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Flash estimate of Gross domestic product and Total employment by ESA 2010 in the 3rd quarter of 2022
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Flash estimate of Gross domestic product and Total employment by ESA 2010 in the 3rd quarter of 2022

Last update: 15.11.2022
Ilustratívny obrázok/Illustrative image
Publisher: Statistical Office of the SR
Topic: Macroeconomic statistics
Domain: National accounts
Publish Date: 15.11.2022

The growth dynamics of the SR economy slightly decreased in the third quarter of 2022

The Gross domestic product (GDP) in chain-linking volumes1) increased in the third quarter of 2022 by 1.2% year-on-year. After seasonal adjustments2), the GDP increased by 1.2% year-on-year and by 0.3 % quarter-on-quarter. In the current prices, the third quarter of 2022 the GDP amounted to EUR 28.31 billion, representing a year-on-year increase by 8.8%.

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The volume of GDP at constant prices exceeded the volume of GDP for the same period before the crisis, jumping the value of the 3rd quarter of 2019 by 1.6%. The growth of the Slovak economy was supported mainly by domestic demand.

The growth of value added in the 3rd quarter was, after a longer time, positively influenced primarily by developments in the motor vehicle industry. We recorded a decrease in value added in the industries of manufacturing of basic metals and manufacturing  of fabricated metal products, except machinery and equipment.

Total employment in the reference period reached 2.43 million people. Compared with the third quarter of 2021, it increased by 1.5%. After seasonal adjustments, total employment increased by 1.5% year-on-year and by 0.1% quarter-on-quarter.

Note:

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:

Flash estimate of Gross Domestic Product and Employment will be precised on the basis of next available statistical and administrative data and complemented by structures for individual indicators and published on December 6, 2022 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 3rd 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
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  • +421 2 50 236 335
  • e-mail: info@statistics.sk

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 3rd quarter of 2022 Z6_Q7I8BB1A00BL30IJKSNHCF2GU5 /Štatistický úrad SR - Home /Products /Information reports Catalogue /Detail