Slovakia’s GDP rose by 3.1 percent in Q1 2012; employment up 0.6 percent

Slovakia’s Statistics Office released its flash estimate of the country’s GDP for the first quarter of 2012 on May 15 and reported real GDP increased by 3.1 percent compared to the same quarter in 2011. After seasonal adjustment, GDP rose by 3.2 percent compared to the first quarter of 2011 and by 0.8 percent in comparison with the fourth quarter of 2011. GDP in current prices in the first quarter of 2012 reached €16.558 billion, an increase of 4.5 percent compared to last year’s first quarter.

Slovakia’s Statistics Office released its flash estimate of the country’s GDP for the first quarter of 2012 on May 15 and reported real GDP increased by 3.1 percent compared to the same quarter in 2011. After seasonal adjustment, GDP rose by 3.2 percent compared to the first quarter of 2011 and by 0.8 percent in comparison with the fourth quarter of 2011. GDP in current prices in the first quarter of 2012 reached €16.558 billion, an increase of 4.5 percent compared to last year’s first quarter.

Total employment in the quarter was 2,212,200 people and had increased by 0.6 percent from the first quarter of 2011. Seasonally adjusted total employment rose by 0.7 percent in the first quarter of 2012 compared with the first quarter of 2011 and by 0.2 percent compared to the previous quarter.

These flash estimates of gross domestic product and total employment will be updated and reported again on June 6.

Source: Statistics Office of the Slovak Republic

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

Top stories

Marian Kočner

Kuciak murder trial goes back to court. Supreme Court accepted the prosecutor’s appeal

The Specialised Criminal Court will deal with the case again and consider newly-proposed evidence.


2 h
Sputnik V vaccination in Slovakia

Foreigners without Slovak public health insurance can now register for a Covid jab

On June 14 the ministry expanded the group of people entitled for vaccination.


14. jún

President Čaputová met with Biden, he appreciated Slovakia’s progress

According to Čaputová, the partnership of countries in NATO is strong and based on the values ​​of democracy, the rule of law and respect for human rights.


8 h
Beach loungers are set for tourists in Opatija, Croatia.

Slovaks plan summer holidays but they still fear travelling abroad

Most people are ready to travel to Croatia this summer (10 percent) but this share is still significantly less than before the pandemic.


7 h