Slovak Republic Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Slovak Republic's government debt to gdp was 59.58% in 2025, ranked 77th globally. This represents a 4.1% increase from 2024. Data from IMF WEO, covering 1995–2025.
Overview
Slovak Republic's government debt to gdp stood at 59.58% in 2025, a rise of +2.34% from 2024. The IMF projects 59.58% by 2025. Slovak Republic ranked 77th globally.
The Slovak Republic's government debt to GDP ratio has fluctuated significantly over the past three decades, ranging from a trough of 21.31 in 1995 to a peak of 60.18 in 2021. The country's debt burden began to rise in the early 2000s, driven by increased expenditure and a growth in the public sector. The ratio has been relatively stable in recent years, standing at 59.58 in 2025, a level comparable to that of peer countries such as Panama and Costa Rica. The Slovak Republic's debt-to-GDP ratio is the 77th highest globally, a position that highlights the country's need to maintain fiscal discipline in order to reduce its reliance on external financing. A continued commitment to prudent fiscal policies will be necessary to stabilize the debt burden and improve the country's creditworthiness, while any significant economic downturn or increase in expenditure could exacerbate the debt trajectory.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 75.56% | - | - |
| 2029* IMF | 72.48% | - | - |
| 2028* IMF | 69.57% | - | - |
| 2027* IMF | 66.61% | - | - |
| 2026* IMF | 63.25% | - | - |
| 2025* IMF | 59.58% | - | - |
| 2025 | 59.58% | +2.34% | #77 |
| 2024 | 57.23% | +1.60% | #98 |
| 2023 | 55.64% | −2.07% | #98 |
| 2022 | 57.70% | −2.48% | #102 |
| 2021 | 60.18% | +1.78% | #101 |
| 2020 | 58.41% | +10.40% | #95 |
| 2019 | 48.01% | −1.26% | #92 |
| 2018 | 49.27% | −2.11% | #97 |
| 2017 | 51.38% | −0.75% | #103 |
| 2016 | 52.14% | +0.54% | #108 |
| 2015 | 51.60% | −1.79% | #113 |
| 2014 | 53.39% | −1.22% | #125 |
| 2013 | 54.61% | +2.92% | #133 |
| 2012 | 51.69% | +8.42% | #131 |
| 2011 | 43.27% | +2.62% | #116 |
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 government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Slovak Republic's government debt to gdp was 59.58% in 2025. Ranked 77th globally. This represents a 4.1% increase from the previous year.
Slovak Republic's government debt to gdp peaked at 60.18% in 2021.
The lowest government debt to gdp in Slovak Republic was 21.31% in 1995.
Slovak Republic ranks 77th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Slovak Republic's government debt to gdp is projected to reach 59.58% by 2025 based on IMF projection.
The government debt to gdp of Slovak Republic in 2025 was 59.58%. This ranks 77th in the world.
Cite this page
@misc{historysaid_slovak-republic_government-debt-to-gdp,
title = {Slovak Republic Government Debt to GDP},
url = {https://historysaid.com/slovak-republic/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}