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Slovak Republic Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

Slovak Republic's unemployment rate was 5.36% in 2025, ranked 97th globally. This represents a 0.1% decrease from 2024. Data from World Bank, covering 1991–2025.

5.36% −0.01pp (-0.1%)
Year 2025 Rank #97 Global Peak 19.15% (2001) Source World Bank

Slovak Republic Unemployment Rate (1991–2025)

Overview

Slovak Republic's unemployment rate stood at 5.36% in 2025, a decline of +0.01pp from 2024. The IMF projects 5.50% by 2025. Slovak Republic ranked 97th globally.

The Slovak Republic's unemployment rate has exhibited significant fluctuations over the past 35 years, with the economy experiencing its most pronounced downturn in 2001, when the rate peaked at 19.15%. This period coincided with the country's transition to a market-based economy after gaining independence from Czechoslovakia. Since then, the unemployment rate has shown a steady decline, reaching a record low of 5.30% in 2024, before edging up to 5.36% in 2025. In comparison, peer countries such as Fiji and Brunei Darussalam have also experienced declining unemployment rates, with Fiji's rate reaching 5.35% in 2025. The Slovak Republic's unemployment rate remains lower than its peak, but still ranks 97th globally. To continue its downward trajectory, the Slovak Republic would need to sustain economic growth, particularly in the labor-intensive sectors, to absorb any potential increase in the workforce.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 5.60% - -
2029* IMF 5.60% - -
2028* IMF 5.60% - -
2027* IMF 5.62% - -
2026* IMF 5.64% - -
2025* IMF 5.50% - -
2025 5.36% −0.01pp #97
2024 5.30% −0.53pp #101
2023 5.84% −0.34pp #112
2022 6.14% −0.67pp #116
2021 6.89% +0.24pp #112
2020 6.72% +0.99pp #102
2019 5.76% −0.76pp #107
2018 6.54% −1.53pp #116
2017 8.14% −1.52pp #127
2016 9.68% −1.80pp #137
2015 11.49% −1.61pp #148
2014 11.54% −2.61pp #146
2013 14.23% +0.32pp #159
2012 13.97% +0.37pp #159
2011 13.63% −0.77pp #158
Show all years (1991-2025)
* IMF World Economic Outlook projection

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 unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Slovak Republic's unemployment rate?▾

Slovak Republic's unemployment rate was 5.36% in 2025. Ranked 97th globally. This represents a 0.1% decrease from the previous year.

What was the highest unemployment rate in Slovak Republic?▾

Slovak Republic's unemployment rate peaked at 19.15% in 2001.

What was the lowest unemployment rate in Slovak Republic?▾

The lowest unemployment rate in Slovak Republic was 5.30% in 2024.

How does Slovak Republic rank in unemployment rate?▾

Slovak Republic ranks 97th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?▾

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Slovak Republic in 2025?▾

Slovak Republic's unemployment rate is projected to reach 5.50% by 2025 based on IMF projection.

What is the unemployment rate of Slovak Republic in 2025?▾

The unemployment rate of Slovak Republic in 2025 was 5.36%. This ranks 97th in the world.

Cite this page

APA
Slovak Republic Unemployment Rate. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/slovak-republic/unemployment-rate/
BibTeX
@misc{historysaid_slovak-republic_unemployment-rate, title = {Slovak Republic Unemployment Rate}, url = {https://historysaid.com/slovak-republic/unemployment-rate/}, publisher = {HistorySaid}, year = {2026} }
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