The Gross Domestic Product (GDP) in Slovakia expanded 1.30 percent in the third quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Slovakia averaged 3.91 percent from 1996 until 2019, reaching an all time high of 13.50 percent in the fourth quarter of 2007 and a record low of -6 percent in the second quarter of 2009. In Slovakia, the most important industries are engineering, chemical, electrotechnical engineering, wood-processing and food industry. On the expenditure side, household consumption is the main component of GDP and accounts for 57 percent of its total use, followed by gross fixed capital formation (21 percent) and government expenditure (19 percent). Exports of goods and services account for 92 percent of GDP while imports account for 88 percent, adding 4 percent of total GDP. This page provides – Slovakia GDP Annual Growth Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news.