Slovakia's GDP to grow by 2.2% in 2020, according to bank analysts

Slovakia's GDP to grow by 2.2% in 2020, according to bank analysts
Slovakia's GDP growth in fixed prices is expected to reach 2.2% in 2020, according to a survey carried out by the National Bank of Slovakia
By bne IntelliNews March 4, 2020

Slovakia's GDP growth in fixed prices is expected to reach 2.2% in 2020, according to a survey carried out by the National Bank of Slovakia among commercial bank analysts in February, the Slovak News Agency reported. 

GDP growth is anticipated to slow down to 2.1% in 2021. Since its last forecast, the analysts´ estimate has been increased by 0.2 percentage points for the next year. 

The unemployment rate is expected to reach 5.9% in 2020, going up to 6% next year. The growth in employment should amount to 1.2% this year and go down to 0.3% next year. 

The nominal salaries should increase by 7.6% in 2020 and by 5% a year later.

 

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