Slovakia: Trade balance, percent of GDP

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Slovakia: Trade balance as percent of GDP

, 1990 - 2019: For that indicator, we provide data for Slovakia from 1990 to 2019. The average value for Slovakia during that period was -2.14 percent with a minimum of -13.23 percent in 1996 and a maximum of 5.6 percent in 2013. The latest value from 2019 is 0.39 percent. For comparison, the world average in 2019 based on 156 countries is -4.58 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

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The trade balance for Slovakia and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
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