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Macro - Country Economic Forecasts - Slovak Republic

Publisher Oxford Economics
Published Aug 01, 2025
Length 7 Pages
SKU # OFE20317585

Description

We expect the Slovak economy to grow by only 1% this year, with half of that growth being carryover from 2024. The domestic and external sectors are both showing signs of weakness – domestically, the ongoing fiscal consolidation is weighing on consumer spending, while elevated uncertainty and tariffs are dampening fixed investment and exports. The situation should improve in 2026, when we expect Slovakia to grow by 1.9%, although this still lags CEE peers.

Table of Contents

7 Pages
Slovakia: Limited growth upside from the US-EU deal
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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