Slovak Republic Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Slovak Republic's credit to gdp was 59.03% in 2025, ranked 49th globally. This represents a 1.0% decrease from 2024. Data from World Bank, covering 2006–2025.
Overview
Slovak Republic's credit to gdp stood at 59.03% in 2025, a decline of +0.62% from 2024. Based on recent trends, this figure is projected to reach 59.03% by 2025. Slovak Republic ranked 49th globally.
The Slovak Republic's credit to GDP ratio has exhibited a notable upward trend over the past two decades, with a significant increase from its all-time trough of 33.76 in 2006 to an all-time peak of 66.74 in 2022. Since then, the ratio has declined, standing at 59.03 in 2025, ranking the country 49th globally. A comparison with its peer countries reveals that the Slovak Republic's current ratio is relatively close to that of Tunisia, which has a ratio of 59.53. This increase in credit to GDP suggests a growing reliance on debt financing in the Slovak economy. The recent decline from the peak may be a response to concerns about debt sustainability, but the trend is expected to continue, driven by the country's ongoing economic development and potential policy responses to the European economic landscape. A significant shift in monetary policy or a major economic downturn in the European Union could alter the trajectory of the Slovak Republic's credit to GDP ratio.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 55.90% | - | - |
| 2026* trend | 57.47% | - | - |
| 2025* trend | 59.03% | - | - |
| 2025 | 59.03% | −0.62% | #49 |
| 2024 | 59.65% | −1.81% | #81 |
| 2023 | 61.46% | −5.28% | #104 |
| 2022 | 66.74% | +1.63% | #115 |
| 2021 | 65.11% | −0.54% | #113 |
| 2020 | 65.65% | +3.18% | #110 |
| 2019 | 62.46% | +1.02% | #121 |
| 2018 | 61.44% | +1.56% | #121 |
| 2017 | 59.88% | +3.21% | #121 |
| 2016 | 56.67% | +4.34% | #113 |
| 2015 | 52.33% | +2.83% | #103 |
| 2014 | 49.50% | +1.82% | #100 |
| 2013 | 47.69% | +1.53% | #100 |
| 2012 | 46.16% | +0.15% | #96 |
| 2011 | 46.01% | +1.66% | #97 |
Detected Pattern
Analysis
Slovak Republic matched the Export Boom Cycle pattern in 2014. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Slovak Republic's credit to gdp was 59.03% in 2025. Ranked 49th globally. This represents a 1.0% decrease from the previous year.
Slovak Republic's credit to gdp peaked at 66.74% in 2022.
The lowest credit to gdp in Slovak Republic was 33.76% in 2006.
Slovak Republic ranks 49th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Slovak Republic's credit to gdp is projected to reach 59.03% by 2025 based on trend extrapolation.
The credit to gdp of Slovak Republic in 2025 was 59.03%. This ranks 49th in the world.
Cite this page
@misc{historysaid_slovak-republic_credit-to-gdp,
title = {Slovak Republic Credit to GDP},
url = {https://historysaid.com/slovak-republic/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}