Slovakia: Trade openness

* indicates monthly or quarterly data series
 Slovakia

Trade openness: exports plus imports as percent of GDP

 Latest value 204.12
 Year 2022
 Measure percent
 Data availability 1990 - 2022
 Average 144.49
 Min - Max 57.17 - 204.12
 Source The World Bank
For that indicator, we provide data for Slovakia from 1990 to 2022. The average value for Slovakia during that period was 144.49 percent with a minimum of 57.17 percent in 1990 and a maximum of 204.12 percent in 2022. The latest value from 2022 is 204.12 percent. For comparison, the world average in 2022 based on 148 countries is 100.81 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


Recent values chart
Slovakia - Trade openness - Recent values chart

Historical chart
Slovakia - Trade openness - historical chart - 1990-2022




Definition: Exports plus imports as percent of GDP.

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 Related indicators Latest value Reference Measure
 Terms of trade 102.12 2021 percent
 Trade openness 204.12 2022 percent
 Financial openness 0.717 2021 index points
 Exports, percent of GDP 99.36 2022 percent
 Exports, billion dollars 114.73 2022 billion U.S. dollars
 Growth of exports 3.00 2022 percent
 Imports, percent of GDP 104.76 2022 percent
 Imports, billion dollars 120.95 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.51 2022 percent
 Foreign Direct Investment, billion dollars 4.05 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2022 million dollars (current)
 Current account, percent of GDP -1.60 2023 percent
 Current account, in dollars -8.45 2022 billion U.S. dollars
 Trade balance, percent of GDP -5.39 2022 percent
 Trade balance, in dollars -5.94 2022 billion U.S. dollars
 Reserves 10.28 2022 billion U.S. dollars
 Remittances, percent of GDP 1.86 2022 percent
 Remittances 2,146.89 2022 million U.S. dollars
 Net errors and omissions -657.74 2022 million USD
 Foreign exchange reserves 9.44 9/2023 billion
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