Slovakia's current account deficit widened sharply to EUR 1,024 million in September 2022, the largest since June 2008, from EUR 361 million in the same period last year. The goods deficit increased to EUR 690 million from EUR 260 million a year earlier, while the services account posted a EUR 23 million gap, compared to a surplus of EUR 105 million. In addition, the primary income deficit rose to EUR 187 million from EUR 127 million a year ago, and the secondary income gap moved up to EUR 125 million from EUR 110 million. Considering January to September, the current account deficit widened to EUR 5.9 billion from EUR 1.3 billion in the same period of 2021. source: National Bank of Slovakia

Current Account in Slovakia averaged -188.75 EUR Million from 1997 until 2022, reaching an all time high of 431.50 EUR Million in February of 2013 and a record low of -1470.00 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 November of 2022.

Current Account in Slovakia is expected to be -650.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Current Account is projected to trend around -400.00 EUR Million in 2023 and 200.00 EUR Million in 2024, according to our econometric models.

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Slovakia Current Account



Calendar GMT Actual Previous Consensus TEForecast
2022-10-20 07:00 AM Aug €-542.2M €-370.9M €-440M
2022-11-22 08:10 AM Sep €-1024M €-726M €-380M
2022-12-16 12:00 PM Oct €-1024M €-630M


Related Last Previous Unit Reference
Current Account -1024.20 -725.90 EUR Million Sep 2022
Current Account to GDP -2.00 0.40 percent of GDP Dec 2021
Foreign Direct Investment 1794.40 405.80 EUR Million Sep 2022

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).
Actual Previous Highest Lowest Dates Unit Frequency
-1024.20 -725.90 431.50 -1470.00 1997 - 2022 EUR Million Monthly
Current Prices, NSA

News Stream
Slovakia Posts Largest Current Account Gap Since 2008
Slovakia's current account deficit widened sharply to EUR 1,024 million in September 2022, the largest since June 2008, from EUR 361 million in the same period last year. The goods deficit increased to EUR 690 million from EUR 260 million a year earlier, while the services account posted a EUR 23 million gap, compared to a surplus of EUR 105 million. In addition, the primary income deficit rose to EUR 187 million from EUR 127 million a year ago, and the secondary income gap moved up to EUR 125 million from EUR 110 million. Considering January to September, the current account deficit widened to EUR 5.9 billion from EUR 1.3 billion in the same period of 2021.
2022-11-22
Slovakia Current Account Deficit Widens in August
Slovakia's current account deficit increased to EUR 542.2 million in August of 2022 from EUR 334.8 million in the corresponding month of the previous year. The goods gap slightly rose to EUR 281.4 million from EUR 264.5 million a year earlier while the services surplus shrank to EUR 10.4 million from EUR 104.6 million. Additionally, the primary income deficit rose to EUR 172.5 million from EUR 102.7 million and the secondary income gap went up to EUR 98.7 million from EUR 72.2 million.
2022-10-20