Spectator on facebook

Spectator on facebook

GDP growth 5.1 percent in first half and second quarter of 2005

THE SLOVAK economy grew by 5.1 percent year-on-year in the second quarter of 2005, with a gross domestic product of Sk357.6 billion (€9.3bn), the TASR news agency wrote, based on information released on September 9, 2005 by Slovakia’s Statistics Office (ŠÚ).

The GDP for the first half of 2005 stood at Sk690.2 billion (€17.9 billion), and was also up by 5.1 percent year-on-year.

Positive results were also reported in areas such as unemployment and wages.

According to the ŠÚ, unemployment decreased by 2 percent year-on-year to 16.9 percent in the first half of 2005. The employment rate increased 2.2 percent to 2.187 million people.

Nominal monthly wages increased by 8.2 percent year-on-year in the second quarter of 2005 to reach Sk16,737 (€435), while real salaries were up 5.6 percent.

In the first half of 2005, monthly nominal salaries in Slovakia rose by an average of 9.1 percent to Sk16,381. Real salaries were up 6.2 percent year-on-year.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Crematorium in Bratislava is an architectural revelation Photo

Those who have experienced farewells in other crematoria know what makes it special. Now the best work by the architect Ferdinand Milučký is getting a monograph

Crematorium in Bratislava by architect Ferdinand Milučký

What kind of expectations do some Slovaks have for world leaders?

Among EU member states, opinions of the United States declined in all but two — Poland (which makes some sense) and Slovakia (which does not).

Donald Trump

Crates and boxes. Slovaks discover new ways of grocery shopping

Farmer’s boxes are gaining customers in Slovakia as people slowly become more conscious about quality and the origin of the food they eat.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between January 19 and January 28, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Scandi 4