Slovak Republic Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Slovak Republic's inflation rate was 4.21% in 2025, ranked 57th globally. This represents a 52.8% increase from 2024. Data from World Bank, covering 1992–2025.
Overview
Slovak Republic's inflation rate stood at 4.21% in 2025, a rise of +1.46pp from 2024. The IMF projects 4.21% by 2025. Slovak Republic ranked 57th globally.
The Slovak Republic's inflation rate has exhibited a considerable range over the past three decades. At its peak in 1993, the country experienced an inflation rate of 23.29%, a period marked by post-communist economic transition. Conversely, the lowest recorded inflation rate was -0.52% in 2016, a unique instance of deflation in the country's economic history. Recent data indicates a moderate inflation rate of 4.21% as of 2025, ranking 57th globally. This is slightly higher than Iceland's 4.22%, but lower than Chile's 4.27%. The Slovak Republic's inflation rate has generally trended downwards since the 1990s. A sustained period of economic growth, coupled with prudent monetary policy, could potentially reinforce the downward trajectory of inflation in the country. However, a significant increase in global commodity prices or a sharp decline in the Slovak economy could upset this trend, necessitating a reevaluation of monetary policy.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 1.99% | - | - |
| 2029* IMF | 2.01% | - | - |
| 2028* IMF | 1.99% | - | - |
| 2027* IMF | 2.24% | - | - |
| 2026* IMF | 3.32% | - | - |
| 2025* IMF | 4.21% | - | - |
| 2025 | 4.21% | +1.46pp | #57 |
| 2024 | 2.76% | −8.21pp | #81 |
| 2023 | 10.53% | −1.60pp | #157 |
| 2022 | 12.77% | +9.95pp | #150 |
| 2021 | 3.15% | +1.14pp | #88 |
| 2020 | 1.94% | −0.83pp | #100 |
| 2019 | 2.66% | +0.13pp | #113 |
| 2018 | 2.51% | +1.12pp | #103 |
| 2017 | 1.31% | +1.78pp | #52 |
| 2016 | -0.52% | −0.19pp | #28 |
| 2015 | -0.33% | −0.23pp | #42 |
| 2014 | -0.08% | −1.53pp | #24 |
| 2013 | 1.40% | −2.33pp | #55 |
| 2012 | 3.61% | −0.47pp | #95 |
| 2011 | 3.92% | +3.22pp | #79 |
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 inflation rate improve within 24 months. View full analysis →
Frequently Asked Questions
Slovak Republic's inflation rate was 4.21% in 2025. Ranked 57th globally. This represents a 52.8% increase from the previous year.
Slovak Republic's inflation rate peaked at 23.29% in 1993.
The lowest inflation rate in Slovak Republic was -0.52% in 2016.
Slovak Republic ranks 57th globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Slovak Republic's inflation rate is projected to reach 4.21% by 2025 based on IMF projection.
The inflation rate of Slovak Republic in 2025 was 4.21%. This ranks 57th in the world.
Cite this page
@misc{historysaid_slovak-republic_inflation-rate,
title = {Slovak Republic Inflation Rate},
url = {https://historysaid.com/slovak-republic/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}