Public Debt in Slovakia
Slovakia - Public DebtGDP growth improved in the first quarter of this year. The acceleration was spearheaded by stronger domestic demand: Eased Covid-19 restrictions pushed up average annual retail sales growth to 16.0% in Q1 from 2.4% in Q4, pointing to healthier private spending growth. Less positively, the external sector weakened in Q1, weighing on the overall result. Turning to Q2, available data paints a mixed picture. Both business and consumer confidence improved in April, suggesting that private sector was broadly resilient to a slowing global economy and supply bottlenecks arising from the war in Ukraine and lockdowns in China. That said, inflation shot up to a record high in April and will likely remain at all-time highs in the coming months, in turn hurting household consumption in Q2. Meanwhile, on 23 May, S&P Global Ratings slashed the outlook of Slovakia’s A+ rating from stable to negative.
Slovakia - Public Debt Data
|Public Debt (% of GDP)||51.9||52.0||51.3||49.4||48.0|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.13||-4.12 %||Dec 31|
|Exchange Rate||1.12||0.65 %||Dec 31|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
August 16, 2022
Flash GDP data shows that year-on-year growth almost halved in Q2, coming in at 1.7%, compared to the 3.1% increase in Q1.
August 15, 2022
Consumer prices rose 0.80% in July over the previous month, slowing down from June's 1.20% increase.
August 10, 2022
Industrial production shrank 5.7% year on year in June (May: +1.1% yoy).
July 21, 2022
Industrial output rose 1.1% compared to the same month of the previous year in May, which contrasted April's 9.6% decrease.
July 21, 2022
Consumer prices rose 1.20% over the previous month in June, coming in below May's 1.60% rise.