Indicators of economy in Slovak Republic

SVK · Europe & Central Asia /

Location

GDP per capita: 26,148 USD (PPP: 47,181 intl$) (2024)

Income and purchasing power

The average monthly income in Slovak Republic is 1,992 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Cost of Living

Cost of living indices are relative to New York City (NYC = 100). Lower index means lower costs. Data as of November 2025.

Cost of Living Index
42.0
Est. monthly cost: $1,470
58.0% cheaper than NYC
Rent Index
20.0
1-bedroom, center: $560/month
80.0% cheaper than NYC
Groceries Index
45.0
Per person/month: $203
55.0% cheaper than NYC
Restaurant Price Index
48.0
Mid-range meal: $11
Purchasing Power Index
62.0
38.0% lower than NYC
(Higher is better)

How to read: All indices are relative to New York City (NYC = 100). An index of 70 means costs are 30% lower than NYC. Estimated prices are calculated based on NYC reference prices.

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Economic performance 2024

Indicator Value Per Capita
Gross National Product (GNI) 23,900 USD
GDP (PPP) 47,181 intl$

Largest economic sectors

The main economic sectors in Slovak Republic play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator Slovak Republic Per Capita

Household debt and deficits 2024

Data on government debt, budget deficit/surplus, and household debt is being collected.

Note: Household debt data represents domestic credit to private sector (% of GDP) from World Bank. This indicator includes credit to both households and non-financial corporations, providing an approximation of household debt levels.

Corruption in Slovak Republic

The Corruption Perceptions Index (CPI) measures the perceived levels of public sector corruption. The scale ranges from 0 (highly corrupt) to 100 (very clean).

Corruption Perceptions Index
54.0
Year: 2024
Moderate
Scale: 0-100
Data source: Transparency International

Unemployment rates in percentages 1991 - 2024

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2024 5.2%
2023 5.8%
2022 6.1%
2021 6.9%
2020 6.7%
2019 5.8%
2018 6.5%
2017 8.1%
2016 9.7%
2015 11.5%
2014 11.5%
2013 14.2%
2012 14.0%
2011 13.6%
2010 14.4%
2009 12.0%
2008 9.5%
2007 11.2%
2006 13.4%
2005 16.3%
2004 18.2%
2003 17.5%
2002 18.5%
2001 19.1%
2000 18.5%
1999 16.1%
1998 12.4%
1997 11.9%
1996 11.3%
1995 13.1%
1994 13.7%
1993 12.2%
1992 12.2%
1991 12.2%

Inflation rates in percentages 1992 - 2024

Year Inflation Rate (%)
2024 2.8%
2023 10.5%
2022 12.8%
2021 3.1%
2020 1.9%
2019 2.7%
2018 2.5%
2017 1.3%
2016 -0.5%
2015 -0.3%
2014 -0.1%
2013 1.4%
2012 3.6%
2011 3.9%
2010 1.0%
2009 1.6%
2008 4.6%
2007 2.8%
2006 4.5%
2005 2.7%
2004 7.5%
2003 8.6%
2002 3.1%
2001 7.3%
2000 12.0%
1999 10.6%
1998 6.7%
1997 6.1%
1996 5.8%
1995 9.8%
1994 13.4%
1993 23.3%
1992 9.9%

Frequently Asked Questions

What is the GDP per capita of Slovak Republic in 2024?

The GDP per capita of Slovak Republic is 26,148 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 47,181 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in Slovak Republic?

The main economic sectors in Slovak Republic include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in Slovak Republic in 2024?

The inflation rate in Slovak Republic is 2.8% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of Slovak Republic including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare Slovak Republic's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of Slovak Republic's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: December 2025