Revised 1997 foreign trade deficit 67.6 billion Sk

Slovakia's foreign trade deficit in 1997 was not 49.5 billion Sk ($1.375 billion) as reported, but 67.572 billion Sk ($1.877 billion) said the Slovak Statistics Bureau on November 20. These figures indicate that the country's 1997 foreign trade turnover was 622.441 billion Sk ($17.29 billion).

The figures also show, when matched against Slovakia's 1997 GDP of 653.9 billion Sk, that the trade deficit was 10.33% of GDP rather than the previously reported 7.56%.

During 1997, Slovakia adjusted its means of calculating trade statistics according to the system used in the European Union. Currently, the Slovak Statistics Bureau is revising the 1997 figures to allow them to be compared with data in 1998 and beyond.

Top stories

News digest: Ministry comes up with a plan to ease measures

Coalition to discuss longer lockdown. Slovakia lags behind in administering booster shots. Nearly half of Slovaks perceive the tax and levy reform negatively.


1 h
Igor Matovic

PM’s calls for “respect” are ignored by his own colleagues

Finance minister proposes massive handout without consulting PM.


5 h
Car poduction in Kia Slovakai in Teplička Nad Váhom

Automotive industry faces the biggest transformation in its history

Slovakia remains the world’s biggest car manufacturer per 1000 inhabitants.


9 h
Skryť Close ad