Goods and services expense in Slovakia
Slovakia: Goods and services expense was 4.63 billion current LCU in 2024. ▲ Rising
Goods and services expense in Slovakia, 1995–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Slovakia recorded 4.63 billion current LCU for goods and services expense in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 14.0% on the previous year and up 66.6% over ten years.
Over the whole period, goods and services expense in Slovakia peaked at 4.63 billion current LCU in 2024 and was at its lowest, 1.18 billion current LCU, in 1995.
That places Slovakia 112th out of 155 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.35 billion current LCU | 1.18 billion current LCU | 1.51 billion current LCU | 5 |
| 2000s | 1.83 billion current LCU | 1.47 billion current LCU | 2.47 billion current LCU | 10 |
| 2010s | 2.88 billion current LCU | 2.56 billion current LCU | 3.17 billion current LCU | 10 |
| 2020s | 3.99 billion current LCU | 3.32 billion current LCU | 4.63 billion current LCU | 5 |
Countries ranked near Slovakia
More public sector data for Slovakia
- Arms imports 298.00 million SIPRI trend indicator values (2024)
- Tax revenue 19.1% (2024)
- Taxes on income, profits and capital gains 20.4% (2024)
- Taxes on goods and services 28.3% (2024)
- Net investment in nonfinancial assets 2.5% (2024)
- Net lending (+) / net borrowing (-) -5.4% (2024)
- Interest payments 3.5% (2024)
- Interest payments 2.7% (2022)
- Other taxes 0.0% (2024)
- Compensation of employees 16.4% (2022)
Frequently asked questions
- What is goods and services expense in Slovakia?
- Goods and services expense in Slovakia was 4.63 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Slovakia?
- The highest recorded value was 4.63 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Slovakia?
- The lowest recorded value was 1.18 billion current LCU in 1995.
- How does Slovakia rank for goods and services expense?
- Slovakia ranks 112th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Slovakia?
- Over the last ten years it is up 66.6%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.