Expense in Slovakia
Slovakia: Expense was 43.74 billion current LCU in 2022. ▲ Rising
Expense in Slovakia, 1995–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2022, expense in Slovakia stood at 43.74 billion current LCU. That is the highest value across all 28 years on record.
The figure is up 1.2% on the previous year and up 51.6% over ten years.
Over the whole period, expense in Slovakia peaked at 43.74 billion current LCU in 2022 and was at its lowest, 9.08 billion current LCU, in 1995.
That places Slovakia 111th out of 157 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Expense in Slovakia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 9.08 billion current LCU | — |
| 1996 | 11.48 billion current LCU | +26.5% |
| 1997 | 11.01 billion current LCU | -4.1% |
| 1998 | 11.67 billion current LCU | +6.0% |
| 1999 | 13.41 billion current LCU | +14.9% |
| 2000 | 16.51 billion current LCU | +23.1% |
| 2001 | 15.04 billion current LCU | -8.9% |
| 2002 | 16.48 billion current LCU | +9.6% |
| 2003 | 16.36 billion current LCU | -0.7% |
| 2004 | 17.15 billion current LCU | +4.8% |
| 2005 | 19.39 billion current LCU | +13.1% |
| 2006 | 20.83 billion current LCU | +7.4% |
| 2007 | 22.02 billion current LCU | +5.7% |
| 2008 | 23.88 billion current LCU | +8.5% |
| 2009 | 26.87 billion current LCU | +12.5% |
| 2010 | 27.16 billion current LCU | +1.1% |
| 2011 | 27.98 billion current LCU | +3.0% |
| 2012 | 28.85 billion current LCU | +3.1% |
| 2013 | 29.88 billion current LCU | +3.5% |
| 2014 | 30.66 billion current LCU | +2.6% |
| 2015 | 32.70 billion current LCU | +6.6% |
| 2016 | 32.91 billion current LCU | +0.7% |
| 2017 | 31.47 billion current LCU | -4.4% |
| 2018 | 33.52 billion current LCU | +6.5% |
| 2019 | 36.02 billion current LCU | +7.5% |
| 2020 | 39.72 billion current LCU | +10.3% |
| 2021 | 43.20 billion current LCU | +8.8% |
| 2022 | 43.74 billion current LCU | +1.2% |
Slovakia compared with similar countries
- Slovakia's 43.74 billion current LCU is below the median for high income countries, which is 134.42 billion current LCU, 33% of the median. (57 countries reporting)
- Slovakia's 43.74 billion current LCU is below the median for Europe & Central Asia, which is 301.38 billion current LCU, 15% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.33 billion current LCU | 9.08 billion current LCU | 13.41 billion current LCU | 5 |
| 2000s | 19.45 billion current LCU | 15.04 billion current LCU | 26.87 billion current LCU | 10 |
| 2010s | 31.11 billion current LCU | 27.16 billion current LCU | 36.02 billion current LCU | 10 |
| 2020s | 42.22 billion current LCU | 39.72 billion current LCU | 43.74 billion current LCU | 3 |
Countries ranked near Slovakia
More public sector data for Slovakia
- Democracy, annual growth rate -14.29 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Slovakia?
- Expense in Slovakia was 43.74 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Slovakia?
- The highest recorded value was 43.74 billion current LCU in 2022.
- What is the lowest expense recorded in Slovakia?
- The lowest recorded value was 9.08 billion current LCU in 1995.
- How does Slovakia rank for expense?
- Slovakia ranks 111th out of 157 countries with data for 2022.
- Is expense rising or falling in Slovakia?
- Over the last ten years it is up 51.6%. The long-run trend across the full record is rising.
- Where does this Slovakia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.