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Slovak Republic Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

183.27% +12.05% (+7.0%)
Year 2025 Rank #12 Global Peak 204.06% (2022) Source World Bank

Slovak Republic Trade Openness (1990–2025)

Overview

Slovak Republic's trade openness stood at 183.27% in 2025, a rise of +12.05% from 2024. Based on recent trends, this figure is projected to reach 183.27% by 2025. Slovak Republic ranked 12th globally.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 184.62% - -
2026* trend 183.94% - -
2025* trend 183.27% - -
2025 183.27% +12.05% #12
2024 171.21% −10.18% #150
2023 181.39% −22.67% #163
2022 204.06% +22.08% #172
2021 181.98% +14.45% #171
2020 167.53% −16.19% #174
2019 183.72% −5.01% #174
2018 188.73% +2.09% #176
2017 186.64% +3.89% #175
2016 182.76% +3.33% #175
2015 179.43% +2.67% #174
2014 176.76% −4.15% #173
2013 180.90% +3.93% #171
2012 176.97% +7.79% #169
2011 169.18% +14.07% #169
Show all years (1990-2025)
* 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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Slovak Republic's trade openness?

Slovak Republic's trade openness was 183.27% in 2025. Ranked 12th globally. This represents a 7.0% increase from the previous year.

What was the highest trade openness in Slovak Republic?

Slovak Republic's trade openness peaked at 204.06% in 2022.

What was the lowest trade openness in Slovak Republic?

The lowest trade openness in Slovak Republic was 56.47% in 1990.

How does Slovak Republic rank in trade openness?

Slovak Republic ranks 12th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Slovak Republic in 2025?

Slovak Republic's trade openness is projected to reach 183.27% by 2025 based on trend extrapolation.

What is the trade openness of Slovak Republic in 2025?

The trade openness of Slovak Republic in 2025 was 183.27%. This ranks 12th in the world.

Cite this page

APA
Slovak Republic Trade Openness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/slovak-republic/trade-openness
BibTeX
@misc{historysaid_slovak-republic_trade-openness, title = {Slovak Republic Trade Openness}, url = {https://historysaid.com/slovak-republic/trade-openness}, publisher = {HistorySaid}, year = {2026} }