Slovak Republic Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Slovak Republic's services value added was 60.30% in 2025, ranked 79th globally. This represents a 0.6% increase from 2024. Data from World Bank, covering 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.
The Slovak Republic's Services Value Added has demonstrated a gradual upward trend since 1995, with a notable increase in recent years. The indicator peaked at 60.62 in 2022, surpassing its current value of 60.30 in 2025. Conversely, the trough occurred in 2006, with a value of 53.62, reflecting a significant improvement in the sector's contribution to the economy. In comparison, Croatia's Services Value Added, a peer country, has maintained a higher value, reaching 60.83 in 2022. The Slovak Republic's Services Value Added has managed to surpass El Salvador's 2025 value of 60.70, and Jamaica's 2025 value of 60.25. With a coverage of 31 years, this indicator has provided a comprehensive view of the sector's growth. However, the recent trend reversal may indicate a slowdown in growth, and a decline in Services Value Added could be expected if the Slovak Republic's economic performance is not bolstered by structural reforms and investments in high-growth sectors.
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 |
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 services value added improve within 24 months. View full analysis →
Frequently Asked Questions
Slovak Republic's services value added was 60.30% in 2025. Ranked 79th globally. This represents a 0.6% increase from the previous year.
Slovak Republic's services value added peaked at 60.62% in 2022.
The lowest services value added in Slovak Republic was 53.62% in 2006.
Slovak Republic ranks 79th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Slovak Republic's services value added is projected to reach 60.30% by 2025 based on trend extrapolation.
The services value added of Slovak Republic in 2025 was 60.30%. This ranks 79th in the world.
Cite this page
@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}
}