Slovakia's gross domestic product advanced by 2.1 percent from a year earlier in the fourth quarter of 2019, quickening from a 1.3 percent growth in the previous three-month period but slightly below market estimates of 2.3 percent, a preliminary estimate showed. On a seasonally adjusted quarter-on-quarter basis, the economy expanded 0.6 percent, the most in three quarters, compared to 0.4 percent in the previous period. Slovakia GDP Annual Growth Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
GDP Annual Growth Rate in Slovakia averaged 3.89 percent from 1996 until 2019, reaching an all time high of 13.50 percent in the fourth quarter of 2007 and a record low of -6 percent in the second quarter of 2009. This page provides - Slovakia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistical Office of the Slovak Republic
GDP Annual Growth Rate in Slovakia is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Slovakia to stand at 2.40 in 12 months time. In the long-term, the Slovakia GDP Annual Growth Rate is projected to trend around 2.70 percent in 2021, according to our econometric models.