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Slovakia GDP Annual Growth Rate

Slovakia's GDP annual growth rate fell to 2.06% in 2024, down from 2.17% in 2023, according to World Bank. This represents a decrease of 0.11% from the previous year. Slovakia has GDP annual growth rate lower than the global median (2.06% vs median 3.24%). Compared with the median in Europe, Slovakia is lower (2.06% vs regional median 2.10%) and ranks 25th out of 47 countries in Europe.

Slovakia's real GDP rose to $107.35 billion in 2024, up from $105.18 billion in 2023.

Yearly Historical Data (1991-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 2.06%
2023 2.17%
2022 0.44%
2021 5.7%
2020 -2.59%
2019 2.28%
2018 4.06%
2017 2.87%
2016 1.95%
2015 5.18%
2014 2.71%
2013 0.7%
2012 1.57%
2011 2.56%
2010 6.79%
2009 -5.51%
2008 5.36%
2007 10.82%
2006 8.93%
2005 6.48%
2004 5.39%
2003 4.86%
2002 4.42%
2001 2.93%
2000 0.79%
1999 -0.47%
1998 3.83%
1997 5.49%
1996 6.12%
1995 5.84%
1994 6.21%
1993 1.9%
1992 -6.72%
1991 -14.57%
Slovakia GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Slovakia's total economic output.
Indicator Last Value Prior Value Period
GDP $141.78B $133.9B 2024
GDP Growth Rate (QoQ) 0.2% 0.2% Jun'25
GDP Growth Rate (YoY) 0.6% 0.9% Jun'25
GDP per Capita $19,797.87 $19,381.25 2024
GDP per Capita PPP $40,346.57 $39,497.54 2024
R&D Expenditure (% GDP) 0.98% 0.92% 2022
Real GDP $107.35B $105.18B 2024