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Slovakia - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
46.238  
50.064  
Real GDP growth (constant prices)
5.0 % 
5.4 %
GDP per capita (USD)
8549.373  
9251.564  
Inflation rate
2.7 % 
2.7 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 24.2   32.7   41.1  
Real GDP growth (constant prices) 4.6 % 4.5 % 5.5 %
GDP per capita (USD) 4081   4254   4488  
Inflation rate 3.3 % 8.6 % 7.5 %
Unemployment rate 18.6%   17.5%   18.1%  
External debt (USD billion) 13   18   ..  
Slovakia Koruny rate on 12/31 (1 US$)   39.812   32.83   28.612  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 4.1%   3.7%   2.6%  
Industry and mining 28.6%   29.7%     29.3%  
Services 67.4%   66.6%     68.1%  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 4094   669   1122   55 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 16.6   22.6   ..  
Export of goods (f.o.b) 14.5   21.9   ..  
Trade balance -2.2   -0.6   ..  
Balance of payments -2.0   -0.3   ..  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 150.7%   157.6%   175.5%  
Share of imports in GDP 78.9%   79.5%   91.8%  
Share of exports in GDP 71.8%   78.0%   83.8%  
Imports of goods and services (percent change) 5.2%   13.8%   12.0%  
Exports of goods and services (percent change) 5.5%   22.6%   13.1%  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     22.6     21.9    
Agricultural raw materials 2%   2%  
Food products 5%   3%  
Hydrocarbons 12%   5%  
Manufactured products (chemicals, machines,...) 79%   88%  
Ores and metals 3%   2%  
Other goods -1%   0%  


2003 Imports Exports
Total Trade in Services (USD billion): 3   3  
Transport 30%   43%  
Tourisme 19%   26%  
Other services (insurance, financial services, telecommunications,...) 51%   31%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Germany   28.8%  
Czech Rep.   13.3%  
Austria   7.6%  
Italy   6.5%  
Poland   5.5%  

Main suppliers
(% of imports)
2004
Germany   23.9%  
Czech Rep.   13.2%  
Russian Federation   9.4%  
Italy   5.6%  
Europe EU, nes   4.7%  
Source : COMTRADE


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Last modified in October 2005
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