Structural Reforms For Long-Term Development
Slovakia - A top performer among EZ countries
ARDAL
Slovakia's growth at more than double the euro area average compares favorably with most peers
ā Convergence is almost complete for the unemployment and inflation rates
ā A healthy and competitive external sector suggests a high growth potential for the country
Slovakia's public debt ratio is among the region's lowest at almost half the euro area average and the country has a
strong commitment to keep the ratio below 50% of GDP
2019e
Real GDP growth (%)
Inflation - HICP (%)
Unemployment rate (%)
Current Account Balance (% of GDP)
Slovakia
Belgium
Finland
Eurozone
4.1
1.3
1.9
1.3
2.5
1.9
1.4
1.4
6.3
6.1
7.2
7.9
1.2
1.1
1.1
3.6
-0.3
-1.1
-0.2
-0.8
-0.8
-1.3
-0.6
-1.0
Budget Balance (% of GDP)
Structural Budget Balance (% of pot. GDP)
General Government Gross Debt (% of GDP)
Source: EC Autumn Forecast 2018, EC Winter Forecast 2019 for GDP growth and inflation
+
6
46.4
99.8
58.5
84.9View entire presentation