Macro - Country Economic Forecasts - Slovak Republic
We have maintained our 2024 GDP growth forecast for Slovakia at 2%, as we still expect domestic demand and government spending will drive the expansion. However, we have lowered our growth forecast for 2025 by 0.3ppts to 1.7%, reflecting weaker growth in the eurozone and the resulting softer demand for Slovakia's exports. We see the risks to growth as skewed to the downside due to shaky consumer fundamentals and the need for fiscal consolidation.
- Slovakia: Weaker external backdrop will result in slower growth
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Medium-term outlook
- Economic risk
- Economic risk evaluation
- Risk warnings
- What to watch out for
- Exposure to key global risks
- Background
- Economic development
- Structure of the economy
- Balance of payments and structure of trade
- Politics and policy
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