Structural Reforms and Economic Outlook of Slovakia
8%
4%
0%
-4%
-8%
-12%
Economic Outlook - Better than EU Average
ARDAL
The decline in Slovakia's real GDP growth in 2020 was milder than the EU average and the euro area average
ā Second half of 2020 saw strong recovery mainly due to resilient manufacturing production and strong exports
ā Outlook for 2021 is better than the EU and euro area average
Real GDP Growth in 2020
Ireland
Lithuania
Luxembourg
Denmark
Poland
Sweden
Finland
Estonia
Latvia
Netherlands
Romania
Bulgaria
Slovenia
Germany
Slovakia
Hungary
Cyprus
Czechia
EU27
Belgium
Austria
Euro area
Portugal
8%
6%
4%
do do ou ove do
2%
0%
Expected Real GDP Growth in 2021
Il l l l l l l l l l T
Romania
Ireland
Hungary
Spain
France
Slovenia
Malta
Belgium
Croatia
Italy
Estonia
Slovakia
Luxembo.
Poland
Euro area
Sweden
Bulgaria
EU27
Cyprus
Greece
12
+
Latvia
Austria
Germany
Netherlands
France
Croatia
Greece
Czechia
Portugal
Lithuania
Malta
Denmark
Italy
Finland
Spain
Source: Eurostat, European Commission Summer 2021 ForecastView entire presentation