Structural Reforms and Economic Outlook of Slovakia slide image

Structural Reforms and Economic Outlook of Slovakia

18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2004 Unemployment Rate Increased Due to Crisis ✓ The unemployment rate declined towards historical minimum in 2019 ✓ However, the pandemic naturally caused an increase in unemployment, in line with Eurozone peers 2005 2006 2007 2008 2009 2010 Belgium ⚫Slovakia Unemployment Evolution versus Peers 2011 2012 2013 2014 * Data for 2020 for other countries is not available yet, but an increase in the unemployment rate is also expected in those countries. 2015 Euro area - 19 countries (from 2015) H 13 2016 Finland 2017 2018 2019 7.9 7.8 2020 Source: Eurostat 5.6 6.7 ARDAL
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