Macro - Country Economic Forecasts - Slovak Republic

Macro - Country Economic Forecasts - Slovak Republic



We have maintained our 2024 GDP growth forecast for Slovakia at 1.5%. The economy grew steadily in 2023 despite the drag from high inflation and tight monetary policy. We expect economic activity will gradually gain pace in 2024 as domestic and external demand slowly improve. We think growth should pick up more meaningfully in 2025, when we expect Slovakia's GDP to grow by 2.8% owing to a solid carryover of momentum from this year.


Slovakia: Sluggish momentum both home and abroad
Forecast overview
Recent developments
Short-term Outlook
Key drivers of our Short-term Forecast
Medium-term Outlook
Economic risk
Economic risk evaluation
risk warnings
What to watch out for
Exposure to Key global risks
Background
Economic development
Structure of the Economy
Balance of payments and Structure of trade
politics and Policy

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