Home Slovak Republic Economy & Growth Services Value Added

Slovak Republic Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

60.30% +0.34% (+0.6%)
Year 2025 Rank #79 Global Peak 60.62% (2022) Source World Bank

Slovak Republic Services Value Added (1995–2025)

Overview

Slovak Republic's services value added stood at 60.30% in 2025, a rise of +0.34% from 2024. Based on recent trends, this figure is projected to reach 60.30% by 2025. Slovak Republic ranked 79th globally.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 60.47% - -
2026* trend 60.38% - -
2025* trend 60.30% - -
2025 60.30% +0.34% #79
2024 59.96% −0.06% #106
2023 60.03% −0.60% #117
2022 60.62% +0.50% #130
2021 60.13% +0.64% #124
2020 59.49% +0.83% #111
2019 58.66% −0.38% #114
2018 59.03% −0.68% #118
2017 59.71% +0.28% #122
2016 59.43% +1.34% #113
2015 58.09% +0.28% #107
2014 57.81% −2.66% #114
2013 60.47% +1.44% #127
2012 59.03% +0.71% #122
2011 58.33% −0.86% #121
Show all years (1995-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.7% GDP growth 2.7% C/A balance 1.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Slovak Republic matched the Export Boom Cycle pattern in 2014. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Slovak Republic's services value added?

Slovak Republic's services value added was 60.30% in 2025. Ranked 79th globally. This represents a 0.6% increase from the previous year.

What was the highest services value added in Slovak Republic?

Slovak Republic's services value added peaked at 60.62% in 2022.

What was the lowest services value added in Slovak Republic?

The lowest services value added in Slovak Republic was 53.62% in 2006.

How does Slovak Republic rank in services value added?

Slovak Republic ranks 79th globally in services value added as of 2025.

What is the World Bank indicator code for services value added?

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of Slovak Republic in 2025?

Slovak Republic's services value added is projected to reach 60.30% by 2025 based on trend extrapolation.

What is the services value added of Slovak Republic in 2025?

The services value added of Slovak Republic in 2025 was 60.30%. This ranks 79th in the world.

Cite this page

APA
Slovak Republic Services Value Added. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/slovak-republic/services-value-added
BibTeX
@misc{historysaid_slovak-republic_services-value-added, title = {Slovak Republic Services Value Added}, url = {https://historysaid.com/slovak-republic/services-value-added}, publisher = {HistorySaid}, year = {2026} }