Goods and services expense (% of expense) in Slovakia
Slovakia: Goods and services expense (% of expense) was 9.7% in 2022. ▼ Falling
Goods and services expense in Slovakia, 1995–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Slovakia recorded 9.7% for goods and services expense in 2022.
That represents a change of up 13.1% on the previous year and down 0.2% over ten years.
Over the whole period, goods and services expense in Slovakia peaked at 13.1% in 1996 and was at its lowest, 8.1%, in 2005.
That places Slovakia 106th out of 154 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Goods and services expense (% of expense) in Slovakia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1995 | 13.0% | — |
| 1996 | 13.1% | +1.3% |
| 1997 | 12.5% | -5.2% |
| 1998 | 12.6% | +1.2% |
| 1999 | 8.9% | -29.3% |
| 2000 | 9.9% | +10.5% |
| 2001 | 11.2% | +13.9% |
| 2002 | 10.1% | -9.7% |
| 2003 | 9.0% | -11.6% |
| 2004 | 8.8% | -1.5% |
| 2005 | 8.1% | -8.0% |
| 2006 | 10.4% | +27.4% |
| 2007 | 9.4% | -8.8% |
| 2008 | 8.6% | -8.9% |
| 2009 | 9.2% | +7.0% |
| 2010 | 9.4% | +2.3% |
| 2011 | 10.0% | +5.8% |
| 2012 | 9.7% | -2.7% |
| 2013 | 9.1% | -6.2% |
| 2014 | 9.1% | -0.2% |
| 2015 | 9.5% | +4.3% |
| 2016 | 8.7% | -8.4% |
| 2017 | 9.6% | +11.3% |
| 2018 | 9.1% | -5.7% |
| 2019 | 8.8% | -3.2% |
| 2020 | 8.4% | -5.0% |
| 2021 | 8.5% | +2.1% |
| 2022 | 9.7% | +13.1% |
Slovakia compared with similar countries
- Slovakia's 9.7% is above the median for high income countries, which is 9.6%, 1.0× the median. (56 countries reporting)
- Slovakia's 9.7% is above the median for Europe & Central Asia, which is 9.0%, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.0% | 8.9% | 13.1% | 5 |
| 2000s | 9.5% | 8.1% | 11.2% | 10 |
| 2010s | 9.3% | 8.7% | 10.0% | 10 |
| 2020s | 8.9% | 8.4% | 9.7% | 3 |
Countries ranked near Slovakia
More public sector data for Slovakia
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Frequently asked questions
- What is goods and services expense in Slovakia?
- Goods and services expense in Slovakia was 9.7% in 2022, 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 13.1% in 1996.
- What is the lowest goods and services expense recorded in Slovakia?
- The lowest recorded value was 8.1% in 2005.
- How does Slovakia rank for goods and services expense?
- Slovakia ranks 106th out of 154 countries with data for 2022.
- Is goods and services expense rising or falling in Slovakia?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is falling.
- 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 (% of expense). 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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.