Slovakia PESTLE Insights - A Macroeconomic Outlook Report
Summary Financial intermediation, real estate and business activities contributed 22.7% to the gross value added (GVA) in 2020, followed by mining, manufacturing and utilities (22.6%) and other services (19.6%). In 2021, the sectors are expected to grow by 6.1%, 5.6% and 4.5%, respectively.
Bratislava and Western Slovakia contributed 58.9% of the country’s GDP and comprised 45.6% of Slovakia’s population as of 2019, according to EuroStat
The Slovakian SKSM Index has exhibited an increasing trend. As of October 4, 2021, the SKSM Index stood at 386.21, compared to 350.12 on October 4, 2021
Scope - In June 2021, the European Investment Bank (EIB) announced it would provide a loan worth $36.5 million to the Presov regional administration in Slovakia in order to improve transport and social infrastructure facilities
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.
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