In 4^th quarter of 2018, the Slovak economy development was kept in positive numbers.  The year-on-year growth of gross domestic products (GDP) reached 3,6 % at constant prices, i.e. by 0,1 p.p. less than in the 4^th quarter of 2017. In quarter-on-quarter comparison (4^th quarter compared with 3rd quarter), the GDP volume after seasonal adjustment increased by 0,8 % in real terms. The total GDP volume at current prices amounted to EUR 23 324,7 million and it increased by 5,3 %, year-on-year.

In the 4^th quarter of 2018, the economic growth was supported mostly by domestic demand that increased by 5,8 %. Production of gross capital reached more considerable growth 13,9 %, of which production of gross fixed capital rose by 9 %. In the structure of domestic demand, all expenditure items of final consumption increased, by 3,6 % in total. Final consumption expenditures in public administration increased at most by 3,8 %, final consumption expenditures of households reached a 3,4 % increase. Final consumption of non-profit institutions serving households also recorded a 1,9 % slight increase. Foreign demand also rose, compared with the 4^th quarter of 2017, it was higher by 4,7 %. Import of products and services rose by 3,7 p.p. to 7,8 %.

In the 4^th quarter of 2018, added value amounted to EUR 20 794,8 million of the generated GDP and increased, year-on-year, by 3,5 %. Added value rose in majority of sectors. It increased in information and communication by 6,8 %, in industry by 4,9 %, in wholesale and retail trade, repair of motor vehicles and motorcycles; transportation and storage; accommodation and food service activities by 4,7 %, agriculture by 4,2 %, construction by 4 %, in real estate activities by 3,5 %, professional, scientific and technical activities by 1,9 %, arts, entertainment and recreation; other service activities by 1 % and public administration; education; health and social work activities by 0,7 %. Decrease was recorded only in financial and insurance activities by 8,1 %. Collection of net taxes on products was higher by 4,4 %.

Gross operation surplus and mixed incomes represented EUR 10 498,7 million of the generated GDP by income approach.¹⁾ Compared with the 4^th quarter of 2017, it increased by 3,8 %. Remunerations of employees  ²⁾ in the amount of EUR 10 233,8 million increased by 7,5 %. The volume of collected taxes on production and imports increased by 3,7 % to EUR 2 757,5 million. The value of subsidies increased by 19,1 % and amounted to EUR 165,3 million.  

In 2018, production of gross domestic product reached the value EUR 90 201,8 million. It rose, year-on-year, by 6,3 % at current prices compared with the corresponding period of 2017. It increased by 4,1 % at constant prices, i.e. by 0,9 p.p. more than in 2017.