Slovak Republic Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Slovak Republic's trade balance was $-985.3M in 2025, ranked 103rd globally. This represents a 184.4% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Slovak Republic's trade balance stood at $-985.3M in 2025, a decline of +$638.8M from 2024. Based on recent trends, this figure is projected to reach $-985.3M by 2025. Slovak Republic ranked 103rd globally.
The Slovak Republic's trade balance has experienced significant fluctuations over the past three decades, with a notable peak of 4,812,877,978.41 in 2013 and a record low of -6,856,486,032.87 in 2022. The country's trade balance has consistently ranked among the bottom globally, with a current deficit of -985,260,771.19. This value is comparable to that of Vanuatu, which ranks slightly higher. The Slovak Republic's trade balance has been affected by its integration into the European Union, which has led to increased trade with other EU member states, but also resulted in a widening trade deficit. The significant decline in trade balance since 2013 suggests that the country's economy has faced challenges in maintaining its export competitiveness. A shift in global trade policies or a strengthening of the euro could potentially alter the trajectory of the Slovak Republic's trade balance.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $-1.0B | - | - |
| 2026* trend | $-1.0B | - | - |
| 2025* trend | $-985.3M | - | - |
| 2025 | $-985.3M | −$638.8M | #103 |
| 2024 | $-346.4M | −$2.5B | #78 |
| 2023 | $2.1B | +$9.0B | #115 |
| 2022 | $-6.9B | −$6.3B | #35 |
| 2021 | $-549.2M | −$1.7B | #77 |
| 2020 | $1.1B | +$1.2B | #127 |
| 2019 | $-36.4M | −$1.2B | #104 |
| 2018 | $1.2B | −$14.7M | #129 |
| 2017 | $1.2B | −$476.4M | #123 |
| 2016 | $1.7B | −$63.5M | #138 |
| 2015 | $1.7B | −$2.4B | #142 |
| 2014 | $4.2B | −$618.5M | #146 |
| 2013 | $4.8B | +$219.9M | #141 |
| 2012 | $4.6B | +$4.5B | #138 |
| 2011 | $87.8M | +$950.0M | #114 |
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 trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Slovak Republic's trade balance was $-985.3M in 2025. Ranked 103rd globally. This represents a 184.4% decrease from the previous year.
Slovak Republic's trade balance peaked at $4.8B in 2013.
The lowest trade balance in Slovak Republic was $-6.9B in 2022.
Slovak Republic ranks 103rd globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Slovak Republic's trade balance is projected to reach $-985.3M by 2025 based on trend extrapolation.
The trade balance of Slovak Republic in 2025 was $-985.3M. This ranks 103rd in the world.
Cite this page
@misc{historysaid_slovak-republic_trade-balance,
title = {Slovak Republic Trade Balance},
url = {https://historysaid.com/slovak-republic/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}