Slowakei BIP Veränderung zum Vorjahr

Slovakia's economy grew by 1.9% year-on-year in the second quarter of 2024, consistent with preliminary estimates and compared to a two-year high of 2.7% gain in the previous month. This marked the fourteenth consecutive period of economic expansion, though at the slowest pace since the first quarter of 2023, as domestic demand rose for the second consecutive time (5.4%), amid increased household consumption (2.5%) driven by falling inflation. Also, government spending climbed 4.8%. Moreover, gross capital formation saw a double digit growth rate at 15.4%, due to significant changes in inventories and lower investment activity. Meanwhile, net trade contributed negatively to the country's GDP, as imports (6%) rose faster than exports (2.5%). On a seasonally adjusted quarterly basis, the economy edged down to 0.4% in Q2 of 2024 from 0.7% growth in the previous period.