PESTLE Insights: Slovakia – Macroeconomic Outlook Report

Mining, manufacturing and utilities contributed 26.6% to the gross value added (GVA) in 2018, followed by financial intermediation, real estate and business activities (19.2%) and other services (18.1%). In nominal terms, the three sectors are expected to grow by 5.8%, 6.0% and 5.2% respectively in 2019.

The regions of Bratislava and western Slovakia contributed 59.1% to the country’s GDP and comprised 45.5% of the Slovakia’s population as of 2017

FDI inflows and greenfield investments increased in 2017

The SAX Index, widely considered a benchmark of the overall performance of stocks listed in the Bratislava Stock Exchange, has exhibited a slight increasing trend. As of April 17, 2019, the SAX Index stood at 348.63, compared to 343.95 on April 17, 2018.

Scope

– According to World Bank's logistics performance index (LPI), transport and logistic infrastructure in Slovakia has deteriorated over the last two years with decline in rank from 41st in 2016 to 53rd out of 160 countries in 2018

– As part of the European Funds for Strategic Investments (EFSI), Slovakia has received an approval for seven innovation and infrastructure projects as of April 2019, securing a total financing of EUR458m (US$533m) which is expected to allow the country to raise investments worth EUR757m (US$880m)

Reasons to buy

- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.

- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations

- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.

- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.

Companies mentioned

Slovnaft

Tatra Banka

Sygic

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