Slovakia's current account deficit rose to EUR 631 million in March of 2020 from EUR 91.5 million in the same month a year earlier. The goods balance swung to a gap of EUR 440.5 million from a surplus of EUR 118.8 million in March of 2019 and the primary income shortfall widened to EUR 184.7 million from EUR 168.1 million. On the other hand, the services surplus advanced to EUR 78.6 million from EUR 57.6 million and the secondary income deficit narrowed to EUR 84.4 million from EUR 99.8 million.
Current Account in Slovakia averaged -187.16 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 June of 2020.
Current Account in Slovakia is expected to be -400.00 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.