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Foreign Trade (As % of GDP) rose 11.5% to 188% in Slovakia in 2021

Foreign Trade (As % of GDP) (%), 2021
Economy | Slovakia | February 1, 2023
$2.99
Excel Sheet

Foreign trade as a share of GDP rose 11.5% to 188% in Slovakia in 2021, according to the National Statistical Office.

Historically, foreign trade as a share of GDP in Slovakia reached an all time high of 190% in 2018 and an all time low of 57.2% in 1990. When compared to Slovakia's main peers, foreign trade as a share of GDP in Austria amounted to 111%, 143% in Czechia, 163% in Hungary and 112% in Poland in 2021.

Slovakia has been ranked 6th within the group of 152 countries we follow in terms of foreign trade as a share of GDP, 3 places above the position seen 10 years ago.

Foreign Trade (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Austria % 102% 101% 105% 108% 108%
Czechia % 155% 151% 151% 148% 142%
Germany % 86.2% 84.8% 87.2% 88.5% 87.7%
Hungary % 167% 164% 165% 163% 161%
Italy % 56.4% 55.4% 58.6% 60.3% 59.9%
Poland % 92.8% 97.5% 101% 103% 103%
Russia % 49.4% 46.5% 46.9% 51.6% 49.2%
Slovakia % 180% 184% 188% 190% 183%
Switzerland % 117% 124% 124% 124% 124%
Ukraine % 108% 106% 104% 99.2% 90.5%