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NBS lowers Slovakia GDP growth forecast to 3.3 pc in 2019

June 11th, 2019

Slovakia's GDP is expected to increase by 3.3 percent in 2019, down by 0.2 percentage points compared to the preceding medium-term forecast, the central bank (NBS) reported on Tuesday. "This year and the next the Slovak economy will grow a little slower than we expected," said new NBS Governor Peter Kazimir. In addition to the deceleration of the GDP growth rate in 2019, the NBS governor expects GDP growth to slow down by 0.2 percentage points in 2020, too. In 2021 the NBS expects GDP to grow by 2.8 percent, which is the same figure as cited in the previous forecast.


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