IMF Staff Country Reports

Slovak Republic: Recent Economic Developments

June 3, 1997

Preview Citation

Format: Chicago

Slovak Republic: Recent Economic Developments, (USA: International Monetary Fund, 1997) accessed November 21, 2024

Summary

This paper reviews economic developments in Slovakia during 1995–96. Slovakia registered an impressive macroeconomic performance in 1995, among the best within the transition economies. Growth accelerated to 7.5 percent in 1995 from an already high rate of 5 percent in 1994, and inflation fell to 7 percent from about 12 percent in 1994. In addition, the current account of the balance of payments registered a surplus of about 2 percent of GDP. In 1996, output continued to grow at about 7 percent while inflation declined to 5.4 percent.

Subject: Exchange rate arrangements, Foreign exchange, Imports, Inflation, International trade, Prices, Producer prices, Trade balance

Keywords: Book value, Consumer price, CR, Discount rate, Exchange rate, Exchange rate arrangements, Imports, Inflation, ISCR, Monetary policy, Potential GDP, Producer prices, Trade balance, Trade balance, Western Europe

Publication Details

  • Pages:

    119

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1997/043

  • Stock No:

    1SVKEA0011997

  • ISBN:

    9781451835366

  • ISSN:

    1934-7685

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