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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 %)
Year Poverty Rate (%)
2022 0.7%
2021 0.3%
2020 0.3%
2019 0.2%
2018 0.5%
2017 0.6%
2016 1.5%
2015 0.8%
2014 0.9%
2013 0.4%
2012 0.5%
2011 0.6%
2010 0.6%
2009 0.6%
2008 0.5%
2007 0.6%
2006 0.3%
2005 0.3%
2004 0.2%
1996 1.7%
1992 0%
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).