Slovakia's current account deficit narrowed to EUR 93.2 million in August of 2020 from EUR 433.2 million in the corresponding month of the previous year. The secondary income shortfall went down to EUR 111.3 million from EUR 113.4 million a year earlier and the goods account posted a EUR 53.5 million surplus, compared to a EUR 326.3 million deficit in August 2019. On the other hand, the primary income gap widened to EUR 150.6 million from EUR 131.7 million and the services surplus shrank to EUR 115.2 million from EUR 138.2 million.

Current Account in Slovakia averaged -177.99 EUR Million from 1997 until 2020, reaching an all time high of 431.50 EUR Million in February of 2013 and a record low of -1470 EUR Million in December of 2005. This page provides - Slovakia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Current Account in Slovakia is expected to be -570.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Slovakia to stand at -570.00 in 12 months time. In the long-term, the Slovakia Current Account is projected to trend around -590.00 EUR Million in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Slovakia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-93.20 57.30 431.50 -1470.00 1997 - 2020 EUR Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-07-20 11:00 AM May €-101.2M €-666.9M € -20M
2020-08-19 11:00 AM Jun €400.6M €-0.2M € -400M
2020-09-18 09:30 AM Jul €39.8M €461.6M
2020-10-20 09:30 AM Aug €-93.2M €57.3M €250M
2020-11-19 12:00 PM Sep €-93.2M € -100M
2020-12-18 12:00 PM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Slovak Current Account Gap Shrinks in August
Slovakia's current account deficit narrowed to EUR 93.2 million in August of 2020 from EUR 433.2 million in the corresponding month of the previous year. The secondary income shortfall went down to EUR 111.3 million from EUR 113.4 million a year earlier and the goods account posted a EUR 53.5 million surplus, compared to a EUR 326.3 million deficit in August 2019. On the other hand, the primary income gap widened to EUR 150.6 million from EUR 131.7 million and the services surplus shrank to EUR 115.2 million from EUR 138.2 million.
2020-10-20
Slovak Current Account Swings to Surplus in June
Slovakia posted a EUR 401 million surplus in June 2020, compared to a EUR 284 million deficit in the same month last year, as the goods surplus widened sharply to EUR 536 million from EUR 66 million. Meanwhile, the services surplus declined to EUR 90 million from EUR 128 million, while the primary income deficit dropped to EUR 178 million from EUR 191 million and the secondary income gap was down to EUR 48 million from EUR 287 million.
2020-08-19
Slovak Current Account Gap Widens in May
Slovakia's current account deficit rose to EUR 101.2 million in May of 2020 from EUR 81.8 million in the same month a year earlier. The primary income gap widened to EUR 181.4 million from EUR 142.9 million in May of 2019 and the secondary income shortfall advanced to EUR 78.9 million from EUR 46.8 million. In addition, the services surplus narrowed to EUR 29.1 million from EUR 129.8 million. On the other hand, the goods account posted a surplus of EUR 130 million, swinging from a EUR 21.9 million gap.
2020-07-20
Slovakia Current Account Gap Widens Sharply in April
Slovakia's current account deficit rose to EUR 788.9 million in April of 2020 from EUR 298.7 million in the same month a year earlier. The goods shortfall widened to EUR 552.1 million from EUR 232 million in April of 2019 and the secondary income account recorded a EUR 106.4 million gap, switching from a EUR 13.9 million surplus. Also, the services surplus narrowed to EUR 15.7 million from EUR 125.2 million while the primary income gap fell to EUR 146.1 million from EUR 205.9 million.
2020-06-19

Slovakia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).