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Slovak Republic – Trade Balance

External balance on goods and services in current US dollars. Positive values indicate a trade surplus; negative values indicate a deficit. · World Bank
$-346.4M −$2.5B from 2023 Global rank: 78th · all-time high: $4.8B (2013)

Slovak Republic's trade balance was $-346.4M in 2024, a decrease of +$2.5B from $2.1B in 2023. This ranked 78th globally. The all-time high was $4.8B in 2013.

APA

Slovak Republic Trade Balance. HistorySaid. Retrieved March 12, 2026, from https://historysaid.com/slovak-republic/trade-balance

BibTeX

@misc{historysaid_slovak-republic_trade-balance,
  title = {Slovak Republic Trade Balance},
  url = {https://historysaid.com/slovak-republic/trade-balance},
  publisher = {HistorySaid},
  year = {2026}
}
Data & Projection
Slovak Republic Trade Balance – Historical Data
YearValueChangeRank
2027* trend $-1.0B
2026* trend $-1.0B
2025* trend $-985.3M
2024 $-346.4M −$2.5B 78th
2023 $2.1B +$9.0B 115th
2022 $-6.9B −$6.3B 35th
2021 $-549.2M −$1.7B 77th
2020 $1.1B +$1.2B 127th
2019 $-36.4M −$1.2B 104th
2018 $1.2B −$14.7M 129th
2017 $1.2B −$476.4M 123rd
2016 $1.7B −$63.5M 138th
2015 $1.7B −$2.4B 142nd
Show all years (1990–2024)
* Linear trend extrapolation from last 5 data points
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%
This pattern occurred 682 times in history, 460 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
+12.6%
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%
Reserves YoY
+20.1%
GDP growth
2.8%
C/A balance
3.3%
HistorySaid – pattern alert

Slovak Republic matched the Export Boom Cycle pattern in 2014. Historically, 67% of countries showing this pattern (460 out of 682) saw trade balance improve within 24 months. View full analysis →