Skip to main content link using access key S.
Statistical Office SR
Flash estimate of Gross domestic product and Total employment by ESA 2010 in the 4th quarter of 2022
Print Mail TW FB WA

Flash estimate of Gross domestic product and Total employment by ESA 2010 in the 4th quarter of 2022

Last update: 14.02.2023
Ilustratívny obrázok/Illustrative image
Publisher: Statistical Office of the SR
Topic: Macroeconomic statistics
Domain: National accounts
Publish Date: 14.02.2023

The Slovak economy preliminary grew by 1.1% in the 4th quarter of 2022, it was significantly influenced by rising prices

The Gross domestic product (GDP) in chain-linking volumes1) increased in the fourth quarter of 2022 by 1.1% year-on-year. After seasonal adjustments2), the GDP increased by 1.2% year-on-year and by 0.3 % quarter-on-quarter. High inflation caused a more significant difference between the value of GDP at current and constant prices. In the current prices, the fourth quarter of 2022 the GDP amounted to EUR 28.3 billion, representing  in comparison with fourth quarter 2021 increase by EUR 2.4 billion. After recalculation to constant prices, GDP reached EUR 23.5 billion.

Illustrative image – graph

Download high resolution chart format PDF (89 kB) or PNG (114 kB).

For the entire year 2022 the economy increased by 1.7%.

Gross domestic product at constant prices exceeded GDP values for the same period before crisis (4th quarter 2019).The currently, the growth of the Slovak economy was mainly supported by the growth of final consumption, i.e. household expenses, as well as the year-on-year increase in investments, which was reflected in the growth of gross fixed capital. Although exports grew, imports had a higher dynamic of year-on-year growth, and therefore foreign trade ended with a significant negative balance.

Total employment in the reference period reached 2 million 435 thousand persons and increased by 1.1% year-on-year. After seasonally adjustments, the number of employed persons increased by 1.5% compared to the 4th quarter of 2021 and by 0.2% quarter-on-quarter (compared to the 3rd quarter of 2022).


The indicators are compiled according to the ESA 2010 methodology based on the first compilatíon of results for the total economy; total employment is expressed as the number of persons employed (employees and self-employed persons).

  • 1) Constant prices are calculated by chain-linking volumes to the reference year 2015
  • 2) Seasonally adjusted results are updated quarterly in the whole time series.

Data source Database Datacube:

Comparison of flash GDP estimates of EU countries was published by Eurostat on February 14, 2023 at 11 a.m. in the report: GDP and employment flash estimates for the fourth quarter of 2022.

Flash estimate of Gross Domestic Product and Employment will be precised and published,including the structures of individual indicators, based on other available statistical and administrative data on Tuesday March 7, 2023 at 9,00 on the Statistical Office of the SR´s website (in the Information reports catalogue and in the DATAcube. Database 2. 1. 1. 1. - GDP - quarterly data) and subsequently also in the publication Statistical report on the basic development trends in the economy of the SR in the 4th quarter of 2022 published in the Publicatons of the catalogues SO SR.

  • Issued by :

  • Statistical Office of the SR
  • Lamačská cesta 3/C
  • 840 05 Bratislava 45
  • Slovak Republic
  • Information Services :

  • tel. +421 2 50 236 339
  • +421 2 50 236 335
  • e-mail:

While publishing of the whole information report or its parts, please state the source of information, the Statistical Office of the Slovak Republic. The Statistical Office of the SR creates high-quality statistics useful for society according to 16 principles regarding the institutional environment, statistical processes and outputs in line with the Code of Practice for European Statistics.

/wps/portal/ext/products/informationmessages/inf_sprava_detail Flash estimate of Gross domestic product and Total employment by ESA 2010 in the 4th quarter of 2022 Z6_Q7I8BB1A00BL30IJKSNHCF2GU5 /Štatistický úrad SR - Home /Products /Information reports Catalogue /Detail