Slovak Republic: 2017 Article IV Consultation-Press Release; Staff Report; and Informational Annex for Slovak Republic
International Monetary Fund. European Dept.
Mar 2017 · International Monetary Fund
Ebook
59
Pages
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About this ebook
Slovakia is an economic success story. Sustained convergence since 1995 has lifted real per capita GDP to over 70 percent of the European Union average. The post-crisis recovery has been one of the most robust in Europe and GDP growth is projected to pick up further in the medium term, in part from additional foreign investment in the automotive industry. However, with regional disparities and aging pressures among the most severe in Europe, significant challenges remain. The banking sector also faces vulnerabilities from very high exposure to the real estate sector.
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