Slowakei BIP Veränderung zum Vorjahr

Slovakia’s economy advanced by 1.8% year-on-year in the fourth quarter of 2024, matching preliminary estimates and up from a nearly two-year low of 1.2% growth in the previous period. It was the seventh consecutive period of expansion, as net trade contributed positively to the GDP, with exports stalling while imports falling by 0.1%. Additionally, household consumptions increased faster (2.7% vs 1.5%), as well as government spending (2.1% vs 0.9%). Meanwhile, gross fixed capital formation declined further (-11.5% vs -8%). On a seasonally adjusted quarterly basis, the economy rose by 0.5% in Q4, following a 0.3% increase in the prior period. Considering the full year of 2024, the GDP expanded by 2%, the fastest in three years, up from a 1.6% rise last year.