Current account balance (credit less debit), Net (credits less) in Slovakia
Slovakia: Current account balance (credit less debit), Net (credits less) was -6.50 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Slovakia, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Slovakia stood at -6.50 billion.
The figure is down 61.3% on the previous year and down 460.0% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Slovakia peaked at 2.89 billion in 2013 and was at its lowest, -11.13 billion, in 2022.
Slovakia ranks 180th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Slovakia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -5.13 billion | — |
| 2006 | -5.45 billion | +6.4% |
| 2007 | -4.63 billion | -15.0% |
| 2008 | -6.27 billion | +35.3% |
| 2009 | -3.02 billion | -51.8% |
| 2010 | -4.21 billion | +39.4% |
| 2011 | -4.91 billion | +16.6% |
| 2012 | 889.41 million | -118.1% |
| 2013 | 2.89 billion | +224.4% |
| 2014 | 1.81 billion | -37.4% |
| 2015 | -1.83 billion | -201.2% |
| 2016 | -1.28 billion | -30.0% |
| 2017 | -1.65 billion | +28.8% |
| 2018 | -1.70 billion | +3.0% |
| 2019 | -3.72 billion | +119.0% |
| 2020 | -470.87 million | -87.3% |
| 2021 | -5.78 billion | +1126.7% |
| 2022 | -11.13 billion | +92.6% |
| 2023 | -4.03 billion | -63.8% |
| 2024 | -6.50 billion | +61.3% |
Slovakia compared with similar countries
- Slovakia's -6.50 billion is below the median for high income countries, which is 547.38 million. (72 countries reporting)
- Slovakia's -6.50 billion is below the median for Europe & Central Asia, which is -449.44 million, 14.5× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Slovakia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | -1126.7% | -470.87 million | -5.78 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.90 billion | -6.27 billion | -3.02 billion | 5 |
| 2010s | -1.37 billion | -4.91 billion | 2.89 billion | 10 |
| 2020s | -5.58 billion | -11.13 billion | -470.87 million | 5 |
Countries ranked near Slovakia
More financial sector data for Slovakia
- Reserve position in the IMF, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 65.71 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 8.12 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 47.98 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.54 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 65.71 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 8.12 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Slovakia?
- Current account balance (credit less debit), net (credits less debits) in Slovakia was -6.50 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Slovakia?
- The highest recorded value was 2.89 billion in 2013.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Slovakia?
- The lowest recorded value was -11.13 billion in 2022.
- How does Slovakia rank for current account balance (credit less debit), net (credits less debits)?
- Slovakia ranks 180th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Slovakia?
- Over the last ten years it is down 460.0%. The long-run trend across the full record is volatile.
- Where does this Slovakia data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.