Merchandise trade as a proportion of GDP (%) in Slovakia
Slovakia: Merchandise trade as a proportion of GDP (%) was 162.2% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Slovakia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Slovakia is 162.2%, measured in 2024.
Compared with earlier readings it is down 6.2% on the previous year and down 1.7% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Slovakia peaked at 190.7% in 2022 and was at its lowest, 84.2%, in 2000.
Slovakia ranks 7th of 220 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Slovakia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 84.2% | — |
| 2001 | 89.0% | +5.8% |
| 2002 | 87.9% | -1.3% |
| 2003 | 95.2% | +8.3% |
| 2004 | 100.7% | +5.8% |
| 2005 | 106.0% | +5.3% |
| 2006 | 123.1% | +16.1% |
| 2007 | 138.0% | +12.1% |
| 2008 | 144.0% | +4.4% |
| 2009 | 125.4% | -12.9% |
| 2010 | 145.5% | +16.1% |
| 2011 | 160.4% | +10.2% |
| 2012 | 167.0% | +4.1% |
| 2013 | 169.1% | +1.3% |
| 2014 | 164.9% | -2.4% |
| 2015 | 165.9% | +0.6% |
| 2016 | 168.0% | +1.2% |
| 2017 | 171.9% | +2.4% |
| 2018 | 174.8% | +1.6% |
| 2019 | 169.6% | -3.0% |
| 2020 | 158.8% | -6.4% |
| 2021 | 172.4% | +8.6% |
| 2022 | 190.7% | +10.6% |
| 2023 | 172.9% | -9.3% |
| 2024 | 162.2% | -6.2% |
Slovakia compared with similar countries
- Slovakia's 162.2% is above the median for high income countries, which is 56.9%, 2.9× the median. (73 countries reporting)
- Slovakia's 162.2% is above the median for Europe & Central Asia, which is 63.9%, 2.5× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 109.3% | 84.2% | 144.0% | 10 |
| 2010s | 165.7% | 145.5% | 174.8% | 10 |
| 2020s | 171.4% | 158.8% | 190.7% | 5 |
Countries ranked near Slovakia
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 merchandise trade as a proportion of gdp in Slovakia?
- Merchandise trade as a proportion of gdp in Slovakia was 162.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Slovakia?
- The highest recorded value was 190.7% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Slovakia?
- The lowest recorded value was 84.2% in 2000.
- How does Slovakia rank for merchandise trade as a proportion of gdp?
- Slovakia ranks 7th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Slovakia?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is rising.
- Where does this Slovakia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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