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Europe 2020 in Slovakia

Economic situation and outlook

Slovakia's recovery from the crisis was one of the fastest in the EU. According to the Commission 2016 winter forecast, real GDP is expected to have increased by 3.5 % in 2015 due to solid household spending and surging investment activity. Investment benefited from intensified drawing of EU funds, as the possibility to make use of funding available under the 2007-2013 programming period came to an end. Household consumption was supported by an improvement in labour market conditions, solid wage growth, falling prices and favourable credit conditions.

Read a complete analysis of Slovakia's economy in the country report 2016 pdf - 2 MB [2 MB] slovenčina (sk)

See how Slovakia compares with other EU Member States in key areas.



2015 recommendations in brief

The Commission has made four country-specific recommendations to Slovakia to help it improve its economic performance. These are in the areas of: taxation and health; labour market; education; infrastructure investment.



European Semester Documents for Slovakia