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.