Gross Domestic Product: Value Standard … Gross annual growth rate in Slovakia
Slovakia: Gross Domestic Product: Value Standard … Gross annual growth rate was 5.78 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Slovakia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value standard local currency, annual growth in Slovakia stood at 5.78 % change on previous year.
Compared with earlier readings it is down 50.4% on the previous year and up 124.6% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Slovakia peaked at 20.49 % change on previous year in 1994 and was at its lowest, -6.57 % change on previous year, in 2009.
That places Slovakia 136th out of 218 countries with data for 2024, putting it 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: Value Standard … Gross annual growth rate in Slovakia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 14.99 % change on previous year | — |
| 1992 | 3.93 % change on previous year | -73.8% |
| 1993 | 17.56 % change on previous year | +346.9% |
| 1994 | 20.49 % change on previous year | +16.7% |
| 1995 | 16.31 % change on previous year | -20.4% |
| 1996 | 11.09 % change on previous year | -32.0% |
| 1997 | 10.47 % change on previous year | -5.5% |
| 1998 | 9.02 % change on previous year | -13.9% |
| 1999 | 6.79 % change on previous year | -24.8% |
| 2000 | 10.55 % change on previous year | +55.4% |
| 2001 | 8.46 % change on previous year | -19.8% |
| 2002 | 8.64 % change on previous year | +2.2% |
| 2003 | 10.57 % change on previous year | +22.3% |
| 2004 | 11.61 % change on previous year | +9.9% |
| 2005 | 9.3 % change on previous year | -19.9% |
| 2006 | 12.08 % change on previous year | +29.8% |
| 2007 | 12.12 % change on previous year | +0.4% |
| 2008 | 8.51 % change on previous year | -29.8% |
| 2009 | -6.57 % change on previous year | -177.2% |
| 2010 | 7.29 % change on previous year | -211.1% |
| 2011 | 4.22 % change on previous year | -42.1% |
| 2012 | 2.93 % change on previous year | -30.7% |
| 2013 | 1.24 % change on previous year | -57.6% |
| 2014 | 2.57 % change on previous year | +107.2% |
| 2015 | 4.98 % change on previous year | +93.7% |
| 2016 | 1.55 % change on previous year | -68.9% |
| 2017 | 4.09 % change on previous year | +164.0% |
| 2018 | 6.26 % change on previous year | +52.9% |
| 2019 | 4.73 % change on previous year | -24.4% |
| 2020 | -0.24 % change on previous year | -105.1% |
| 2021 | 8.1 % change on previous year | -3475.0% |
| 2022 | 7.97 % change on previous year | -1.6% |
| 2023 | 11.65 % change on previous year | +46.2% |
| 2024 | 5.78 % change on previous year | -50.4% |
Slovakia compared with similar countries
- Slovakia's 5.78 % change on previous year is above the median for high income countries, which is 4.65 % change on previous year, 1.2× the median. (72 countries reporting)
- Slovakia's 5.78 % change on previous year is below the median for Europe & Central Asia, which is 6.24 % change on previous year, 93% of the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product: Value Standard … Gross 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 |
|---|---|---|---|
| 2021 | +3475.0% | -0.24 % change on previous year | 8.1 % change on previous year |
| 1993 | +346.9% | 3.93 % change on previous year | 17.56 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.29 % change on previous year | 3.93 % change on previous year | 20.49 % change on previous year | 9 |
| 2000s | 8.53 % change on previous year | -6.57 % change on previous year | 12.12 % change on previous year | 10 |
| 2010s | 3.99 % change on previous year | 1.24 % change on previous year | 7.29 % change on previous year | 10 |
| 2020s | 6.65 % change on previous year | -0.24 % change on previous year | 11.65 % change on previous year | 5 |
Countries ranked near Slovakia
- 133 Cayman Islands 5.95 % change on previous year compare
- 134 Malaysia 5.94 % change on previous year compare
- 135 Maldives 5.85 % change on previous year compare
- 137 North Macedonia 5.7 % change on previous year compare
- 138 Denmark 5.57 % change on previous year compare
- 139 Anguilla 5.55 % change on previous year compare
More economy & growth data for Slovakia
- Real gdp growth, annual growth rate -58.38 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in Slovakia?
- Gross domestic product — value standard local currency, annual growth in Slovakia was 5.78 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Slovakia?
- The highest recorded value was 20.49 % change on previous year in 1994.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Slovakia?
- The lowest recorded value was -6.57 % change on previous year in 2009.
- How does Slovakia rank for gross domestic product — value standard local currency, annual growth?
- Slovakia ranks 136th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Slovakia?
- Over the last ten years it is up 124.6%. 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 — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.