Slovak Republic Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Slovak Republic's current account balance was -2.89% in 2025, ranked 112th globally. This represents a 37.4% increase from 2024. Data from World Bank, covering 1993–2025.
Overview
Slovak Republic's current account balance stood at -2.89% in 2025, a rise of +1.73% from 2024. The IMF projects -2.89% by 2025. Slovak Republic ranked 112th globally.
The Slovak Republic's Current Account Balance has exhibited significant fluctuations over the past three decades. At its peak in 1994, the country's balance stood at 3.28, however, this has not been sustained and it has fallen to -2.89 in 2025, ranking 112 globally. The balance has experienced a particularly sharp decline, with a trough of -9.61 in 2022, indicating a substantial trade deficit. This is in contrast to peer countries such as Kenya, which has maintained a relatively stable balance, albeit in the red, at -2.81. The Slovak Republic's trade dynamics are likely influenced by its integration into the European Union and the resultant exposure to global markets. A stabilization of the euro and a potential rebound in global trade could positively impact the Slovak Republic's Current Account Balance, potentially altering its trajectory and leading to a reduction in its deficit.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -0.95% | - | - |
| 2029* IMF | -1.26% | - | - |
| 2028* IMF | -1.72% | - | - |
| 2027* IMF | -2.13% | - | - |
| 2026* IMF | -2.54% | - | - |
| 2025* IMF | -2.89% | - | - |
| 2025 | -2.89% | +1.73% | #112 |
| 2024 | -4.61% | −2.94% | #51 |
| 2023 | -3.02% | +6.60% | #77 |
| 2022 | -9.61% | −4.78% | #36 |
| 2021 | -4.79% | −4.33% | #64 |
| 2020 | -0.44% | +3.09% | #115 |
| 2019 | -3.51% | −1.88% | #70 |
| 2018 | -1.59% | +0.14% | #115 |
| 2017 | -1.72% | −0.26% | #105 |
| 2016 | -1.42% | +0.65% | #124 |
| 2015 | -2.05% | −3.79% | #109 |
| 2014 | 1.78% | −1.16% | #144 |
| 2013 | 2.91% | +1.98% | #155 |
| 2012 | 0.94% | +5.82% | #137 |
| 2011 | -4.92% | −0.29% | #82 |
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 current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Slovak Republic's current account balance was -2.89% in 2025. Ranked 112th globally. This represents a 37.4% increase from the previous year.
Slovak Republic's current account balance peaked at 3.28% in 1994.
The lowest current account balance in Slovak Republic was -9.61% in 2022.
Slovak Republic ranks 112th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Slovak Republic's current account balance is projected to reach -2.89% by 2025 based on IMF projection.
The current account balance of Slovak Republic in 2025 was -2.89%. This ranks 112th in the world.
Cite this page
@misc{historysaid_slovak-republic_current-account,
title = {Slovak Republic Current Account Balance},
url = {https://historysaid.com/slovak-republic/current-account/},
publisher = {HistorySaid},
year = {2026}
}