Gross Fixed Capital Formation — Annual growth Standard Local Currency in Slovakia
Slovakia: Gross Fixed Capital Formation — Annual growth Standard Local Currency was 2.02 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth Standard Local Currency in Slovakia, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Slovakia recorded 2.02 % for gross fixed capital formation — annual growth standard local currency in 2024.
Compared with earlier readings it is down 92.6% on the previous year and down 19.1% over ten years.
Over the whole period, gross fixed capital formation — annual growth standard local currency in Slovakia peaked at 40.43 % in 1996 and was at its lowest, -20.89 %, in 2009.
That places Slovakia 161st out of 202 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Annual growth Standard Local Currency in Slovakia, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 3.95 % | — |
| 1992 | 20.99 % | +431.8% |
| 1993 | 12.88 % | -38.6% |
| 1994 | 6.85 % | -46.8% |
| 1995 | 9.43 % | +37.8% |
| 1996 | 40.43 % | +328.6% |
| 1997 | 18.06 % | -55.3% |
| 1998 | 14.44 % | -20.0% |
| 1999 | -10.41 % | -172.1% |
| 2000 | -5.39 % | -48.2% |
| 2001 | 20.13 % | -473.3% |
| 2002 | 3.93 % | -80.5% |
| 2003 | -1.88 % | -147.7% |
| 2004 | 8.97 % | -578.2% |
| 2005 | 19.69 % | +119.5% |
| 2006 | 9.12 % | -53.7% |
| 2007 | 11.56 % | +26.7% |
| 2008 | 5.98 % | -48.2% |
| 2009 | -20.89 % | -449.3% |
| 2010 | 8.01 % | -138.4% |
| 2011 | 14.29 % | +78.3% |
| 2012 | -9.52 % | -166.6% |
| 2013 | 1.89 % | -119.8% |
| 2014 | 2.49 % | +32.1% |
| 2015 | 20.55 % | +724.6% |
| 2016 | -9.53 % | -146.4% |
| 2017 | 2.24 % | -123.4% |
| 2018 | 6.61 % | +195.7% |
| 2019 | 6.39 % | -3.3% |
| 2020 | -8.94 % | -239.9% |
| 2021 | 7.17 % | -180.2% |
| 2022 | 7.98 % | +11.2% |
| 2023 | 27.28 % | +242.1% |
| 2024 | 2.02 % | -92.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.96 % | -10.41 % | 40.43 % | 9 |
| 2000s | 5.12 % | -20.89 % | 20.13 % | 10 |
| 2010s | 4.34 % | -9.53 % | 20.55 % | 10 |
| 2020s | 7.1 % | -8.94 % | 27.28 % | 5 |
Countries ranked near Slovakia
- 158 Cyprus 2.45 % compare
- 159 Montserrat 2.42 % compare
- 160 Costa Rica 2.09 % compare
- 162 Czechoslovakia 1.89 %
- 163 China, Hong Kong SAR 1.87 % compare
- 164 Samoa 1.59 % compare
More economy & growth data for Slovakia
- Gross capital formation (constant 2015 US$), annual growth rate 1.06 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1415 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 4,038 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 9.03 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.8525 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 24,333 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 4.44 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.7544 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 21,534 current LCU per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.71 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — annual growth standard local currency in Slovakia?
- Gross fixed capital formation — annual growth standard local currency in Slovakia was 2.02 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — annual growth standard local currency recorded in Slovakia?
- The highest recorded value was 40.43 % in 1996.
- What is the lowest gross fixed capital formation — annual growth standard local currency recorded in Slovakia?
- The lowest recorded value was -20.89 % in 2009.
- How does Slovakia rank for gross fixed capital formation — annual growth standard local currency?
- Slovakia ranks 161st out of 202 countries with data for 2024.
- Is gross fixed capital formation — annual growth standard local currency rising or falling in Slovakia?
- Over the last ten years it is down 19.1%. The long-run trend across the full record is volatile.
- Where does this Slovakia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).