Slovak Republic's net domestic credit (current LCU) was 108.47 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 118.66% from 49.61 billion in 2014 (8.14% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 108.47 billion | 2024 |
| Five years earlier | 76.82 billion | 2019 |
| Ten years earlier | 49.61 billion | 2014 |
| Highest | 108.47 billion | 2024 |
| Lowest | 28.35 billion | 2006 |
| Average since 2015 | 83.15 billion | 2015–2024 |
| First recorded | 28.35 billion |
What the numbers say
In 2024, Slovak Republic's net domestic credit (current LCU) rose 1% on 2023 (from 107.35 billion to 108.47 billion).
Across the 17 yearly changes before that (2007 to 2023), the average change was +8.3% and a typical year strayed about 5.1% from that (the standard deviation). This year's change was 1.4 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 17.2% in 2015 and the biggest yearly fall was 1.6% in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 6.12 billion a year. A straight line explains 98% 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.
A straight-line projection, tested first
Extending that straight line gives about 128.4 billion for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 9.92 billion, against 15.8 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Slovak Republic had the 26th highest value of the 40 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 2024 ranking
What this measures
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. 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.
All 19 values
| Year | Net domestic credit (current LCU) |
|---|---|
| 2024 | 108,468,590,000 |
| 2023 | 107,346,460,000 |
| 2022 | 103,946,570,000 |
| 2021 | 90,787,730,000 |
| 2020 | 83,904,090,000 |
| 2019 | 76,819,740,000 |
| 2018 | 71,634,450,000 |
| 2017 | 67,275,690,000 |
| 2016 | 63,172,130,000 |
| 2015 | 58,130,710,000 |
Net domestic credit (current LCU) in nearby economies
- Albania — 1.46 trillion (2025)
- Armenia — 9.58 trillion (2025)
- Austria — 587.58 billion (2024)
- Azerbaijan — 36.87 billion (2025)
- Belarus — 60.23 billion (2021)
- Belgium — 762.57 billion (2024)
- Bosnia and Herzegovina — 29.62 billion (2025)
- Bulgaria — 58.79 billion (2024)
- Croatia — 49.55 billion (2024)
- Cyprus — 24.91 billion (2024)
- Czechia
More financial sector data for Slovak Republic
- DEC alternative conversion factor (LCU per US$) — US$0.88 (2025)
- GDP deflator (base year varies by country) — 130.07 (2025)
- GDP deflator, linked series (base year varies by country) — 130.07 (2025)
- Real effective exchange rate index (2010 = 100) — 116.68 (2025)
- Consumer price index (2010 = 100) — 161.56 (2025)
- Inflation, GDP deflator (annual % growth) — 4.19% (2025)
- Inflation, GDP deflator, linked series (annual % growth) — 4.19% (2025)
- Inflation, consumer prices (annual % growth) — 4% (2025)
- Official exchange rate (LCU per US$, period average)
Reading data like this
Questions people ask
- What is Slovak Republic's net domestic credit (current LCU)?
- 108.47 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 282.55% from 28.35 billion in 2006 (7.74% a year on average, compounded). The highest value was 108.47 billion in 2024 and the lowest 28.35 billion in 2006.
- How does Slovak Republic rank?
Source
World Bank, World Development Indicators, indicator FM.AST.DOMS.CN, licensed CC BY 4.0. Original source: International Financial Statistics 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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