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Economy of Slovakia vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

Slovakia has a GDP of $141B compared to $115B for Uzbekistan, ranking 61/197 and 66/197 by economy size, respectively.

Slovakia has $80.7B in government debt (57.2% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

Slovakia vs Uzbekistan GDP by year

Slovakia
Uzbekistan
1x
Year GDP, current $
Slovakia Uzbekistan
2024 $140,934,076,532 $114,965,293,467
2023 $133,578,518,424 $102,641,879,249
2022 $115,792,972,358 $90,095,926,567
2021 $120,511,265,913 $77,340,060,003
2020 $107,732,602,896 $66,443,265,418
2019 $105,843,498,304 $67,293,639,798
2018 $106,611,673,365 $58,695,899,092
2017 $95,978,130,735 $69,703,222,283
2016 $90,347,173,229 $86,138,288,644
2015 $89,178,548,717 $86,196,264,755
2014 $101,713,075,599 $80,845,385,809
2013 $99,134,277,850 $73,180,037,915
2012 $94,724,394,278 $67,517,349,212
2011 $99,705,104,723 $60,178,909,297
2010 $91,112,160,801 $49,765,676,402
2009 $89,342,984,698 $33,689,223,673
2008 $100,830,060,553 $29,549,438,884
2007 $86,587,749,518 $22,311,393,928
2006 $70,751,813,443 $17,330,833,853
2005 $62,547,753,148 $14,307,509,839
2004 $57,215,475,076 $12,030,023,548
2003 $46,616,149,117 $10,134,453,435
2002 $35,243,658,399 $9,687,788,513
2001 $30,726,659,551 $11,401,421,329
2000 $29,215,726,005 $13,760,513,969
1999 $30,496,272,225 $17,078,465,982
1998 $29,976,207,629 $14,988,971,211
1997 $27,844,628,979 $14,744,603,774
1996 $28,197,790,875 $13,948,892,216
1995 $26,180,022,222 $13,350,461,265
1994 $20,428,139,756 $12,899,074,922
1993 $16,737,973,764 $13,099,920,056
1992 $15,699,327,209 $12,953,801,760
1991 $14,459,924,589 $13,800,167,712
1990 $12,915,046,978 $13,362,340,338
1989 - $11,948,815,258
1988 - $10,722,799,639
1987 - $8,523,160,593

Data sources: World Bank | Economy & Growth (1987–2024, retrieved 2026-04-06).

GeoRank.org/economy/slovakia/uzbekistan | CC BY

GDP per capita in Slovakia vs Uzbekistan by year

Slovakia
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Slovakia Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $25,993 $48,132 $3,162 $11,879
2023 $24,615 $45,974 $2,879 $11,107
2022 $21,318 $41,562 $2,579 $10,293
2021 $22,123 $38,346 $2,259 $9,248
2020 $19,735 $35,328 $1,978 $8,452
2019 $19,406 $33,986 $2,041 $8,544
2018 $19,573 $31,510 $1,813 $8,129
2017 $17,646 $30,246 $2,191 $7,818
2016 $16,636 $29,868 $2,753 $6,919
2015 $16,442 $30,148 $2,803 $6,800
2014 $18,771 $29,108 $2,675 $6,610
2013 $18,313 $28,075 $2,462 $6,413
2012 $17,517 $27,023 $2,307 $6,168
2011 $18,469 $26,202 $2,088 $5,949
2010 $16,899 $25,382 $1,753 $5,505
2009 $16,587 $23,077 $1,206 $5,135
2008 $18,744 $23,714 $1,075 $4,800
2007 $16,110 $21,232 $824 $4,386
2006 $13,168 $18,906 $649 $3,956
2005 $11,642 $16,570 $543 $3,618
2004 $10,650 $15,166 $462 $3,321
2003 $8,675 $14,088 $394 $3,047
2002 $6,555 $13,292 $381 $2,902
2001 $5,712 $12,367 $454 $2,782
2000 $5,422 $11,370 $555 $2,644
1999 $5,652 $10,726 $698 $2,522
1998 $5,561 $10,666 $621 $2,418
1997 $5,172 $10,137 $621 $2,329
1996 $5,248 $9,500 $597 $2,214
1995 $4,883 $8,812 $583 $2,178
1994 $3,821 $8,178 $574 $2,197
1993 $3,143 $7,569 $596 $2,318
1992 $2,959 $7,270 $603 $2,371
1991 $2,727 $7,623 $658 $2,676
1990 $2,437 $8,638 $653 $2,665
1989 - - $598 -
1988 - - $551 -
1987 - - $450 -

Data sources: World Bank | Economy & Growth (1987–2024, retrieved 2026-04-06).

GeoRank.org/economy/slovakia/uzbekistan | CC BY

Slovakia's GDP per capita is $25,993, ranking 47/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Slovakia ranks 49th at $48,132, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Slovakia Uzbekistan
Gross domestic product
$141B
2024
$115B
2024
GDP rank
61/197
2024
66/197
2024
GDP growth
1.94%
2023-2024
6.5%
2023-2024
GDP per capita
$25,993
2024
$3,162
2024
GDP per capita rank
47/197
2024
139/197
2024
GDP per capita, PPP
$48,132
2024
$11,879
2024
GDP per capita PPP rank
49/197
2024
125/197
2024
Government debt
$80.7B
2024
$37.5B
2024
Debt-to-GDP ratio
57.2%
2024
32.7%
2024
Government debt per person
$14,876
2024
$1,032
2024
Government debt per person rank
40/185
2024
141/185
2024
Average annual personal income after taxes
$17,983
2026
$3,658
2026
Market capitalization of domestic companies
$5.38B
2014
$18.8B
2024
Number of billionaires
2
2025
n/a
Income share by richest 10%
18.8%
2023
25.7%
2024
Income share by poorest 10%
3.3%
2023
2.3%
2024
Government expenditure, % of GDP
47.1%
2024
27.6%
2024
Consumer prices inflation
2.76%
2023-2024
9.6%
2023-2024
Central bank interest rate n/a
14%
2025
Unemployment rate
5.34%
2024
5.29%
2020
Population
5359438
37939105

Spending and national debt comparison by year

Slovakia
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Slovakia Uzbekistan
Government spending Government debt Government spending Government debt
2024 47.1% 57.2% 27.6% 32.7%
2023 48% 55.6% 29.9% 32.2%
2022 43% 57.7% 31.3% 30.5%
2021 44.9% 60.2% 27.4% 31.7%
2020 44.5% 58.4% 26% 33.7%
2019 40.6% 48% 24.4% 25.4%
2018 39.7% 49.3% 22.2% 17.5%
2017 39.8% 51.4% 19.9% 17.3%
2016 40.9% 52.1% 23.3% 8.19%
2015 44.1% 51.6% 24.6% 6.72%
2014 42% 53.4% 24.9% 6.09%
2013 41.1% 54.6% 25.2% 6.23%
2012 40% 51.7% 23.9% 6.76%
2011 40.8% 43.3% 23.7% 6.33%
2010 41% 40.7% 26.4% 6.61%
2009 43.2% 36.4% 27.5% 7.3%
2008 36.5% 28.6% 26.5% 8.33%
2007 35.9% 30.4% 24.8% 9.56%
2006 38.2% 31.5% 24.7% 13.5%
2005 39.1% 35% 28.1% 21%
2004 38.4% 42% 29.4% 26.9%
2003 40% 43.6% 31.5% 31.4%
2002 46% 45.6% 34.6% 41.6%
2001 46.2% 51.4% 30.6% 44.8%
2000 53.2% 50.6% 32.9% 29.5%
1999 48.4% 47.1% 33.6% 18.4%
1998 46.2% 33.9% 35.1% 18%
1997 48.6% 32.8% 31.8% 15.3%
1996 52.8% 30.3% 35.1% -
1995 47.8% 21.3% 29.4% -
1994 - - 27.1% -
1993 - - 39.6% -
1992 - - 18% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/slovakia/uzbekistan | CC BY

In 2024, Slovakia's government spending was $66.4B, accounting for 47.1% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 57.2% in Slovakia and 32.7% in Uzbekistan, ranking 90/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
Slovakia

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Slovakia Uzbekistan
2024 -5.27% -2.37%
2023 -5.15% -4.03%
2022 -1.16% -3.65%
2021 -5.09% -4.1%
2020 -5.3% -2.95%
2019 -1.21% -0.3%
2018 -1.01% 1.64%
2017 -0.98% 1.04%
2016 -2.59% 0.7%
2015 -2.78% -0.28%
2014 -3.25% 1.9%
2013 -2.86% 2.15%
2012 -4.37% 5.89%
2011 -4.36% 5.11%
2010 -7.44% 2.56%
2009 -8.18% 1.82%
2008 -2.54% 5.97%
2007 -2.26% 3.55%
2006 -3.57% 2.72%
2005 -2.86% -3.52%
2004 -2.36% -3.74%
2003 -2.28% -4.87%
2002 -8.35% -6.31%
2001 -7.74% -3.28%
2000 -12.7% -3.66%
1999 -7.25% -2.91%
1998 -5.37% -3.04%
1997 -6.24% -2.05%
1996 -9.72% -1.57%
1995 -3.43% -1.77%
1994 - -4.47%
1993 - -12%
1992 - 7.15%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/slovakia/uzbekistan | CC BY

In 2024, Slovakia's government deficit, the difference between spending and revenue, was $7.43B, equivalent to 5.27% of GDP. This compares to Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 30 years, Slovakia recorded a fiscal deficit in 30 of those years, while Uzbekistan ran a deficit in 18 years. On average, Slovakia posted an annual deficit equal to 4.59% of GDP, compared to deficit of 0.64% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Slovakia

Uzbekistan
1x
Year Consumer prices inflation
Slovakia Uzbekistan
2024 2.76% 9.6%
2023 10.5% 10%
2022 12.8% 11.4%
2021 3.15% 10.8%
2020 1.94% 12.9%
2019 2.66% 14.5%
2018 2.51% 17.5%
2017 1.31% 13.9%
2016 -0.52% 8.8%
2015 -0.33% 8.5%
2014 -0.08% 9.1%
2013 1.4% 11.7%
2012 3.61% 11.9%
2011 3.92% 12.4%
2010 0.96% 12.3%
2009 1.62% 12.3%
2008 4.6% 13.1%
2007 2.76% 11.2%
2006 4.48% 13.1%
2005 2.71% 10.7%
2004 7.55% 7.3%
2003 8.55% 12.5%
2002 3.13% 27.3%
2001 7.33% 27.3%
2000 12% 25%
1999 10.6% 29.1%
1998 6.67% 29%
1997 6.14% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/slovakia/uzbekistan | CC BY

Over the past 28 years, Slovakia has recorded an average annual inflation rate of 4.45%, compared with 16.6% in Uzbekistan. In 2024, inflation was 2.76% in Slovakia and 9.6% in Uzbekistan.

Top exports between countries

Slovakia
Export category Export value
Raw materials & minerals $32.2M
Machinery & equipment $27.8M
Metals $4.9M
Weapons & explosives $1.58M
Raw agricultural goods $1.44M
Textiles & consumer goods $1.29M
Wood & paper products $745K
Miscellaneous $704K
Chemicals & pharma $520K
Processed food, beverages & tobacco $134K
Uzbekistan
Export category Export value
Textiles & consumer goods $2.3M
Chemicals & pharma $987K
Raw agricultural goods $323K
Processed food, beverages & tobacco $44K
Manufacturing & construction services $38K
Machinery & equipment $25K
Raw materials & minerals $2K

Balance of trade

Slovakia Uzbekistan
Current account balance
-$6.5B
2024
-$5.71B
2024
Current account balance ranking
171/190
2024
169/190
2024
Current account balance, % of GDP
-4.61%
2024
-4.97%
2024
Goods imports
$107B
2024
$33.2B
2024
Goods exports
$106B
2024
$19.6B
2024
Service imports
$13.2B
2024
$10.5B
2024
Service exports
$13.9B
2024
$6.55B
2024
Imports of goods and services, % of GDP
85.7%
2024
38%
2024
Exports of goods and services, % of GDP
85.5%
2024
22.8%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Slovakia Uzbekistan
Economic freedom 67.7 60.3
Economic freedom ranking 54/197 94/197
Property rights 82.6 43.1
Government integrity 57.2 32
Judicial effectiveness 70.5 13.7
Tax burden 75.4 95
Government spending 36.4 73.7
Fiscal health 69.6 79.9
Business freedom 71.1 62.5
Labor freedom 55.1 48.4
Monetary freedom 69.7 65.1
Trade freedom 79.4 80.6
Investment freedom 75 70
Financial freedom 70 60

Economic freedom comparison by year

Slovakia
Uzbekistan
1x
Year Economic freedom index
Slovakia Uzbekistan
2026 67.7 60.3
2025 68.4 58
2024 68.1 55.9
2023 69 56.5
2022 69.7 55.7
2021 66.3 58.3
2020 66.8 57.2
2019 65 53.3
2018 65.3 51.5
2017 65.7 52.3
2016 66.6 46
2015 67.2 47
2014 66.4 46.5
2013 68.7 46
2012 67 45.8
2011 69.5 45.8
2010 69.7 47.5
2009 69.4 50.5
2008 70 51.9
2007 69.6 51.5
2006 69.8 48.7
2005 66.8 45.8
2004 64.6 39.1
2003 59 38.3
2002 59.8 38.5
2001 58.5 38.2
2000 53.8 38.1
1999 54.2 33.8
1998 57.5 31.5
1997 55.5 -
1996 57.6 -
1995 60.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/slovakia/uzbekistan | CC BY

The Economic Freedom Index for Slovakia is 67.7, ranking 54/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Slovakia Uzbekistan
Services, % of GDP
60%
2024
45.2%
2024
Industry, % of GDP
28.9%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
1.58%
2024
18.3%
2024
GNI, Atlas method
$128B
2024
$110B
2024
GNI per capita, PPP
$47,040
2024
$12,000
2024
Total reserves including gold
$14.5B
2024
$41.2B
2024
Total reserves ranking
68/177
2024
50/177
2024
Net foreign direct investment
-$2.77B
2024
-$2.81B
2024
Net inflows of foreign direct investment
$5.01B
2024
$2.99B
2024
Net outflows of foreign direct investment
$2.24B
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI n/a
9.88%
2024
Poverty at national poverty lines
13.7%
2021
8.9%
2024
Gross capital formation, % of GDP
20.1%
2024
33.3%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/slovakia/uzbekistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2017–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.