Slovakia Poverty Rate
Slovakia's poverty rate rose to 0.7% in 2022, up from 0.3% in 2021, according to World Bank. This represents an increase of 0.4% from the previous year. Slovakia has poverty rate lower than the global median (0.70% vs median 1.90%). Compared with the median in Europe, Slovakia is higher (0.70% vs regional median 0.30%) and ranks 12th out of 41 countries in Europe.
Slovakia's annual unemployment rate fell to 5.23% in 2024, down from 5.84% in 2023.
Yearly Historical Data (1992-2022)
(in %)Slovakia Poverty Rate : Definition
Poverty Rate measures the percentage of people in Slovakia living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).