Slovak Republic: Net foreign assets (current LCU)

Key figures

What the numbers say

In 2024, Slovak Republic's net foreign assets (current LCU) rose 49.9% on 2023 (from 13.5 billion to 20.24 billion).

Across the 17 yearly changes before that (2007 to 2023), the average change was +14.1% and a typical year strayed about 56.6% from that (the standard deviation). This year's change was 0.6 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 156.4% in 2023 and the biggest yearly fall was 61.6% in 2009. 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 1.08 billion a year. A straight line explains 48% 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 2024, Slovak Republic had the 31st 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

• Slovenia — 28th of 40: 31.81 billion
• Lesotho — 29th of 40: 25.29 billion
• Croatia — 30th of 40: 21.73 billion
• Portugal — 32nd of 40: 17.91 billion
• Latvia — 33rd of 40: 9.5 billion
• Estonia — 34th of 40: 8.79 billion

What this measures

Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. 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

Net foreign assets (current LCU) in nearby economies

• Albania — 1.12 trillion (2025)
• Armenia — 305.82 billion (2025)
• Austria — 113.77 billion (2024)
• Azerbaijan — 25.43 billion (2025)
• Belarus — 11.41 billion (2021)
• Belgium — 180.33 billion (2024)
• Bosnia and Herzegovina — 23.03 billion (2025)
• Bulgaria — 46.19 billion (2024)
• Croatia — 21.73 billion (2024)
• Cyprus — 31.88 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

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Slovak Republic's net foreign assets (current LCU)?

20.24 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is up 140.32% from 8.42 billion in 2006 (4.99% a year on average, compounded). The highest value was 20.24 billion in 2024 and the lowest 2.18 billion in 2009.

How does Slovak Republic rank?

31st highest of 40 economies with data for 2024.

Is the latest change in net foreign assets (current LCU) unusual for Slovak Republic?

In 2024, Slovak Republic's net foreign assets (current LCU) rose 49.9% on 2023 (from 13.5 billion to 20.24 billion). Across the 17 yearly changes before that (2007 to 2023), the average change was +14.1% and a typical year strayed about 56.6% from that (the standard deviation). This year's change was 0.6 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 FM.AST.NFRG.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.

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