in 2005 and was at its lowest, -20.65 % change on previous year, in 1991.
Slovakia ranks 103rd of 184 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.
Gross domestic product (GDP), annual growth rate in Slovakia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -20.65 % change on previous year | — |
| 1992 | -6.5 % change on previous year | -68.5% |
| 1993 | 0.8842 % change on previous year | -113.6% |
| 1994 | 3.46 % change on previous year | +291.5% |
| 1995 | 4.64 % change on previous year | +33.9% |
| 1996 | 5.39 % change on previous year | +16.2% |
| 1997 | 1.78 % change on previous year | -67.0% |
| 1998 | -3.28 % change on previous year | -284.6% |
| 1999 | -5.23 % change on previous year | +59.3% |
| 2000 | 3.81 % change on previous year | -172.8% |
| 2001 | 7.02 % change on previous year | +84.4% |
| 2002 | 2.18 % change on previous year | -68.9% |
| 2003 | -1.32 % change on previous year | -160.6% |
| 2004 | 1.46 % change on previous year | -210.8% |
| 2005 | 13.03 % change on previous year | +790.9% |
| 2006 | 5.76 % change on previous year | -55.8% |
| 2007 | 11.41 % change on previous year | +98.2% |
| 2008 | 9.13 % change on previous year | -20.0% |
| 2009 | -4.16 % change on previous year | -145.6% |
| 2010 | 6.83 % change on previous year | -264.3% |
| 2011 | 4.59 % change on previous year | -32.9% |
| 2012 | 0.1473 % change on previous year | -96.8% |
| 2013 | -4.84 % change on previous year | -3389.1% |
| 2014 | 4.45 % change on previous year | -191.9% |
| 2015 | 0.1247 % change on previous year | -97.2% |
| 2016 | -4.73 % change on previous year | -3892.4% |
| 2017 | -0.4722 % change on previous year | -90.0% |
| 2018 | -2.06 % change on previous year | +336.6% |
| 2019 | -1.25 % change on previous year | -39.5% |
| 2020 | 10.33 % change on previous year | -928.5% |
| 2021 | 2.93 % change on previous year | -71.6% |
| 2022 | -0.8639 % change on previous year | -129.5% |
| 2023 | 1.96 % change on previous year | -326.8% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 2016 | -3892.4% | 0.1247 % change on previous year | -4.73 % change on previous year |
| 2013 | -3389.1% | 0.1473 % change on previous year | -4.84 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.17 % change on previous year | -20.65 % change on previous year | 5.39 % change on previous year | 9 |
| 2000s | 4.83 % change on previous year | -4.16 % change on previous year | 13.03 % change on previous year | 10 |
| 2010s | 0.2785 % change on previous year | -4.84 % change on previous year | 6.83 % change on previous year | 10 |
| 2020s | 3.59 % change on previous year | -0.8639 % change on previous year | 10.33 % change on previous year | 4 |
Countries ranked near Slovakia
- 100 Lesotho 2.17 % change on previous year compare
- 101 Japan 2.13 % change on previous year compare
- 102 Mauritius 2 % change on previous year compare
- 104 New Zealand 1.94 % change on previous year compare
- 105 Suriname 1.82 % change on previous year compare
- 106 Malawi 1.78 % change on previous year compare
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 gross domestic product (gdp), annual growth rate in Slovakia?
- Gross domestic product (gdp), annual growth rate in Slovakia was 1.96 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Slovakia?
- The highest recorded value was 13.03 % change on previous year in 2005.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Slovakia?
- The lowest recorded value was -20.65 % change on previous year in 1991.
- How does Slovakia rank for gross domestic product (gdp), annual growth rate?
- Slovakia ranks 103rd out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Slovakia?
- Over the last ten years it is up 140.4%. 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 — 33 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) Feenstra et al. – Penn World Table (2025) – 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.