Gross Domestic Product — Value US$, annual growth rate (US annual) in Slovakia
Slovakia: Gross Domestic Product — Value US$, annual growth rate (US annual) was 5.88 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Slovakia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Slovakia recorded 5.88 % change on previous year for gross domestic product — value us$, annual growth rate in 2024.
That represents a change of down 59.8% on the previous year and up 126.2% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Slovakia peaked at 36.29 % change on previous year in 2003 and was at its lowest, -29.96 % change on previous year, in 1991.
That places Slovakia 111th out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate (US annual) in Slovakia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -29.96 % change on previous year | — |
| 1992 | 8.71 % change on previous year | -129.1% |
| 1993 | 7.67 % change on previous year | -12.0% |
| 1994 | 15.69 % change on previous year | +104.6% |
| 1995 | 25.44 % change on previous year | +62.1% |
| 1996 | 7.68 % change on previous year | -69.8% |
| 1997 | 0.7391 % change on previous year | -90.4% |
| 1998 | 4.02 % change on previous year | +443.5% |
| 1999 | -9.04 % change on previous year | -325.0% |
| 2000 | -0.6732 % change on previous year | -92.6% |
| 2001 | 3.25 % change on previous year | -583.4% |
| 2002 | 15.9 % change on previous year | +388.6% |
| 2003 | 36.29 % change on previous year | +128.2% |
| 2004 | 27.24 % change on previous year | -24.9% |
| 2005 | 13.67 % change on previous year | -49.8% |
| 2006 | 17.07 % change on previous year | +24.9% |
| 2007 | 34.84 % change on previous year | +104.2% |
| 2008 | 25.44 % change on previous year | -27.0% |
| 2009 | -7.59 % change on previous year | -129.9% |
| 2010 | 1.98 % change on previous year | -126.1% |
| 2011 | 9.43 % change on previous year | +376.3% |
| 2012 | -5 % change on previous year | -153.0% |
| 2013 | 4.66 % change on previous year | -193.2% |
| 2014 | 2.6 % change on previous year | -44.1% |
| 2015 | -12.32 % change on previous year | -573.8% |
| 2016 | 1.31 % change on previous year | -110.6% |
| 2017 | 6.23 % change on previous year | +375.6% |
| 2018 | 11.08 % change on previous year | +77.8% |
| 2019 | -0.7204 % change on previous year | -106.5% |
| 2020 | 1.78 % change on previous year | -347.7% |
| 2021 | 11.94 % change on previous year | +568.8% |
| 2022 | -3.87 % change on previous year | -132.4% |
| 2023 | 14.65 % change on previous year | -478.8% |
| 2024 | 5.88 % change on previous year | -59.8% |
Slovakia compared with similar countries
- Slovakia's 5.88 % change on previous year is above the median for high income countries, which is 4.61 % change on previous year, 1.3× the median. (73 countries reporting)
- Slovakia's 5.88 % change on previous year is below the median for Europe & Central Asia, which is 5.92 % change on previous year, 99% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.44 % change on previous year | -29.96 % change on previous year | 25.44 % change on previous year | 9 |
| 2000s | 16.54 % change on previous year | -7.59 % change on previous year | 36.29 % change on previous year | 10 |
| 2010s | 1.93 % change on previous year | -12.32 % change on previous year | 11.08 % change on previous year | 10 |
| 2020s | 6.08 % change on previous year | -3.87 % change on previous year | 14.65 % change on previous year | 5 |
Countries ranked near Slovakia
- 109 Turkmenistan 5.96 % change on previous year compare
- 110 Cayman Islands 5.95 % change on previous year compare
- 112 Maldives 5.83 % change on previous year compare
- 113 Liechtenstein 5.75 % change on previous year compare
- 114 Philippines 5.62 % 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 us$, annual growth rate in Slovakia?
- Gross domestic product — value us$, annual growth rate in Slovakia was 5.88 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Slovakia?
- The highest recorded value was 36.29 % change on previous year in 2003.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Slovakia?
- The lowest recorded value was -29.96 % change on previous year in 1991.
- How does Slovakia rank for gross domestic product — value us$, annual growth rate?
- Slovakia ranks 111th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Slovakia?
- Over the last ten years it is up 126.2%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ 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 US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.