Slovakia GDP Trends from 1993 to 2024: A overall increase with some decline Flow

Slovakia's GDP changed from approximately $13B 726M in 1993 to $140B 808M in 2024, showing an overall 925.8% sharply increased during the period.
The lowest GDP was recorded in 1993 at $13B 726M, and the highest in 2024 at $140B 808M.
Over the 31-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 7.8%.
For comparison, the average annual growth rate of Czech Republic was 6.0%, and that of Hungary was 5.3%.

Overview of Slovakia's GDP (1993–2024)

The Gross Domestic Product (GDP) of Slovakia recorded a 925.8% sharply increased from 1993 to 2024.
The average GDP during this period was $69B 933M, and the median was $89B 106M.
GDP fluctuated within a range of $127B 82M, with a standard deviation of $40B 523M.
The average annual change was $4B 136M.


Slovakia GDP from 1993 to 2024

The total market value of goods and services produced annually in Slovakia.

Change Chart

    Highest and Lowest GDP Records

    • Lowest GDP: 1993, $13B 726M
    • Highest GDP: 2024, $140B 808M
    • Most Recent GDP: 2024, $140B 808M

    Notable Annual GDP Changes

    • 2008: Significant increase in GDP
    • 2015: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Slovakia's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $105B 723M → $106B 646M
    • Outcome: remained stable

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $77B 239M → $89B 302M
    • Outcome: sharply increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $20B 730M → $21B 421M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $21B 927M → $22B 825M
    • Outcome: increased

    Key Economic Indicators of Slovakia (1993–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1993
    $ 13B 726M
    $ 2,571.86
    $ 8,240.20
    $ 43B 978M
    0 %
    -4.746 %
    20.05 %
    0 %
    5M 337K people
    1994
    $ 15B 838M
    $ 2,950.87
    $ 8,888.36
    $ 47B 704M
    6.206 %
    4.193 %
    25.70 %
    0 %
    5M 367K people
    1995
    $ 20B 34M
    $ 3,711.96
    $ 9,734.61
    $ 52B 539M
    7.872 %
    2.686 %
    26.14 %
    -2.198 %
    5M 397K people
    1996
    $ 21B 659M
    $ 4,004.76
    $ 10,578.93
    $ 57B 214M
    6.941 %
    -9.667 %
    23.96 %
    -8.254 %
    5M 408K people
    1997
    $ 21B 927M
    $ 4,076.51
    $ 11,301
    $ 60B 787M
    4.445 %
    -8.8 %
    26.18 %
    -4.459 %
    5M 379K people
    1998
    $ 22B 825M
    $ 4,236.59
    $ 11,874.59
    $ 63B 976M
    4.076 %
    -9.573 %
    24.89 %
    -3.3 %
    5M 388K people
    1999
    $ 20B 867M
    $ 3,869.05
    $ 12,017.07
    $ 64B 813M
    -0.106 %
    -4.466 %
    24.80 %
    -4.385 %
    5M 393K people
    2000
    $ 20B 730M
    $ 3,839.79
    $ 12,420.51
    $ 67B 54M
    1.167 %
    -3.083 %
    23.91 %
    -9.538 %
    5M 399K people
    2001
    $ 21B 421M
    $ 3,982.45
    $ 13,161.87
    $ 70B 795M
    3.254 %
    -7.979 %
    22.74 %
    -4.104 %
    5M 379K people
    2002
    $ 24B 888M
    $ 4,626.83
    $ 13,968.73
    $ 75B 137M
    4.51 %
    -7.603 %
    22.53 %
    -5.256 %
    5M 379K people
    2003
    $ 34B 85M
    $ 6,341.55
    $ 15,039.24
    $ 80B 834M
    5.499 %
    -4.893 %
    20.82 %
    -1.461 %
    5M 375K people
    2004
    $ 43B 190M
    $ 8,040.08
    $ 16,267.92
    $ 87B 389M
    5.279 %
    -5.85 %
    20.55 %
    -0.873 %
    5M 372K people
    2005
    $ 49B 116M
    $ 9,141.85
    $ 17,886.68
    $ 96B 99M
    6.624 %
    -7.287 %
    22.42 %
    -1.747 %
    5M 373K people
    2006
    $ 57B 492M
    $ 10,700.34
    $ 20,003.38
    $ 107B 477M
    8.493 %
    -7.026 %
    21.72 %
    -2.69 %
    5M 373K people
    2007
    $ 77B 239M
    $ 14,374.87
    $ 22,769.74
    $ 122B 346M
    10.832 %
    -4.8 %
    23.50 %
    -1.101 %
    5M 373K people
    2008
    $ 97B 170M
    $ 18,074.64
    $ 24,488.99
    $ 131B 654M
    5.574 %
    -6.358 %
    21.71 %
    -1.605 %
    5M 376K people
    2009
    $ 89B 302M
    $ 16,591.52
    $ 23,268.38
    $ 125B 240M
    -5.455 %
    -3.443 %
    17.12 %
    -7.038 %
    5M 382K people
    2010
    $ 91B 237M
    $ 16,925.87
    $ 25,095.68
    $ 135B 276M
    6.717 %
    -4.629 %
    19.87 %
    -6.359 %
    5M 390K people
    2011
    $ 99B 905M
    $ 18,526.88
    $ 26,287.78
    $ 141B 755M
    2.671 %
    -4.872 %
    20.93 %
    -2.952 %
    5M 392K people
    2012
    $ 94B 684M
    $ 17,519.97
    $ 27,010.31
    $ 145B 972M
    1.319 %
    0.929 %
    21.31 %
    -2.764 %
    5M 404K people