Slovak Republic's inflation, GDP deflator, linked series (annual % growth) was 4.19% in 2025, the latest year in the World Bank's World Development Indicators. That is up 4.37 percentage points from -0.19% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 4.19% | 2025 |
| Five years earlier | 2.41% | 2020 |
| Ten years earlier | -0.19% | 2015 |
| Highest | 34.61% | 1991 |
| Lowest | -1.12% | 2009 |
| Average since 2016 | 3.49% | 2016–2025 |
| First recorded | 34.61% | 1991 |
What the numbers say
In 2025, Slovak Republic's inflation, GDP deflator, linked series (annual % growth) rose 0.79 percentage points on 2024 (from 3.39% to 4.19%).
Across the 30 yearly changes before that (1995 to 2024), the average change was −0.34 percentage points and a typical year strayed about 2.56 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 5.09 percentage points in 2022 and the biggest yearly fall was 23.39 percentage points in 1992. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 0.67 percentage points a year. A straight line explains 44% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Slovak Republic had the 71st highest value of the 186 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Slovak Republic in the 2025 ranking
- Guinea-Bissau — 68th of 186: 4.32%
- Comoros — 69th of 186: 4.3%
- Pakistan — 70th of 186: 4.28%
- Montenegro — 72nd of 186: 4.03%
- Naoero — 73rd of 186: 4.02%
- Portugal — 74th of 186: 3.92%
What this measures
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
All 35 values
| Year | Inflation, GDP deflator, linked series (annual % growth) |
|---|---|
| 2025 | 4.19 |
| 2024 | 3.39 |
| 2023 | 10.02 |
| 2022 | 7.33 |
| 2021 | 2.24 |
| 2020 | 2.41 |
| 2019 | 2.4 |
| 2018 | 2.11 |
| 2017 | 1.18 |
| 2016 | -0.3909 |
| 2015 |
Inflation, GDP deflator, linked series (annual % growth) in nearby economies
- Albania — 1.45% (2025)
- Andorra — 2.63% (2025)
- Armenia — 3.57% (2025)
- Austria — 3.15% (2025)
- Azerbaijan — 0.57% (2025)
- Belarus — 10.92% (2025)
- Belgium — 2.56% (2025)
- Bosnia and Herzegovina — 3.01% (2025)
- Bulgaria — 7.41% (2025)
More financial sector data for Slovak Republic
- DEC alternative conversion factor (LCU per US$) — US$0.88 (2025)
- GDP deflator (base year varies by country) — 130.07 (2025)
- GDP deflator, linked series (base year varies by country) — 130.07 (2025)
- Real effective exchange rate index (2010 = 100) — 116.68 (2025)
- Consumer price index (2010 = 100) — 161.56 (2025)
- Inflation, GDP deflator (annual % growth) — 4.19% (2025)
- Inflation, consumer prices (annual % growth) — 4% (2025)
- Official exchange rate (LCU per US$, period average) — US$0.88 (2025)
- S&P Global Equity Indices (annual % change)
Reading data like this
Questions people ask
- What is Slovak Republic's inflation, GDP deflator, linked series (annual % growth)?
- 4.19% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1991?
- It is down 30.42 percentage points from 34.61% in 1991. The highest value was 34.61% in 1991 and the lowest -1.12% in 2009.
- How does Slovak Republic rank?
- 71st highest of 186 economies with data for 2025.
- Is the latest change in inflation, GDP deflator, linked series (annual % growth) unusual for Slovak Republic?
- In 2025, Slovak Republic's inflation, GDP deflator, linked series (annual % growth) rose 0.79 percentage points on 2024 (from 3.39% to 4.19%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.34 percentage points and a typical year strayed about 2.56 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDP.DEFL.KD.ZG.AD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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