Slovak Republic's trade in services (% of GDP) was 18.78% in 2025, the latest year in the World Bank's World Development Indicators. That is up 0.73 percentage points from 18.05% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 18.78% | 2025 |
| Five years earlier | 18.86% | 2020 |
| Ten years earlier | 18.05% | 2015 |
| Highest | 30.09% | 2003 |
| Lowest | 14.98% | 2011 |
| Average since 2016 | 20.38% | 2016–2025 |
| First recorded | 25.76% | 1993 |
What the numbers say
In 2025, Slovak Republic's trade in services (% of GDP) fell 0.46 percentage points on 2024 (from 19.25% to 18.78%).
Across the 30 yearly changes before that (1995 to 2024), the average change was −0.15 percentage points and a typical year strayed about 2.39 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below 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 5.74 percentage points in 2002 and the biggest yearly fall was 4.96 percentage points in 2004. 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 downward, about 0.28 percentage points a year. A straight line explains 30% 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 78th highest value of the 135 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.
| Value | Year | |
|---|---|---|
| Slovak Republic | 18.78% | 2025 |
| World | 15.19% | 2025 |
| Europe & Central Asia | 28.2% | 2025 |
| High income | 18.51% | 2025 |
Closest to Slovak Republic in the 2025 ranking
- Lao PDR — 75th of 135: 19.05%
- Ukraine — 76th of 135: 19.04%
- Lesotho — 77th of 135: 18.98%
- Philippines — 79th of 135: 18.39%
- Korea, Rep. — 80th of 135: 17.88%
- Egypt, Arab Rep. — 81st of 135: 17.43%
What this measures
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 33 values
| Year | Trade in services (% of GDP) |
|---|---|
| 2025 | 18.78 |
| 2024 | 19.25 |
| 2023 | 19.24 |
| 2022 | 22.06 |
| 2021 | 18.89 |
| 2020 | 18.86 |
| 2019 | 22.57 |
| 2018 | 22.25 |
| 2017 | 21.58 |
| 2016 | 20.35 |
| 2015 |
Trade in services (% of GDP) in nearby economies
More economic policy & debt data for Slovak Republic
- Adjusted savings, education expenditure (% of GNI) — 4.13% (2021)
- Adjusted savings, mineral depletion (current US$) — US$10.61 million (2021)
- Adjusted savings, energy depletion (current US$) — US$3.68 million (2021)
- Net financial flows, IBRD (NFL, current US$) — −US$279,000 (2016)
- General government final consumption expenditure (current US$) — US$33.08 billion (2025)
- General government final consumption expenditure (current LCU) — 29.27 billion (2025)
- General government final consumption expenditure (% of GDP) — 21.41% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$90.65 billion (2025)
Reading data like this
Questions people ask
- What is Slovak Republic's trade in services (% of GDP)?
- 18.78% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1993?
- It is down 6.98 percentage points from 25.76% in 1993. The highest value was 30.09% in 2003 and the lowest 14.98% in 2011.
- How does Slovak Republic rank?
- 78th highest of 135 economies with data for 2025.
- Is the latest change in trade in services (% of GDP) unusual for Slovak Republic?
- In 2025, Slovak Republic's trade in services (% of GDP) fell 0.46 percentage points on 2024 (from 19.25% to 18.78%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.15 percentage points and a typical year strayed about 2.39 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations below 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 BG.GSR.NFSV.GD.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) 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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