Slovakia posted a current account gap of EUR 113 million in May of 2021, compared to a EUR 2 million surplus in the corresponding month of the previous year. The goods surplus narrowed sharply to EUR 5 million from EUR 108.9 million a year earlier and the services surplus went down to EUR 45.2 million from EUR 80.6 million. Also, the primary income deficit widened to EUR 115 million from EUR 110.8 million while the secondary income shortfall declined to EUR 48.2 million from EUR 76.7 million. source: National Bank of Slovakia

Current Account in Slovakia averaged -172.19 EUR Million from 1997 until 2021, 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 July of 2021.

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 -590.00 in 12 months time. In the long-term, the Slovakia Current Account is projected to trend around -590.00 EUR Million in 2022, according to our econometric models.

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Slovakia Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-113.00 -64.30 431.50 -1470.00 1997 - 2021 EUR Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-20 11:00 AM Feb €-117M €-178M
2021-05-21 11:00 AM Mar €264.9M €14.9M
2021-06-21 11:00 AM Apr €-77M €264.9M €220M
2021-07-20 11:00 AM May €-113M €-64.3M
2021-08-19 11:00 AM Jun
2021-09-17 09:30 AM Jul
2021-10-20 09:30 AM Aug
2021-11-19 12:00 PM Sep


News Stream
Slovakia Current Account Swings to Deficit in May
Slovakia posted a current account gap of EUR 113 million in May of 2021, compared to a EUR 2 million surplus in the corresponding month of the previous year. The goods surplus narrowed sharply to EUR 5 million from EUR 108.9 million a year earlier and the services surplus went down to EUR 45.2 million from EUR 80.6 million. Also, the primary income deficit widened to EUR 115 million from EUR 110.8 million while the secondary income shortfall declined to EUR 48.2 million from EUR 76.7 million.
2021-07-20
Slovakia Current Account Deficit Narrows in April
Slovakia’s current account deficit narrowed to EUR 77.0 million in April of 2021, from EUR 726.4 million in the corresponding month of the previous year. The goods trade account switched to an EUR 81.3 million surplus from a EUR 641.8 million deficit a year earlier, while the services surplus decreased to EUR 42.3 million, from EUR 78.5 million. At the same time, the primary income deficit shrank to 147.1 million, from a previous EUR 149.6 million, while the secondary income deficit widened to EUR 53.5 million, from EUR 13.4 million.
2021-06-21
Slovak Current Account Balance Swings to Deficit in February
Slovakia’s current account switched to a EUR 116.9 million deficit in February 2021, from a EUR 198.9 million surplus in the previous year. The primary income account slipped to a EUR 142.0 million deficit from a EUR 212.8 million surplus in the previous year, while the goods surplus expanded to EUR 170.9 million from EUR 5.8 million. Additionally, the services surplus shrank to EUR 34.9 million from EUR 83.2 million, and the secondary income deficit widened to EUR 180.7 million from EUR 102.8 million.
2021-04-20
Slovakia Current Account Gap Narrows in December
Slovakia’s current account deficit narrowed to EUR 186.3 million in December 2020, from EUR 251.3 million in the previous year. The goods balance switched to a EUR 23 million surplus from a EUR 159.3 million deficit in the previous year, while the primary income gap narrowed to EUR 146.6 million from EUR 220.7 million. On the other hand, the services surplus shrank to EUR 15.2 million from EUR 48.4 million, and the secondary income balance slipped to a EUR 77.9 million deficit from a EUR 80.3 million surplus. Considering full 2020, the current deficit narrowed to EUR 306.6 million, from EUR 2547.2 million in the previous year.
2021-02-22

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).