Trade in services in Slovakia
Slovakia: Trade in services was 18.8% in 2025. ▼ Falling
Trade in services in Slovakia, 1993–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Slovakia recorded 18.8% for trade in services in 2025.
The figure is down 2.4% on the previous year and up 4.0% over ten years.
Over the whole period, trade in services in Slovakia peaked at 30.1% in 2003 and was at its lowest, 15.0%, in 2011.
Slovakia ranks 110th of 200 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 33 years of available data.
Trade in services in Slovakia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 25.8% | — |
| 1994 | 23.9% | -7.4% |
| 1995 | 20.8% | -12.9% |
| 1996 | 18.7% | -9.8% |
| 1997 | 19.3% | +3.4% |
| 1998 | 19.9% | +3.0% |
| 1999 | 18.0% | -9.8% |
| 2000 | 19.6% | +9.1% |
| 2001 | 23.8% | +21.4% |
| 2002 | 29.6% | +24.1% |
| 2003 | 30.1% | +1.8% |
| 2004 | 25.1% | -16.5% |
| 2005 | 24.5% | -2.3% |
| 2006 | 23.7% | -3.4% |
| 2007 | 21.5% | -9.5% |
| 2008 | 20.2% | -6.0% |
| 2009 | 16.2% | -19.6% |
| 2010 | 15.0% | -7.3% |
| 2011 | 15.0% | -0.3% |
| 2012 | 15.8% | +5.7% |
| 2013 | 18.0% | +13.8% |
| 2014 | 17.7% | -1.6% |
| 2015 | 18.1% | +1.8% |
| 2016 | 20.4% | +12.7% |
| 2017 | 21.6% | +6.0% |
| 2018 | 22.3% | +3.1% |
| 2019 | 22.6% | +1.4% |
| 2020 | 18.9% | -16.4% |
| 2021 | 18.9% | +0.2% |
| 2022 | 22.1% | +16.8% |
| 2023 | 19.2% | -12.8% |
| 2024 | 19.2% | +0.0% |
| 2025 | 18.8% | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.9% | 18.0% | 25.8% | 7 |
| 2000s | 23.4% | 16.2% | 30.1% | 10 |
| 2010s | 18.6% | 15.0% | 22.6% | 10 |
| 2020s | 19.5% | 18.8% | 22.1% | 6 |
Countries ranked near Slovakia
- 107 Romania 20.1% compare
- 108 Spain 20.1% compare
- 109 New Caledonia 18.9% compare
- 111 Lesotho 18.8% compare
- 112 Philippines 18.4% compare
- 113 Lao People's Democratic Republic 18.2% compare
More economy & growth data for Slovakia
- Total reserves minus gold (current US$), annual growth rate 16.26 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0887 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 2,533 current US$ per person (2025)
- General government final consumption expenditure (current US$) 11.16 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.2141 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 6,110 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 6.47 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1894 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 5,407 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 1.11 % change on previous year (2025)
Frequently asked questions
- What is trade in services in Slovakia?
- Trade in services in Slovakia was 18.8% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Slovakia?
- The highest recorded value was 30.1% in 2003.
- What is the lowest trade in services recorded in Slovakia?
- The lowest recorded value was 15.0% in 2011.
- How does Slovakia rank for trade in services?
- Slovakia ranks 110th out of 200 countries with data for 2025.
- Is trade in services rising or falling in Slovakia?
- Over the last ten years it is up 4.0%. The long-run trend across the full record is falling.
- Where does this Slovakia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.